Cross-country inequalities in aggregate welfare: some evidence

International inequality in aggregate welfare levels has been estimated with the help of Sen and Theil indexes. Results reveal that welfare inequalities have reduced recently and that mean income differences explain most of these inequalities, and its reduction. These findings imply that, at least from the perspective of the Sen Index, no significant information is lost if per capita incomes inequalities are used as a proxy of welfare levels differences.

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Year of publication:	2001
Authors:	Moreno, Juan Antonio Duro
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 8.2001, 6, p. 403-406
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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