Publications in English

This paper focuses on welfare assessment applied to the food sector, which is a relevant factor for Bolivian households. In 2022, Bolivia experienced stable inflation despite a generalized acceleration of prices worldwide, affecting real wages, purchasing power, and households’ consumption baskets. The study quantified changes in economic welfare based on household food expenditures, taking price changes into account. We applied the Vartia algorithm to compute the Equivalent Variation (EV) and the Compensating Variation (CV). The EV and CV results were 1.19% and 1.64%, respectively.

This research provides empirical evidence on the multiplier effects of various types of public investment, offering insights to optimize the allocation of public investment resources from a cost-effectiveness perspective. The results indicate that the most cost-effective public investments are in sectors such as basic sanitation, hydrocarbons, urban planning, health, and agriculture.