Bias correction for inequality measures: an application to China and Kenya

Date

Authors

Breunig, Robert

Journal Title

Journal ISSN

Volume Title

Publisher

Routledge, Taylor & Francis Group

Abstract

This article applies an analytical bias correction technique for inequality measures to income data from China and Kenya. We use the coefficient of variation squared and illustrate how the bias is downward for positively skewed distributions. The analytical bias correction technique is then compared to a jackknife estimator n a simulation exercise. The bias will be important, even for moderately large sample sizes.

Description

Keywords

coefficient of variation, small sample bias correction, inequality measurement

Citation

Source

Applied Economics Letters

Type

Working/Technical Paper

Book Title

Entity type

Access Statement

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DOI

10.1080/13504850210165856

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