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Research Article
 

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



Zafar I. Kayani and Ahmed Abdul Ghani
 
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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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