Multidimensional well-being inequality social evaluation Gini function for Colombia 2012

Carlos A. Garzón R. ()

No 19510, Documentos de Trabajo UEC from Universidad Externado de Colombia

Abstract: The traditional literature on inequality measurements focused, for a long time, on achievements represented by one vector of distribution. Current researches consider that individual well-being consist in a multi vector distribution. In that sense, this paper describes the axiomatic framework and calculates the Multidimensional Social Evaluation Gini Function of Decancq and Lugo (2008). It assumes the distribution of capabilities as a complementary road to understand that concept. The empirical measure uses household data from Colombia for 2012 from the National Household Survey (GEIH) over three dimensions of well-being: health, education and income. The results show a Gini index rank between 0.1572 and 0.3632, depending on the bottom sensitivity. In both cases, the current measure is below the traditional Gini evaluated for 2012 (0.539). In addition, calculations shows profound discrepancies in terms of regions.

Keywords: MULTIDIMENSIONAL; WELL-BEING (search for similar items in EconPapers)
Pages: 32
Date: 2014-03-12
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Persistent link: https://EconPapers.repec.org/RePEc:col:000139:019510

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