On measuring group-differentials displayed by socioeconomic indicators
This is a very short and elementary note which points (in a continuation of a recent tradition in the literature) to the importance of taking account of the level of a socioeconomic indicator in comparing group-differentials displayed by it. The requirement of 'level sensitivity' is captured in a couple of axioms, and a measure of differential, which satisfies both these axioms, is advanced. An empirical illustration of the note's concerns is also provided.
Year of publication: |
2006
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Authors: | Mishra, Udaya ; Subramanian, S. |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 13.2006, 8, p. 519-521
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Publisher: |
Taylor & Francis Journals |
Saved in:
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