[PDF] Top 20 Aggregate Productivity Loss and the Theil Index of Inequality

... between inequality and productivity (see Samuelson, 1966; Sen and Foster, ...marginal productivity theory states that inequality is an efficient outcome of competition and is a consequence of ... See full document

... low Theil index for European, North American, and Asian and Oceanian countries, and comparatively higher Theil index for African, Middle East, and Central and South American ...The ... See full document

... the Theil index formula that presented in the method section, change in the value of inequality over time is a function of two quantities: p j (Share of population of each province from the total ... See full document

... global inequality might change with the new, more accurate, ...global inequality in 2002 using (as before) individual-level data from household ...the Theil index is even ...global ... See full document

... the inequality between the regions of a country by the regions’ shares in the national ...population-weighted inequality indices applied as well as the geographical and temporal coverage of the respective ... See full document

... Neumann index) of a graph’s trace normalized combinatorial Laplacian provides structural information about the level of centralization across a ...the Theil index, which is an established statistical ... See full document

... Theil index. The Theil index is an important indicator of the differences in economic and social development between regions, and can decompose the whole difference to different levels, which ... See full document

... Theil index begins to fall, reaching its lowest level in 2014, but is also at high ...difference. Theil index of the total export-import volume is mainly contributed by regional ... See full document

... greater inequality, it is likely that the upper classes will have to resort more and more to force to get the other classes to work, and to have to employ more and more resources just to maintain order and prevent ... See full document

... the inequality indices in one Gaussian field in which the study of the influence of the one over the other is ...Poverty Index (GPI), that is a class of poverty indices gathering the most common ones and a ... See full document

... by Theil (I954) is defined in terms of the deviations of macro parameters from the averages of the corresponding micro ...parameters. Theil (1971) discusses the nature of aggregation bias in estimating a ... See full document

... key index used in the determination of a Nations wellbeing in terms of development is its quest for energy ...capita index and other economic metrics are therefore dependent on the reliability of the ... See full document

... IT investments vary country to country. Since IT capital goods are an infrastructure auxiliary to production, there are a number of concurrent factors that have to be aware of: Short or mid-run time-invariant Illiteracy, ... See full document

... income inequality, using concepts and measures standard in international comparisons, based on analysis of micro-data from the Survey on Income and Living Conditions, the source of the data for Ireland used in the ... See full document

... The differences in the ability to innovate are motivated by Rosenzweig and Bin- swanger’s (1993) finding that poorer farmers are less likely to undertake risky in- vestments. In addition, data from the World Bank ... See full document

... greater productivity losses, including absenteeism and presenteeism, and activ- ity impairment, thus emphasizing the multifaceted impact of schizophrenia on caregivers and society at ...related productivity ... See full document

... constructing productivity index, fewer data on productivity are available in many manufacturing ...of productivity in the sectors ...of productivity improvement [6], ...on ... See full document

... From the viewpoint of economic theory, the most interesting feature of the law of motion in equation 2 is what it says about the stochastic process of macroeconomic aggregates factor pro[r] ... See full document

... Effects of Trade Reform Combined with More Competitive Pricing Behavior Oligopoly pricing is generally inefficient. This section examines the effects of trade reform combined with more competitive firm pricing behavior. ... See full document

... In other words, expression 5.3 establishes the first-order-approximation relationship between the harmonic aggregate Malmquist Productivity Index we have derived in previous sections and[r] ... See full document