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INEQUALITY AND WELFARE IN EEC COUNTRIES *
Author(s) -
Tsakloglou Panos
Publication year - 1992
Publication title -
bulletin of economic research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.227
H-Index - 29
eISSN - 1467-8586
pISSN - 0307-3378
DOI - 10.1111/j.1467-8586.1992.tb00504.x
Subject(s) - inequality , welfare , ranking (information retrieval) , economics , lorenz curve , demographic economics , econometrics , welfare economics , economic inequality , mathematics , gini coefficient , mathematical analysis , machine learning , computer science , market economy
Inequality and welfare comparisons are performed using simple and generalized Lorenz curves and a number of ranking criteria suggested by Shorrocks and Foster, Dardanoni and Lambert, and Davis and Hoy, on Family Expenditure Survey data of nine EEC countries. The highest levels of inequality are observed in Italy and Greece and the lowest in Denmark, Belgium and France, whereas welfare is found to be relatively low in Greece and Ireland and relatively high in Belgium and France.