Measuring Distribution of Wealth in Zambia Using Census Micro Data: An Application of Principal Component Analysis
Census data for Zambia was used to estimate the distribution of wealth in Zambia by constructing the Wealth Index as a measure of socioeconomic status using Principal Component Analysis. The reliability of the index is observed from three fronts; coherence, robustness and validity in representing h...
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| Format: | Article |
| Language: | English |
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EconJournals
2023-05-01
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| Series: | International Journal of Economics and Financial Issues |
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| Online Access: | https://econjournals.com/index.php/ijefi/article/view/14301 |