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Distribution of poverty and inequality indices for various groups in Greece using the bootstrap technique

Author

Listed:
  • Dimitra Aggelopoulou

    (University of Patras, Department of Economics, University Campus, Rio, 265 00, Patras, Greece)

  • Stavros Zografakis

    (Agricultural University of Athens, Department of Agricultural Economics and Rural Development 75, Iera Odos, 118 55, Athens, Greece)

  • Panayiotis Sypsas

    (University of Patras, Department of Economics, University Campus, Rio, 265 00, Patras, Greece)

Abstract

The present work estimates poverty and inequality indices in various groups that are known to have high contributions to poverty and inequality, such as farmers, pensioners and families with 3 or more children. Using the bootstrap technique, we estimate confidence intervals for these indices and examine if the decrease of poverty and inequality during the years 1998/99 and 2004/05 in these groups is statistically significant or within the boundary of the confidence interval. For the purpose of the study, we use household income data from the last two Household Budget Surveys (HBS) which cover the entire population of Greece conducted in 1998/99 and 2004/05 by the National Statistical Service of Greece (NSSG). In regard to the methodological issues, we chose the individual as the unit of analysis and the “family equivalence scales” used by Eurostat.

Suggested Citation

  • Dimitra Aggelopoulou & Stavros Zografakis & Panayiotis Sypsas, 2011. "Distribution of poverty and inequality indices for various groups in Greece using the bootstrap technique," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Democritus University of Thrace (DUTH), Kavala Campus, Greece, vol. 4(2), pages 81-97, August.
    • Handle: RePEc:tei:journl:v:4:y:2011:i:2:p:81-97
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    File URL: https://ijbesar.af.duth.gr/docs/volume4_issue2/inequality_indices.pdf
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    References listed on IDEAS

    as
    1. Tsakloglou, Panos & Papadopoulos, Fotis, 2001. "Identifying Population Groups at High Risk of Social Exclusion: Evidence from the ECHP," IZA Discussion Papers 392, Institute of Labor Economics (IZA).
    2. Theodore M. Mitrakos, 2004. "Education and economic inequalities," Economic Bulletin, Bank of Greece, issue 23, pages 27-46, July.
    3. Richard V. Burkhauser & Timothy M. Smeeding & Joachim Merz, 1996. "Relative Inequality And Poverty In Germany And The United States Using Alternative Equivalence Scales," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 42(4), pages 381-400, December.
    4. Panos Tsakloglou, 1990. "Aspects Of Poverty In Greece," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 36(4), pages 381-402, December.
    5. Banks, James & Johnson, Paul, 1994. "Equivalence Scale Relativities Revisited," Economic Journal, Royal Economic Society, vol. 104(425), pages 883-890, July.
    6. Mitrakos Theodore, 2008. "Child Poverty: Recent Developments and Determinants," Economic Bulletin, Bank of Greece, issue 30, pages 57-85, May.
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    Cited by:

    1. Wei-Bin Zhang, 2014. "Growth and inequality examined by integrating the Walrasian general equilibrium and neoclassical growth theories," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Democritus University of Thrace (DUTH), Kavala Campus, Greece, vol. 7(1), pages 7-32, April.

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    More about this item

    Keywords

    poverty; inequality;

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

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