Rates of return to antipoverty transfers in Uganda
Stephan Dietrich, Daniele Malerba, Armando Barrientos & Franziska Gassmann
#2017-040
A growing literature measures the impact of antipoverty transfer
programmes on variables of interest among participants in low- and
middle-income countries. To date, few studies provide information on net
benefits or rates of return from these programmes. This paper constructs
estimates of rates of return to an antipoverty transfer programme in
Uganda using appropriate welfare weights. Survey and experimental
methods empirically validate the range of welfare weights applied. We
find that rates of return estimates applying appropriate prioritarian
welfare weights are significantly higher than utilitarian rates of
return.
Key words: preference for redistribution, welfare weights, cash
transfers, rates of return, Uganda
JEL Classification: D61, D63, I38