The Health Equivalent Adjusted Level (HEAL):
Taking an Ordinal Approach to the Measurement of a Society’s Health Achievements
Abstract:
This paper, following earlier work on the cardinal measurement of ordinal health inequality, proposes an axiomatic derivation of the health achievement in a population when only ordinal information on health is available. An empirical illustration based on EU data for 27 countries during the period 2005-2012 is then presented which confirms the usefulness of the new measure of health achievement that has been introduced.
| Report No.: | HIAS-E-31 |
|---|---|
| Author(s): | Jacques Silber(a), (b) Yongsheng Xu(c) |
| Affiliation: | (a) Department of Economics, Bar-Ilan University, Israel (b) LISER, Esch-sur-Alzette, Luxembourg (c) Department of Economics, Andrew Young School of Policy Studies, Georgia State University, Atlanta, United States |
| Issued Date: | August 2016 |
| Keywords: | axiomatic approach, European Union, health achievement, ordinal information |
| JEL: | I14, I31 |
| Links: | PDF, HERMES-IR, RePEc |
