The evolution of world inequality in well-being
(2008) World Development — Vol. 37, n° 1, p. 11-25 (2008)
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- Authors
- Abstract
- 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 1975–2000. We focus on three important dimensions of life: standard of living, health, and education. Inequality in the three dimensions shows a different trend during 1975–2000. 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.
- Affiliations
Katholieke Universiteit Leuven Center for Economic Studies Katholieke Universiteit Leuven Center for Economic Studies
Citations
Decanq, K., Decoster, A., & Schokkaert, E. (2008). The evolution of world inequality in well-being. World Development, 37(1), 11-25. https://doi.org/10.1016/j.worlddev.2007.12.006 (Original work published 2008)