Changes in relative prices and welfare in Argentina

An estimation based on distributional characteristics

Authors

  • Sabrina Lozano Facultad de Ciencias Económicas, Universidad Nacional de La Plata, Argentina
  • Jorge Puig Instituto de Investigaciones Económicas, Facultad de Ciencias Económicas, Universidad Nacional de La Plata, Argentina
  • Diego Javier Fernández Felices Instituto de Investigaciones Económicas, Facultad de Ciencias Económicas, Universidad Nacional de La Plata, Argentina

DOI:

https://doi.org/10.24215/18521649e018

Keywords:

distributional characteristic, social welfare, price changes, relative prices

Abstract

This paper studies the effects on social welfare occurred after changes in relative prices in Argentina between December 2016 and June 2019. Distributional characteristics of goods are estimated using the Households Expenditure Survey 2017-2018, following Navajas (2004). Results show a negative welfare effect, mainly driven by increases in relative prices of electricity and gas, communications, transport and some food items. Heterogeneities both in consumption patterns and changes in relative prices lead to different effects on welfare among regions.

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Published

2021-12-31

How to Cite

Lozano, S. ., Puig, J., & Fernández Felices, D. J. (2021). Changes in relative prices and welfare in Argentina: An estimation based on distributional characteristics. Económica, 67, 018. https://doi.org/10.24215/18521649e018

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Section

Articles