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عمومی::
تغییر مصرف معادل
6Here the welfare measure used is the equivalent consumption variation (ECV) which refers to the change in
Welfare (ECV) n.a. 2.1% 1.2% 0.3%
I use the equivalent consumption variation (ECV) as the welfare criteria.
In term of ECV, an increase of 2.1% in consumption each period is required to make a new born in the benchmark economy to achieve the
Welfare (ECV) n.a.
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