IDEAS home Printed from https://ideas.repec.org/a/wej/wldecn/674.html
   My bibliography  Save this article

Measuring Income Inequality and Insufficiency

Author

Listed:
  • Percival S. Gabriel

Abstract

Income inequality is normally illustrated by the Lorenz curve and measured by the Gini coefficient and other variant measures. Standard estimates exclude what is left of income when expenditure is subtracted and some groups have income insufficiency, income sufficiency or a surfeit of income—income sufficiency. This paper presents an income insufficiency index (Uiix) using the technique employed by Lorenz to calculate regions of surplus and the area of deficits, dividing them to create a new ratio. The new index is compared with standard measures of inequality using income to add more welfare substance using historical data from the Philippines from 1961 to 2012.

Suggested Citation

  • Percival S. Gabriel, 2017. "Measuring Income Inequality and Insufficiency," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 18(3), pages 19-32, July.
    • Handle: RePEc:wej:wldecn:674
    as

    Download full text from publisher

    File URL: https://www.worldeconomics.com/Journal/Papers/Article.details?ID=674
    Download Restriction: no
    ---><---

    More about this item

    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:wej:wldecn:674. 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.

    We have no bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ed Jones (email available below). General contact details of provider: .

    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.