<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>2619-6573</journal-id>
<journal-title><![CDATA[Ensayos de Economía]]></journal-title>
<abbrev-journal-title><![CDATA[Ens. Econ.]]></abbrev-journal-title>
<issn>2619-6573</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional de Colombia]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2619-65732021000200013</article-id>
<article-id pub-id-type="doi">10.15446/ede.v31n59.88235</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Estimación de la función de bienestar social de Amartya Sen para América Latina]]></article-title>
<article-title xml:lang="en"><![CDATA[Estimating Amartya Sen's Social Welfare Function for Latin America]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Riveros-Gavilanes]]></surname>
<given-names><![CDATA[John Michael]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Investigador Económico de CIPJUS  ]]></institution>
<addr-line><![CDATA[Bogotá ]]></addr-line>
<country>Colombia</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2021</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2021</year>
</pub-date>
<volume>31</volume>
<numero>59</numero>
<fpage>13</fpage>
<lpage>40</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_arttext&amp;pid=S2619-65732021000200013&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_abstract&amp;pid=S2619-65732021000200013&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_pdf&amp;pid=S2619-65732021000200013&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen El presente artículo realiza una serie de aproximaciones empíricas sobre la formulación teórica de la función de bienestar social de Sen (1974), aplicadas al contexto latinoamericano entre 1995 y 2018, para establecer las tendencias de bienestar social en el periodo de análisis. Las estimaciones involucran la formulación original de Sen y su versión generalizada propuesta por Mukhopadhaya (2003a; 2003b). El artículo contribuye -igualmente- a la exploración de las relaciones de largo plazo entre el bienestar, la desigualdad y el ingreso a través del análisis de cointegración de datos de panel. Los resultados indican la existencia de relaciones de largo plazo entre estas variables, una elasticidad ligeramente mayor sobre el bienestar desde la distribución del ingreso que desde el crecimiento económico, mientras que en el corto plazo el bienestar solamente es explicado a través de este último. Finalmente, para los países latinoamericanos se establece su posicionamiento a partir de los niveles de bienestar. Las predicciones del modelo econométrico planteado coinciden -en términos de comportamiento y posición comparativa del bienestar social entre países en relación- con la estimación del planteamiento original de Sen aplicado a América Latina. JEL: D63; E25; O54; O57.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This article carries out a series of empiric approximations of the theoretical formula for Sen's (1974) social welfare function, applied to the Latin American context between 1985 and 2018 to establish social welfare tendencies in the period analyzed. The estimates involve Sen's original formula and its generalized version proposed by Mukhopadhaya (2003a; 2003b). The article contributes - likewise- to the exploration of the long-term relations between welfare, inequality and income through a co-integration analysis of panel data. The results point to the existence of long-term relationships between these variables, a slightly greater elasticity for social welfare when based on income distribution than when based on economic growth, while in the short-term social welfare is only explained through the latter. Finally, positioning for Latin American countries is established through their levels of social welfare. Forecasts made with the proposed econometric model coincide - in terms of behavior and comparative social welfare position among the countries listed - with the estimate from the original Sen approach applied to Latin America. JEL: D63; E25; O54; O57.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[bienestar]]></kwd>
<kwd lng="es"><![CDATA[desigualdad]]></kwd>
<kwd lng="es"><![CDATA[crecimiento]]></kwd>
<kwd lng="es"><![CDATA[ingreso]]></kwd>
<kwd lng="es"><![CDATA[América Latina]]></kwd>
<kwd lng="en"><![CDATA[social welfare]]></kwd>
<kwd lng="en"><![CDATA[inequality]]></kwd>
<kwd lng="en"><![CDATA[growth]]></kwd>
<kwd lng="en"><![CDATA[income]]></kwd>
<kwd lng="en"><![CDATA[Latin America]]></kwd>
</kwd-group>
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