A Generalization of the Theil Measure of Inequality

Swami Tyagarupananda () and Nachiketa Chattopadhyay ()
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Swami Tyagarupananda: Ramakrishna Math and Mission
Nachiketa Chattopadhyay: Indian Statistical Institute

A chapter in Deprivation, Inequality and Polarization, 2019, pp 147-160 from Springer

Abstract: Abstract A general measure of inequality which, in the limit, converges to the Theil measure is developed, based on the Generalized Entropy of Degree $$\alpha $$ α (Aczel and Daroczy 1975). The properties of the measure are discussed with an empirical illustration using Indian Consumer Expenditure Survey data.

Keywords: Information; Inequality; Entropy (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:esichp:978-981-13-7944-4_8

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DOI: 10.1007/978-981-13-7944-4_8

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