IDEAS home Printed from https://ideas.repec.org/a/cai/rpvedb/rpve_504_0179.html
   My bibliography  Save this article

Measuring global well-being inequality: A dimension-by-dimension or multidimensional approach?

Author

Listed:
  • Koen Decancq

Abstract

This paper investigates the evolution of global well-being inequality between 1980 and 2010 based on three dimensions: income, health and education. I compare two different approaches to the measurement of global well-being inequality: a dimension-by-dimension approach and a multidimensional one. The first approach analyses the dimensions of well-being separately. The inequality of each of these dimensions shows a remarkably different pattern over time. Unfortunately, this dimension-by-dimension approach is insensitive to the correlation between the dimensions of well-being. The second approach takes this correlation into account and starts from a multidimensional measure of well-being for each country. This well-being measure reflects the implicit value judgments of the revised Human Development Index (HDI). It is shown that multidimensional well-being inequality has decreased over the considered period. However, this result depends crucially on the weighting scheme selected, the aggregation procedure and the transformation of the income dimension. Biographic note: I wrote my doctoral dissertation on “Essays on the measurement of multidimensional inequality”. Financial support from the IWT-project: “Flemosi: Tools for ex ante evaluation of socio-economic policies in Flanders” is gratefully acknowledged. JEL Classification: D63, I31, O52.

Suggested Citation

  • Koen Decancq, 2011. "Measuring global well-being inequality: A dimension-by-dimension or multidimensional approach?," Reflets et perspectives de la vie économique, De Boeck Université, vol. 0(4), pages 179-196.
  • Handle: RePEc:cai:rpvedb:rpve_504_0179
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=RPVE_504_0179
    Download Restriction: free

    File URL: http://www.cairn.info/revue-reflets-et-perspectives-de-la-vie-economique-2011-4-page-179.htm
    Download Restriction: free

    More about this item

    Keywords

    global inequality; Gini coefficient; human development index; multidimensional inequality;

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

    Statistics

    Access and download statistics

    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:cai:rpvedb:rpve_504_0179. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire). General contact details of provider: http://www.cairn.info/revue-reflets-et-perspectives-de-la-vie-economique.htm .

    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.

    We have no references for this item. You can help adding them by using 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.