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Resources and Functionings: A New View of Inequality in Australia

  • C. A. Knox Lovell
  • Peter Travers
  • Sue Richardson
  • Lisa Wood

Abstract

The degree of inequality in the levels of well-being of its citizens tells us a great deal about a society. It enables us to judge its social and economic system, to identify those citizens with a claim on community compassion, to identify the sources of hardship, and to devise strategies for reducing levels of hardship. The value of such information is undoubted. But we confront a severe practical problem in first defining, and then measuring, what we mean by well-being. It is surely multi-dimensional, and difficult to reduce to a scalar-valued index.

Keywords

Distance Function Transformation Efficiency Gini Coefficient Life Index Malmquist Index 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin · Heidelberg 1994

Authors and Affiliations

  • C. A. Knox Lovell
    • 1
  • Peter Travers
    • 2
  • Sue Richardson
    • 3
  • Lisa Wood
    • 4
  1. 1.The University of North CarolinaUSA
  2. 2.The Flinders UniversityAdelaideAustralia
  3. 3.The University of AdelaideAdelaideAustralia
  4. 4.The Research Triangle InstituteResearch Triangle ParkUSA

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