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Bias Correction for Inequality Measures: An Application to China and Kenya

Robert Vincent Breunig ()

Applied Economics Letters, 2002, vol. 9, issue 12, pages 783-86

Abstract: An analytical bias correction technique for inequality measures is applied to income data from China and Kenya. The coefficient of variation squared is used and it is illustrated how the bias is downward for positively skewed distributions. The analytical bias correction technique is then compared to a jackknife estimator in a simulation exercise. The bias will be important, even for moderately large sample sizes. Copyright 2002 by Taylor and Francis Group

Date: 2002

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