Extended gini indices of inequality
The Gini index (i.e. the Gini coefficient) is a statistical measure of distribution, developed by Corrado Gini in 1912. In an economic context it is commonly used as an index of economic inequality that measures income or wealth distribution among the population. A suitable modification of the Gini coefficient allows the Lorenz quasi-ordering to coincide with the ranking generated by the application of unanimity over the class of extended Gini indices. GINI index (World Bank estimate) World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. For more information and methodology, please see PovcalNet Income inequality among individuals is measured here by five indicators. The Gini coefficient is based on the comparison of cumulative proportions of the population against cumulative proportions of income they receive, and it ranges between 0 in the case of perfect equality and 1 in the case of perfect inequality. conindex computes a range of rank-dependent inequality indices, including the Gini coefficient, the concentration index, the generalized (Gini) concentration index, the modified concentration index, the Wagstaff and Erreygers normalised concentration indices for bounded variables, and the distributionally sensitive extended and symmetric
The Gini index (i.e. the Gini coefficient) is a statistical measure of distribution, developed by Corrado Gini in 1912. In an economic context it is commonly used as an index of economic inequality that measures income or wealth distribution among the population.
The Gini Index assigns income inequality a value ranging from 0 to 1, which reflects the nature of income distribution in a given region. A value of zero indicates perfect equality, indicating that all households in an area have the same income, while a value of one indicates perfect inequality, denoting that only one household earns all the income in an area, with all other households having no income. Nonetheless, a very useful and widespread metric is the Gini coefficientGini CoefficientThe Gini coefficient (Gini index or Gini ratio) is a statistical measure of economic inequality in of a population. The properties of the extended Gini measur es of variability and inequality 403 indices are based on the area enclosed between the diagonal and the Lorenz curve. Decomposes by population subgroups the extended Gini coefficient of inequality within a vector.
characteristics and the link with another popular graphical tool of representing inequality, the Lorenz Curve. Extended version of the Gini Index with different.
For more details on the properties of the different indices of inequality see Anand. (1997). A generalization of the Gini coefficient, called the extended Gini average Gini index across all countries has evolved. inequality trends painted by the Gini coefficient, and as derived from By extension, inequality metrics. 2 Aug 2013 In this paper, we propose a simple estimator of Gini index based on U-statistics. Introduction. The celebrated Gini index is a widely used indicator of income inequality The first term in the equation (9) can be expanded as. 6.2 Inequality indices for mixtures of distributions . Gini index and provides a good approximation method. His results are extended for the poverty index of Sen 17 Nov 2006 Therefore, the Gini index is extended and assisted by model‐based clustering to measure class inequality, thereby realizing its great potential 10 Dec 2002 Although measures of inequality are increasingly used to compare nations valid inferences about inequality using in- Gini index, see Gastwirth (1975). be viewed as a refinement and extension of the polit spective we may
17 Nov 2006 Therefore, the Gini index is extended and assisted by model‐based clustering to measure class inequality, thereby realizing its great potential
An extended Gini approach to inequality measurement An extended Gini approach to inequality measurement Moyes, Patrick 2007-02-13 00:00:00 It is well-known that, when the Lorenz curves do not cross, the ranking of distributions provided by the Gini index is identical to the one implied by the Lorenz criterion. This does not preclude inequality as measured by the Gini index to increase while The Gini index (i.e. the Gini coefficient) is a statistical measure of distribution, developed by Corrado Gini in 1912. In an economic context it is commonly used as an index of economic inequality that measures income or wealth distribution among the population. A suitable modification of the Gini coefficient allows the Lorenz quasi-ordering to coincide with the ranking generated by the application of unanimity over the class of extended Gini indices. GINI index (World Bank estimate) World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. For more information and methodology, please see PovcalNet Income inequality among individuals is measured here by five indicators. The Gini coefficient is based on the comparison of cumulative proportions of the population against cumulative proportions of income they receive, and it ranges between 0 in the case of perfect equality and 1 in the case of perfect inequality.
The Gini coefficient is a single number aimed at measuring the degree of inequality in a distribution. It is most often used in economics to measure how far a country's wealth or income distribution deviates from a totally equal distribution.
Parameter specifying the extended Gini index (must be strictly positive). When ELMO is TRUE , a "maximum" between-group inequality index is estimated The underlying idea behind the construction of indices of economic inequality is based on measuring deviations EXTENDED GINI INDICES OF INEQUALITY.
In economics, the Gini coefficient sometimes called the Gini index or Gini ratio, is a measure of The Gini coefficient was proposed by Gini as a measure of inequality of income or wealth. increased divorce rates, extended family households splitting into nuclear families, emigration, immigration) and income mobility. Gini EXTENDED GINI INDICES OF INEQUALITY*. BY SATYA R. CHAKRAVARTY'. 1. INTRODUCTION. The Gini coefficient is a relative index of inequality, scaling The Gini coefficient is a popular and widely used index for measuring inequality. It can be presented geometrically by the Lorenz curve but unlike Atkinson's index characteristics and the link with another popular graphical tool of representing inequality, the Lorenz Curve. Extended version of the Gini Index with different. 24 Jan 2018 Like the family of Atkinson indices, they produce a family of inequality The extended Gini index can be written as a covariance between the