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Electricity consumption as a new indicator of inequality
Hunan Univ, Sch Econ & Trade, Changsha, Peoples R China..
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics. KVA, Beijer Inst, Stockholm, Sweden..ORCID iD: 0000-0001-6776-6535
Renmin Univ China, Sch Appl Econ, Beijing, Peoples R China..
2022 (English)In: Energy Research & Social Science, ISSN 2214-6296, E-ISSN 2214-6326, Vol. 90, article id 102677Article in journal (Refereed) Published
Abstract [en]

Inequality is a growing public concern and economic threat. The degree of which, however, varies greatly depending on the choice of indicators for measurement. In this paper, we compare the strength and weaknesses of the existing indicators such as income and wealth and propose a new measure of inequality based on household electricity consumption. We believe that our measure has the advantage of capturing both service flows and stock values of durables, embodying both the outcome and opportunity inequality, and confronting fewer measurement issues. The new inequality measure based on electricity consumption may complement the existing ones by providing a relatively complete and well-balanced picture of the overall welfare inequality.

Place, publisher, year, edition, pages
ELSEVIER Elsevier, 2022. Vol. 90, article id 102677
Keywords [en]
Inequality measure, Electricity consumption, Income inequality, Wealth inequality, Welfare
National Category
Economics
Identifiers
URN: urn:nbn:se:uu:diva-482702DOI: 10.1016/j.erss.2022.102677ISI: 000836428900008OAI: oai:DiVA.org:uu-482702DiVA, id: diva2:1691257
Available from: 2022-08-29 Created: 2022-08-29 Last updated: 2024-01-15Bibliographically approved

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Li, Chuan-Zhong

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