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Title
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The evolution of world inequality in well-being
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Author
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Abstract
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| In this paper, we use the tools offered by the recent literature on multidimensional inequality measurement to investigate the evolution of the inequality in well-being across different countries during 19752000. We focus on three important dimensions of life: standard of living, health, and education. Inequality in the three dimensions shows a different trend during 19752000. We propose a flexible measure of well-being to quantify the evolution of overall intercountry well-being inequality. The empirical results are sensitive to different normative choices on the trade-offs between the different dimensions. Especially the concave transformation of income turns out to be decisive for the evolution of world inequality in well-being. |
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Language
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English
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Source (journal)
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World development. - Oxford
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Publication
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Oxford
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2009
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ISSN
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0305-750X
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DOI
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10.1016/J.WORLDDEV.2007.12.006
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Volume/pages
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37
:1
(2009)
, p. 11-25
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ISI
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000262273400002
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Full text (Publisher's DOI)
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Full text (publisher's version - intranet only)
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