2013
DOI: 10.1515/jgd-2013-0018
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The Evolution of Consumption and Wealth Inequality in India: A Quantitative Assessment

Abstract: In this paper we undertake a fairly straightforward quantitative assessment of trends in inequality in the distribution of consumption expenditure and of household wealth in India. While it is customary to employ, in applied work, only relative measures whose value basis is seldom subjected to any serious critical scrutiny, the present paper assesses inequality in terms of both absolute and intermediate measures, in addition to relative measures. It is found that our judgment of inequality trends is indeed inf… Show more

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Cited by 19 publications
(13 citation statements)
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“…In contrast, absolute inequality, as captured by the Standard Deviation and the Absolute Gini, has increased dramatically and unabated throughout the period analysed. Like these absolute measures, our centrist inequality indicators, the Krtscha measure and the intermediate Gini recently advanced by Subramanian and Jayaraj (), also register a very pronounced increase in inequality over the decades.…”
Section: Introductionsupporting
confidence: 52%
See 1 more Smart Citation
“…In contrast, absolute inequality, as captured by the Standard Deviation and the Absolute Gini, has increased dramatically and unabated throughout the period analysed. Like these absolute measures, our centrist inequality indicators, the Krtscha measure and the intermediate Gini recently advanced by Subramanian and Jayaraj (), also register a very pronounced increase in inequality over the decades.…”
Section: Introductionsupporting
confidence: 52%
“…Furthermore, the Absolute Gini true(AGtrue) is given by: AGtrue(bold-italicxtrue)=truex¯Gtrue(bold-italicxtrue), while various possible intermediate Gini coefficients can be entertained. We use a version recently advanced by Subramanian and Jayaraj (), IG, which is given simply by the product of the relative and absolute Gini coefficients: IGtrue(bold-italicxtrue)=Gtrue(bold-italicxtrue)·truex¯Gtrue(bold-italicxtrue). …”
Section: Inequality Measuresmentioning
confidence: 99%
“…Household income: It is represented by the proportion of per capita non-food expenditures to total consumption expenditures. This proportion captures the variation in the non-food expenditure, which is more likely to capture the inequality rather than a simple nominal food expenditure, where the variation is relatively less across households (Basole & Basu, 2015;Ravallion, 2014;Subramanian & Jayaraj, 2013). Considering the hill region as the benchmark category, two locational dummies have been incorporated.…”
Section: Methodsmentioning
confidence: 99%
“…Apart from the problem of data, there is a problem of conceptual adequacy in addressing the issue of inequality. It is pertinent to note that the Ahluwalia-Bhalla diagnosis of roughly unchanging-over-time inequality is largely a function of the sort of inequality measure employed: the standard Gini coefficient is a wholly relative measure of inequality, and we advocate a more plural approach to inequality assessment, one which finds space for both absolute and intermediate measures of inequality (see also Jayaraj and Subramanian 2012;Subramanian and Jayaraj 2013). A particularly useful intermediate measure of inequality is the Krtscha (1994) measure.…”
Section: Introductionmentioning
confidence: 97%