On measuring group-differentials displayed by socio-economic indicators: An Extension
In a recent paper, Mishra and Subramanian (2006) propose a measure to explain group-differential which is sensitive to levels in the sense that a given hiatus at lower levels of failure (or higher levels of attainment) is considered worse off. This paper critically evaluates their method - refines their two axioms, adds an additional axiom of normalization and proposes an alternative which is more general. It proposes to reduce subjectivity when there is lower hiatus at lower levels of failure and also addresses scenarios when rank ordering of sub-groups will be reversed. Empirical illustration with infant mortality rate data for selected Indian states is also provided.
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- Srijit Mishra, 2008.
"On measuring group-differentials displayed by socio-economic indicators: an extension,"
Applied Economics Letters,
Taylor & Francis Journals, vol. 15(12), pages 935-938.
- Srijit Mishra, 2006. "On Measuring Group-differentials Displayed by Socio-economic Indicators - An Extension," Microeconomics Working Papers 22397, East Asian Bureau of Economic Research.
- Srijit Mishra, 2006. "On measuring group-differentials displayed by socio-economic indicators: An Extension," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2006-005, Indira Gandhi Institute of Development Research, Mumbai, India.
- Udaya Mishra & S. Subramanian, 2006. "On measuring group-differentials displayed by socioeconomic indicators," Applied Economics Letters, Taylor & Francis Journals, vol. 13(8), pages 519-521.
- Kakwani, N., 1993. "Performance in living standards : An international comparison," Journal of Development Economics, Elsevier, vol. 41(2), pages 307-336, August.
- Sen, Amartya K, 1976. "Poverty: An Ordinal Approach to Measurement," Econometrica, Econometric Society, vol. 44(2), pages 219-31, March.
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