Correcting the Concentration Index
AbstractIn recent years attention has been drawn to several shortcomings of the Concentration Index, a frequently used indicator of the socioeconomic inequality of health. Some modifications have been suggested, but these are only partial remedies. This paper proposes a corrected version of the Concentration Index which is superior to the original Concentration Index and its variants, in the sense that it is the only rank-dependent indicator which satisfies four key requirements (transfer, level independence, cardinal consistency, and mirror). The paper also shows how the corrected Concentration Index can be decomposed and generalized.
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Bibliographic InfoPaper provided by University of Antwerp, Faculty of Applied Economics in its series Working Papers with number 2006027.
Length: 27 pages
Date of creation: Nov 2006
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- NEP-ALL-2007-10-20 (All new papers)
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