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Distribution of poverty and inequality indices for various groups in Greece using the bootstrap technique

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  • Dimitra Aggelopoulou

    ()
    (University of Patras, Department of Economics, University Campus, Rio, 265 00, Patras, Greece)

  • Stavros Zografakis

    ()
    (Agricultural University of Athens, Department of Agricultural Economics and Rural Development 75, Iera Odos, 118 55, Athens, Greece)

  • Panayiotis Sypsas

    ()
    (University of Patras, Department of Economics, University Campus, Rio, 265 00, Patras, Greece)

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    Abstract

    The present work estimates poverty and inequality indices in various groups that are known to have high contributions to poverty and inequality, such as farmers, pensioners and families with 3 or more children. Using the bootstrap technique, we estimate confidence intervals for these indices and examine if the decrease of poverty and inequality during the years 1998/99 and 2004/05 in these groups is statistically significant or within the boundary of the confidence interval. For the purpose of the study, we use household income data from the last two Household Budget Surveys (HBS) which cover the entire population of Greece conducted in 1998/99 and 2004/05 by the National Statistical Service of Greece (NSSG). In regard to the methodological issues, we chose the individual as the unit of analysis and the “family equivalence scales” used by Eurostat.

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    Bibliographic Info

    Article provided by Technological Educational Institute (TEI) of Kavala, Greece in its journal International Journal of Economic Sciences and Applied Research (IJESAR).

    Volume (Year): 4 (2011)
    Issue (Month): 2 (August)
    Pages: 81-97

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    Handle: RePEc:tei:journl:v:4:y:2011:i:2:p:81-97

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    Related research

    Keywords: poverty; inequality;

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    1. Tsakloglou, Panos & Papadopoulos, Fotis, 2001. "Identifying Population Groups at High Risk of Social Exclusion: Evidence from the ECHP," IZA Discussion Papers 392, Institute for the Study of Labor (IZA).
    2. Theodore M. Mitrakos, 2004. "Education and economic inequalities," Economic Bulletin, Bank of Greece, Economic Research Department, issue 23, pages 27-46, July.
    3. Tsakloglou, Panos, 1990. "Aspects of Poverty in Greece," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 36(4), pages 381-402, December.
    4. Burkhauser, Richard V. & Smeeding, Timothy M. & Merz, Joachim, 1994. "Relative Inequality and Poverty in Germany and the United States Using Alternative Equivalence Scales," MPRA Paper 16295, University Library of Munich, Germany.
    5. Mitrakos Theodore, 2008. "Child Poverty: Recent Developments and Determinants," Economic Bulletin, Bank of Greece, Economic Research Department, issue 30, pages 57-85, May.
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