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Has the world moved forward? A robust multidimensional evaluation

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  • Decancq, Koen
  • Ooghe, Erwin

Abstract

This paper presents a multidimensional normative framework to evaluate whether the world moved forward between 1980 and 2008. We focus on the robustness of the results when attributing different weights to the different dimensions. Population-weighted international welfare has not worsened over this period. However, the trend in the underlying inequality is ambiguous, once sufficient weight is given to longevity and/or income.

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Bibliographic Info

Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 107 (2010)
Issue (Month): 2 (May)
Pages: 266-269

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Handle: RePEc:eee:ecolet:v:107:y:2010:i:2:p:266-269

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Web page: http://www.elsevier.com/locate/ecolet

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Keywords: Multidimensional inequality International inequality Dimension weights;

References

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  1. Koen Decancq & André Decoster & Erik Schokkaert, 2007. "The evolution of World inequality in Well-being," Center for Economic Studies - Discussion papers ces0704, Katholieke Universiteit Leuven, Centrum voor Economische Studiën.
  2. Noorbakhsh, Farhad, 2006. "International Convergence or Higher Inequality in Human Development? Evidence for 1975 to 2002," Working Paper Series RP2006/15, World Institute for Development Economic Research (UNU-WIDER).
  3. Angus Deaton, 2005. "ERRATUM: Measuring Poverty in a Growing World (or Measuring Growth in a Poor World)," The Review of Economics and Statistics, MIT Press, vol. 87(2), pages 395-395, May.
  4. Anthony B. Atkinson & Andrea Brandolini, 2008. "On analysing the world distribution of income," Working Papers 97, ECINEQ, Society for the Study of Economic Inequality.
  5. Steve Dowrick & Muhammad Akmal, 2005. "Contradictory Trends In Global Income Inequality: A Tale Of Two Biases ," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 51(2), pages 201-229, 06.
  6. Sudhir Anand & Paul Segal, 2008. "What Do We Know about Global Income Inequality?," Journal of Economic Literature, American Economic Association, vol. 46(1), pages 57-94, March.
  7. Angus Deaton, 2003. "Measuring Poverty in a Growing World (or Measuring Growth in a Poor World)," NBER Working Papers 9822, National Bureau of Economic Research, Inc.
  8. Capeau, Bart & Decoster, Andre, 2004. "The Rise or Fall of World Inequality: A Spurious Controversy?," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
  9. Gary S. Becker & Tomas J. Philipson & Rodrigo R. Soares, 2005. "The Quantity and Quality of Life and the Evolution of World Inequality," American Economic Review, American Economic Association, vol. 95(1), pages 277-291, March.
  10. Kolm, Serge-Christophe, 1977. "Multidimensional Egalitarianisms," The Quarterly Journal of Economics, MIT Press, vol. 91(1), pages 1-13, February.
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Cited by:
  1. Ernesto Savaglio, 2007. "On multidimensional inequality with variable distribution mean," Department of Economics University of Siena 522, Department of Economics, University of Siena.
  2. BOSMANS, Kristof & DECANCQ, Koen & OOGHE, Erwin, 2013. "What do normative indices of multidimensional inequality really measure?," CORE Discussion Papers 2013035, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  3. Andreas Peichl & Nico Pestel, 2011. "Multidimensional affluence: Theory and applications to Germany and the US," Working Papers 218, ECINEQ, Society for the Study of Economic Inequality.

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