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Research Article
 

Intercountry Inequality in Some Measure of Well-Being: 1960-1992



Zafar I. Kayani and Ahmed Abdul Ghani
 
ABSTRACT

In this paper three important inequality measures with convenient decomposition properties are used to compare trends in intercountry inequality in two measures of well-being, namely, the Human Development Index and real income (measured by real GDP per capita in 1985 international dollars). To this end, internationally comparable data on the two measures of well-bieng for the years 1960, 1970, 1980, and 1992 are used. The results indicate that despite the near perfect positive correlation between the two measures of well-begin, the intercountry inequality trends are different, with inequality in HDI exhibiting a downward trend over the four years and that in real income exhibiting an inverted U-curve pattern.

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  How to cite this article:

Zafar I. Kayani and Ahmed Abdul Ghani , 2003. Intercountry Inequality in Some Measure of Well-Being: 1960-1992. Journal of Applied Sciences, 3: 120-124.

DOI: 10.3923/jas.2003.120.124

URL: https://scialert.net/abstract/?doi=jas.2003.120.124

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