Strata-based quantification of distributional uncertainty in socio-economic indicators: A comparative study of Indian states. (June 2022)
- Record Type:
- Journal Article
- Title:
- Strata-based quantification of distributional uncertainty in socio-economic indicators: A comparative study of Indian states. (June 2022)
- Main Title:
- Strata-based quantification of distributional uncertainty in socio-economic indicators: A comparative study of Indian states
- Authors:
- Ghosh, Abhik
Mallick, Olivia
Chattopadhay, Souvik
Basu, Banasri - Abstract:
- Abstract: This paper reports a comprehensive study of distributional uncertainty in a few socio-economic indicators across the various states of India over the years 2001–2011. We show that the discrete generalized beta (DGB) distribution, a typical rank order distribution, provide excellent fits to the district-wise empirical data for the population size, literacy rate (LR) and work participation rate (WPR) within every states in India, through its two distributional parameters. Moreover, taking resort to the entropy formulation of the DGB distribution, a proposed uncertainty percentage (UP) unveils the dynamics of the uncertainty of LR and WPR in all states of India. We have also commented on the changes in the estimated parameters and the UP values from the years 2001–2011. Additionally, a gender based analysis of the distribution of these important socio-economic variables within different states of India has also been discussed. Interestingly, it has been observed that, although the distributions of the numbers of literate and working people has a direct (linear) correspondence with that of the population size, the literacy and work-participation rates are distributed independently of the population distributions. This detailed study of distributional uncertainty or inequalities of different socio-economic indicators within and between the various strata along with their relations with the population may help policy makers to frame better policies for a sustainable andAbstract: This paper reports a comprehensive study of distributional uncertainty in a few socio-economic indicators across the various states of India over the years 2001–2011. We show that the discrete generalized beta (DGB) distribution, a typical rank order distribution, provide excellent fits to the district-wise empirical data for the population size, literacy rate (LR) and work participation rate (WPR) within every states in India, through its two distributional parameters. Moreover, taking resort to the entropy formulation of the DGB distribution, a proposed uncertainty percentage (UP) unveils the dynamics of the uncertainty of LR and WPR in all states of India. We have also commented on the changes in the estimated parameters and the UP values from the years 2001–2011. Additionally, a gender based analysis of the distribution of these important socio-economic variables within different states of India has also been discussed. Interestingly, it has been observed that, although the distributions of the numbers of literate and working people has a direct (linear) correspondence with that of the population size, the literacy and work-participation rates are distributed independently of the population distributions. This detailed study of distributional uncertainty or inequalities of different socio-economic indicators within and between the various strata along with their relations with the population may help policy makers to frame better policies for a sustainable and equitable development of the country. Highlights: Distributional uncertainty in socio-economic variables in Indian states. Entropy formulation of the discrete generalized beta distribution. Proposal of uncertainty percentage, a measure defined for distributional uncertainty. Dynamics of the literacy rate (LR) and work participation rate (WPR) in Indian states. Gender based analysis of the distribution of population, LR and WPR. … (more)
- Is Part Of:
- Socio-economic planning sciences. Number 81(2022)
- Journal:
- Socio-economic planning sciences
- Issue:
- Number 81(2022)
- Issue Display:
- Volume 81, Issue 81 (2022)
- Year:
- 2022
- Volume:
- 81
- Issue:
- 81
- Issue Sort Value:
- 2022-0081-0081-0000
- Page Start:
- Page End:
- Publication Date:
- 2022-06
- Subjects:
- Entropy -- Rank order distribution -- Population distribution -- Literacy rate -- Work participation rate
Planning -- Periodicals
Economic policy -- Periodicals
Social policy -- Periodicals
Planification -- Périodiques
Politique économique -- Périodiques
Politique sociale -- Périodiques
ECONOMIC PLANNING
SOCIAL PLANNING
DECISION-MAKING
361 - Journal URLs:
- http://www.sciencedirect.com/science/journal/00380121 ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.seps.2021.101207 ↗
- Languages:
- English
- ISSNs:
- 0038-0121
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 8319.576000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
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