An empirical note on inequality in the world development indicators
A broad range of inequality measures is used to examine inter-country inequality in two highly correlated indicators of development, the per capita real income (Y) and the Human Development Index (HDI). The difference in the degree of inequality in Y and the HDI is found to be highly sensitive to the inequality index. Wolfson's index reflected high inter-country inequality in both Y and the HDI. Several other indexes also measured high inequality in Y and the HDI at varying levels. The entropy class of measures exhibited a high inequality in Y but negligible inequality in the HDI.
Year of publication: |
1997
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Authors: | Pillarisetti, J. Ram |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 4.1997, 3, p. 145-147
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Publisher: |
Taylor & Francis Journals |
Saved in:
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