Measuring development : an inequality dominance approach
著者
書誌事項
Measuring development : an inequality dominance approach
(Themes in economics : theory, empirics, and policy / Satish Kumar Jain, Karl Ove Moene, Anjan Mukherji)
Springer, c2020
- : hbk
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注記
Includes bibliographical references and index
内容説明・目次
内容説明
This book discusses how to measure the level of development of an economy, particularly, the task of ranking economies in terms of their development. In this context, development is defined as an increase in people's level of wellbeing. The book emphasises that wellbeing is a multidimensional concept, and that it is important to ask how equitably the fruits of development are distributed, and as such it focuses on multidimensional, inequality-sensitive development ranking. Rather than using various specific development indices, which would lead to different development rankings for a country, the book proposes a dominance approach, which formulates conditions under which two economies can be ranked unambiguously, making it valid for all reasonable development indices. With the help of illustrative examples using real-world data, it demonstrates that such unambiguous rankings are possible, and that the proposed approach can be used to complement traditional approaches. An invaluable resource for researchers working in the field of development, the book will also appeal to practitioners engaged in measuring development.
An excerpt from the book's Foreword:"[This book] is a comprehensive and valuable contribution to the literature on the measurement of inequality and the use of such measurement in the assessment of social welfare. I believe that it will be of much interest to researchers working on measures of inequality and social welfare as well as advanced graduate students who are looking for a solid introduction to this important area of normative economics."
- Prof. Prasanta K. Pattanaik, University of California, Riverside, California, U.S.A.
目次
Chapter 1: Introduction
1.1: Plan of the chapter
1.2: Types of measures
1.3: Alternative notions of development
1.4: Choice of functionings, their observable indicators and relative weights
1.5: A dominance approach
1.6: Conclusion: Chapter summary and a preview of the rest of the book
Chapter 2: Towards an Inequality-Sensitive Measure of Development:
The Unidimensional Case
2.1: Introduction to the chapter
2.2: Measuring inequality
2.3: Back to the measurement of development
2.4: Concluding remarks
Chapter 3: Unidimensional Development Ranking and Fuzzy Lorenz
Dominance
3.1: Introduction to the chapter
3.2: Fixed mean comparisons
3.3: The general case: Variable mean income
3.4: Conclusion
Chapter 4: Illustrative Applications of Unidimensional Development Indices
4.1: Introduction to the chapter
4.2: Household consumption expenditure in India
4.3: Household wealth in India
4.4: An international cross-section perspective: Household wealth in BRICS
countries
4.5: Conclusion
Chapter 5: Multidimensional Lorenz dominance
5.1: Introduction to the chapter
5.2: Notations, definitions etc.
5.3: "Candidate" Lorenz dominance elations
5.4: A class of multidimensional Lorenz dominance relations
5.5: Conclusion
Chapter 6: Multidimensional Inequality-Sensitive Development Ranking
6.1: Introduction to the chapter
6.2: Notations
6.3: Conditions on a multidimensional inequality-sensitive development index
6.3.1: Non-equity conditions
6.3.2: Equity conditions
6.4: Development ranking
6.5: Incompleteness revisited: A partial solution
6.6: Conclusion
Appendix to Chapter 6: Multidimensional Inequality Indices:
A Unifying Approach
6.A.1: Normatively significant multidimensional inequality indices
6.A.2: Multidimensional versions of specific unidimensional inequality indices
6.A.2(a): Multidimensional Gini index
6.A.2(b): Multidimensional coefficient of variation and multidimensional
generalised entropy indices
6.A.2(c): Other multidimensional inequality indices
6.A.3: Conclusion
Chapter 7: An Illustration: Multidimensional Development and Inter-State
Inequality in India in the 2000s
7.1: Introduction to the chapter
7.2: Units of observation: The states of India
7.3: The dimensions
7.4: What do we expect a priori?
7.5: The data
7.6: Development ranking
7.7: Conclusion
Chapter 8: Overview and Concluding Remarks
8.1: Overview
8.2: Other ranking rules
8.2.1: Human Development Index
8.2.2: Better Life Index
8.2.3: Some other indices in the academic literature
8.3: Conclusion
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