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Measurement and evaluation of change...

Zhang, Renze.

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Measurement and evaluation of changes in income distributions: A welfare approach.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Measurement and evaluation of changes in income distributions: A welfare approach./
Author:	Zhang, Renze.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 1992,
Description:	117 p.
Notes:	Source: Dissertation Abstracts International, Volume: 53-08, Section: A, page: 2932.
Contained By:	Dissertation Abstracts International53-08A.
Subject:	Economic theory. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9238372

Measurement and evaluation of changes in income distributions: A welfare approach.
Zhang, Renze.

Measurement and evaluation of changes in income distributions: A welfare approach. - Ann Arbor : ProQuest Dissertations & Theses, 1992 - 117 p.

Source: Dissertation Abstracts International, Volume: 53-08, Section: A, page: 2932.

Thesis (Ph.D.)--University of Illinois at Chicago, 1992.

This study contains two parts. In the first part various devices to rank income distrubution are discussed regarding their welfare implications, and a new device, the Modified Generalized Lorenz curve (MGL), is suggested. The properies of MGL ranking, in terms of the social welfare function corresponding to MGL, and the conditions for MGL dominance are proved. The MGL ranking takes into account the society's preference on equity and efficiency, and the trade-off relationship between them. A parameter $\beta$ in the formula of MGL reflects the different attitude towards the trade-off. It is also suggested the way to empirically revealed the value of $\beta$ for a society using the data of income distributions and information of people's evaluations of income distributions.Subjects--Topical Terms:

1556984
Economic theory.

Measurement and evaluation of changes in income distributions: A welfare approach.
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035 $a (MiAaPQ)AAI9238372
035 $a AAI9238372
040 $a MiAaPQ $c MiAaPQ
100 1 $a Zhang, Renze. $3 3285156
245 1 0 $a Measurement and evaluation of changes in income distributions: A welfare approach.
260 1 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 1992
300 $a 117 p.
500 $a Source: Dissertation Abstracts International, Volume: 53-08, Section: A, page: 2932.
500 $a Adviser: Mo-Yin S. Tam.
502 $a Thesis (Ph.D.)--University of Illinois at Chicago, 1992.
520 $a This study contains two parts. In the first part various devices to rank income distrubution are discussed regarding their welfare implications, and a new device, the Modified Generalized Lorenz curve (MGL), is suggested. The properies of MGL ranking, in terms of the social welfare function corresponding to MGL, and the conditions for MGL dominance are proved. The MGL ranking takes into account the society's preference on equity and efficiency, and the trade-off relationship between them. A parameter $\beta$ in the formula of MGL reflects the different attitude towards the trade-off. It is also suggested the way to empirically revealed the value of $\beta$ for a society using the data of income distributions and information of people's evaluations of income distributions.
520 $a The second part of the study is an empirical examination and evaluation of changes in the income distributions of the Mainland China, Taiwan and Hong Kong in the 1980s. Lorenz curves are estimated, and Generalized Lorenz curves (GL), Modified Generalized Lorenz curves are calculated for these three economies. Based on these estimates, rankings by GL, MGL, and other devices are obtained to show the changes in welfare level. For Mainland China, inequality had kept increasing during the whole period, but in the early stage of economic reform (up to 1984) increase in mean income had been more than compensated the worsening of inequality. In the late 1980s, there was no steady improvement in welfare level due to insufficient increase in mean income. For Taiwan and Hong Kong, mean incomes had increased at high rates, and inequality had not significantly increased or even decreased. So rankings by the same devices show a steady improvement over years.
590 $a School code: 0799.
650 4 $a Economic theory. $3 1556984
650 4 $a Economics. $3 517137
690 $a 0511
690 $a 0501
710 2 $a University of Illinois at Chicago. $3 1020478
773 0 $t Dissertation Abstracts International $g 53-08A.
790 $a 0799
791 $a Ph.D.
792 $a 1992
793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9238372