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A multivariate analysis of the distribution of individual's welfare in China: What is the role of health?

机译:中国个人福利分布的多变量分析:健康的作用是什么?

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Many economists have argued that income is an inadequate indicator of welfare. In this paper, we conduct a multivariate analysis of the distribution of individual welfare in China at three selected time points: 1991, 1997 and 2006. Instead of using income as the only welfare indicator as in most distributional analyses, we explicitly consider the role of health in welfare distribution. We adopt the Naga and Geoffard (2006) decomposition method by which we can decompose a bidimensional welfare inequality index into two univariate Atkinson-Kolm -Sen indices that measure the inequalities in health and income, and a third term that measures the contribution from the joint distribution of the two attributes to total inequality. We show that the third term might be used as an alternative to the concentration index to measure the income-related inequality in health.
机译:许多经济学家认为,收入不足以表明福利。在本文中,我们在三个选定的时间点(1991年,1997年和2006年)对中国个人福利的分布情况进行了多变量分析。我们没有像大多数分布分析那样将收入作为唯一的福利指标,而是明确考虑了社会福利的作用。福利分配中的健康。我们采用Naga和Geoffard(2006)的分解方法,通过该方法,我们可以将二维福利不平等指数分解为两个单变量的Atkinson-Kolm -Sen指数,用于衡量健康和收入方面的不平等,而第三个项则用于衡量来自联合的贡献。这两个属性在总不平等中的分布。我们表明,第三项可以代替集中度指数来衡量与收入相关的健康不平等。

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