IDEAS home Printed from https://ideas.repec.org/p/col/000091/001972.html
   My bibliography  Save this paper

An approximation to the standard of living index: the colombian case

Author

Listed:
  • Luis Fernando Gamboa
  • Darwin Cortes
  • Jorge Ivan Gonzalez

Abstract

This document seeks to show the main properties of a standard of living index using the theoretical approach of Amartya Sen. We establish the link among concepts such as: welfare, well-being, agency achievement and standard of living. Optimal scaling methodology was fundamental in order to test the properties on the Colombian case. These properties are Monotonicity, No independence of irrelevant alternatives, Concavity, Informativity and Substituibility. Resumen. El documento busca mostrar las principales propiedades de un indicador de estándar de vida dentro del enfoque teórico de Amartya Sen. Establecemos un puente entre conceptos tales como: bienestar económico, bienestar, logro de agencia y estándar de vida. La metodología del Optimal scaling fue usada para probar las propiedades de Monotonicidad, No independencia de alternativas irrelevantes, Concavidad, informatividad y sustituibilidad. ********************************************************************** El documento busca mostrar las principales propiedades de un indicador de estándar de vida dentro del enfoque teórico de Amartya Sen. Establecemos un puente entre conceptos tales como: bienestar económico, bienestar, logro de agencia y estándar de vida. La metodología del Optimal scaling fue usada para probar las propiedades de Monotonicidad, No independencia de alternativas irrelevantes, Concavidad, informatividad y sustituibilidad.

Suggested Citation

  • Luis Fernando Gamboa & Darwin Cortes & Jorge Ivan Gonzalez, 2001. "An approximation to the standard of living index: the colombian case," Borradores de Investigación 1972, Universidad del Rosario.
    • Handle: RePEc:col:000091:001972
    as

    Download full text from publisher

    File URL: http://repository.urosario.edu.co/bitstream/handle/10336/10914/1972.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Amartya Sen, 1997. "Maximization and the Act of Choice," Econometrica, Econometric Society, vol. 65(4), pages 745-780, July.
    2. Forrest Young & Yoshio Takane & Jan Leeuw, 1978. "The principal components of mixed measurement level multivariate data: An alternating least squares method with optimal scaling features," Psychometrika, Springer;The Psychometric Society, vol. 43(2), pages 279-281, June.
    3. Sen, Amartya, 1973. "On Economic Inequality," OUP Catalogue, Oxford University Press, number 9780198281931.
    4. Sen, Amartya, 1993. "Markets and Freedoms: Achievements and Limitations of the Market Mechanism in Promoting Individual Freedoms," Oxford Economic Papers, Oxford University Press, vol. 45(4), pages 519-541, October.
    5. S. Winsberg & J. Ramsay, 1983. "Monotone spline transformations for dimension reduction," Psychometrika, Springer;The Psychometric Society, vol. 48(4), pages 575-595, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Suzumura, Kotaro & Xu, Yongsheng, 2001. "Characterizations of Consequentialism and Nonconsequentialism," Journal of Economic Theory, Elsevier, vol. 101(2), pages 423-436, December.
    2. Vizard, Polly, 2005. "The contributions of Professor Amartya Sen in the field of human rights," LSE Research Online Documents on Economics 6273, London School of Economics and Political Science, LSE Library.
    3. Brian Hill, 2012. "Confidence in preferences," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 39(2), pages 273-302, July.
    4. Steven Pressman & Gale Summerfield, 2000. "The Economic Contributions of Amartya Sen," Review of Political Economy, Taylor & Francis Journals, vol. 12(1), pages 89-113.
    5. Jacqueline Meulman, 1992. "The integration of multidimensional scaling and multivariate analysis with optimal transformations," Psychometrika, Springer;The Psychometric Society, vol. 57(4), pages 539-565, December.
    6. Polly Vizard, 2005. "The Contributions of Professor Amartya Sen in the Field of Human Rights," CASE Papers 091, Centre for Analysis of Social Exclusion, LSE.
    7. Yoo, Boonghee, 2009. "Developing an overall ranking of 79 marketing journals: An introduction of PRINQUAL to marketing," Australasian marketing journal, Elsevier, vol. 17(3), pages 160-174.
    8. Gajdos, Thibault & Maurin, Eric, 2004. "Unequal uncertainties and uncertain inequalities: an axiomatic approach," Journal of Economic Theory, Elsevier, vol. 116(1), pages 93-118, May.
    9. Abdelilah Hamdouch & Marc-Hubert Depret, 2005. "Carences institutionnelles et rationnement de l'accès à la santé dans les pays en développement : repères et enjeux," Mondes en développement, De Boeck Université, vol. 131(3), pages 11-28.
    10. Juan Antonio Duro & Jordi Teixidó-Figueras & Emilio Padilla, 2017. "The Causal Factors of International Inequality in $$\hbox {CO}_{2}$$ CO 2 Emissions Per Capita: A Regression-Based Inequality Decomposition Analysis," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(4), pages 683-700, August.
    11. Vincenzo Atella & Jay Coggins & Federico Perali, 2005. "Aversion to inequality in Italy and its determinants," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 2(2), pages 117-144, January.
    12. Jones, Martin K., 2015. "Values, Multiculturalism and Representations," 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon TN 2015-31, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    13. Martens, Karel & Golub, Aaron & Robinson, Glenn, 2012. "A justice-theoretic approach to the distribution of transportation benefits: Implications for transportation planning practice in the United States," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(4), pages 684-695.
    14. Marc Le Menestrel, 2003. "A one-shot Prisoners’ Dilemma with procedural utility," Economics Working Papers 819, Department of Economics and Business, Universitat Pompeu Fabra.
    15. Alan B. Krueger, 2002. "Inequality, Too Much of a Good Thing," Working Papers 845, Princeton University, Department of Economics, Industrial Relations Section..
    16. Thibault Gajdos & John Weymark, 2005. "Multidimensional generalized Gini indices," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 26(3), pages 471-496, October.
    17. Marja Riihelä & Risto Sullström & Matti Tuomala, 2001. "What Lies Behind the Unprecedented Increase in Income Inequality in Finland During the 1990's," Working Papers 0102, Tampere University, Faculty of Management and Business, Economics.
    18. Duro, Juan Antonio, 2012. "On the automatic application of inequality indexes in the analysis of the international distribution of environmental indicators," Ecological Economics, Elsevier, vol. 76(C), pages 1-7.
    19. Rolf Aaberge & Anders Björklund & Markus Jäntti & Mårten Palme & Peder J. Pedersen & Nina Smith & Tom Wennemo, 2002. "Income Inequality and Income Mobility in the Scandinavian Countries Compared to the United States," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 48(4), pages 443-469, December.
    20. Allanson, Paul & Hubbard, Lionel, 1999. "On the Comparative Evaluation of Agricultural Income Distributions in the European Union," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 26(1), pages 1-17, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:col:000091:001972. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Facultad de Economía (email available below). General contact details of provider: https://edirc.repec.org/data/ferosco.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.