Factor Decomposition of Cross-country Income Inequality with Interaction Effects

• Autorzy: Bruno Bracalente , Cristiano Perugini
• Języki publikacji: EN

Abstrakty

EN

In this paper we describe a decomposition of the Th eil measures of per capita income inequality which accounts for interaction eff ects between its multiplicative factors. Our theoretical evidence, supported by an empirical application referring to EU-27 countries in the year 2010, suggest that neglecting these eff ects may strongly bias the relative importance of some factors, with consequent misleading policy implications.(original abstract)

Słowa kluczowe

EN

Econometrics; Income

PL

Ekonometria; Dochody

• Czasopismo: Central European Review of Economics & Finance
• Rocznik: 2012
• Numer: Vol. 2, No 1
• Strony: 109--116

Twórcy

autor

Bruno Bracalente

• University of Perugia, Italy

autor

Cristiano Perugini

• University of Perugia, Italy

Bibliografia

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• Duro Juan Antonio, Padilla Emilio, 2006. International inequalities in per capita CO2 emissions: a decomposition methodology by Kaya factors. Energy Economics 28, 170-187.
• Theil Henri, 1967. Economics and Information Theory. North-Holland, Amsterdam.