Extension of Generalized Lorenz Dominance Criterion to Multivariate Attributes
Extension of Generalized Lorenz Dominance Criterion to Multivariate Attributes
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发表时间:
2012
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通讯作者:
Kazuyuki Nakamura
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作者:
Kazuyuki Nakamura
This paper considers an extension of generalized Lorenz dominance (GL) criterion to the case of multivariate attributes. Based on the uniform majorization of Kolm (1977), we propose an extended version of GL which we call uniform supermajorization which allows for attributes with different means. It is verified that uniform supermajorization has similar implications as uniform majorization for welfare ordering. Furthermore, we show that this criterion can be used for comparison of distributions of unequal populations. We also provide a procedure for empirical investigations which is in the standard form of linear programming problems. key words: Generalized Lorenz dominance, Multidimensional inequality, Uniform majorization. JEL code: D31, D63