Correcting the Concentration Index
Guido Erreygers
Working Papers from University of Antwerp, Faculty of Business and Economics
Abstract:
In recent years attention has been drawn to several shortcomings of the Concentration Index, a frequently used indicator of the socioeconomic inequality of health. Some modifications have been suggested, but these are only partial remedies. This paper proposes a corrected version of the Concentration Index which is superior to the original Concentration Index and its variants, in the sense that it is the only rank-dependent indicator which satis.es four key requirements (transfer, level independence, cardinal consistency, and mirror). The paper also shows how the corrected Concentration Index can be decomposed and generalized.
Keywords: Health inequality; Socioeconomic inequality; Concentration Index (search for similar items in EconPapers)
JEL-codes: D63 I10 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2006-11
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Citations: View citations in EconPapers (33)
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Persistent link: https://EconPapers.repec.org/RePEc:ant:wpaper:2006027
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