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Was Ireland Better Off in 1994 than in 1987?

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Author Info

  • Madden, D.

Abstract

This paper examines the change in welfare in IReland over the 1987-1994 period by investigating whether Lorenz and Generalised Lorenz dominance can be observed for household expenditure data. It also calculated bootstrapped standard error measures for Lorenz and Generalised Lorenz curves and finds that the Generalised Lorenz curve for 1994 lies everywhere above that for 1987 thus indicating dominance. It also invetsigates whether welfare rose using more specific social welfare measures based on average expenditure and the Gini coefficient and finds a statiscally significan rise in social welfare.

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Bibliographic Info

Paper provided by College Dublin, Department of Political Economy- in its series Papers with number 00/11.

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Length: 15 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:fth:dublec:00/11

Contact details of provider:
Postal: Ireland; University College Dublin, Department of Political Economy, Centre for Economic Research, Belfield, Dublin 4
Phone: +353-1-7067777
Fax: +353-1-283 0068
Web page: http://www.ucd.ie/economics/
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Keywords: SOCIAL WELFARE ; IRELAND ; POVERTY;

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References

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  1. Atkinson, Anthony B., 1970. "On the measurement of inequality," Journal of Economic Theory, Elsevier, vol. 2(3), pages 244-263, September.
  2. Alberto Alesina & Dani Rodrik, 1991. "Distributive Politics and Economic Growth," NBER Working Papers 3668, National Bureau of Economic Research, Inc.
  3. Richard Blundell & Ian Preston, 1997. "Consumption, inequality and income uncertainty," IFS Working Papers W97/15, Institute for Fiscal Studies.
  4. Shorrocks, Anthony F, 1983. "Ranking Income Distributions," Economica, London School of Economics and Political Science, vol. 50(197), pages 3-17, February.
  5. Jeffrey A. Mills & Sourushe Zandvakili, 1999. "Statistical Inference via Bootstrapping for Measures of Inequality," Macroeconomics 9902003, EconWPA.
  6. Persson, T. & Tabellini, G., 1993. "Is Inequality Harmful for Growth," Papers 537, Stockholm - International Economic Studies.
  7. Sen, Amartya K, 1977. "On Weights and Measures: Informational Constraints in Social Welfare Analysis," Econometrica, Econometric Society, vol. 45(7), pages 1539-72, October.
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Cited by:
  1. Cathal Clancy & David Madden, 2005. "Growth and Inequality in Ireland, 1987 - 1999," Working Papers 200516, School Of Economics, University College Dublin.
  2. Brian Nolan & Bertrand Maitre, 2000. "A Comparative Perspective on Trends in Income Inequality in Ireland," The Economic and Social Review, Economic and Social Studies, vol. 31(4), pages 329-350.

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