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• W3107182986 abstract "Objective This article proposes a simple and operational definition of development that combines the level of income per capita with a measure of income distribution. Method Following the definition, an economic development index is constructed by averaging income per capita with Gini coefficients from the well‐known SWIID database. Results A ranking of countries is obtained for the proposed index, and it is compared to the rankings produced using the United Nations’ Human Development Index (HDI) and the GDP per capita. Conclusion The results for the proposed index show interesting differences with the rankings produced by the HDI and the economists’ favorite GDP per capita." @default.
• W3107182986 created "2020-12-07" @default.
• W3107182986 creator A5017053514 @default.
• W3107182986 date "2020-12-03" @default.
• W3107182986 modified "2023-09-24" @default.
• W3107182986 title "Income, Equality, and Economic Development" @default.
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• W3107182986 doi "https://doi.org/10.1111/ssqu.12908" @default.
• W3107182986 hasPublicationYear "2020" @default.
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