Abstract
As a theory of choice, household economics offers a conceptual framework in which to investigate the family’s responses to changes in its environment. This framework can be useful for policy-makers and planners in formulating hypotheses about the effects of intervention programs. Econometrics, the complementary statistical extension of economic theory, furnishes a versatile statistical framework for testing these hypotheses and quantifying the effects of such programs, as well as increasing our basic knowledge about the interactions between the program and their social environments.
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Chernichovsky, D., Piñera, S. (1979). The Economic Theory of the Household and Impact Measurement of Nutrition and Related Health Programs. In: Klein, R.E., Read, M.S., Riecken, H.W., Brown, J.A., Pradilla, A., Daza, C.H. (eds) Evaluating the Impact of Nutrition and Health Programs. Springer, Boston, MA. https://doi.org/10.1007/978-1-4684-3489-7_8
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DOI: https://doi.org/10.1007/978-1-4684-3489-7_8
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