1990•International Journal of Mathematical Education in Science and TechnologyRequires access

Measuring economic inequality using the Lorenz curve

Margaret M. Street, Derald Dee Walling

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Abstract

The Gini Coefficient is a widely used index for measuring economic inequality [1‐5] as defined by a Lorenz curve. This paper illustrates an analytical approach to measuring economic inequality. This approach bypasses certain problems associated with the use of the Gini and affords the researcher the opportunity to more carefully define the differences between two populations.

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What this paper is about

The Gini Coefficient is a widely used index for measuring economic inequality [1‐5] as defined by a Lorenz curve. This paper illustrates an analytical approach to measuring economic inequality. This approach bypasses certain problems associated with the use of the Gini and affords the researcher the opportunity to more carefully define the differences between two populations.

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Available abstract

The Gini Coefficient is a widely used index for measuring economic inequality [1‐5] as defined by a Lorenz curve. This paper illustrates an analytical approach to measuring economic inequality. This approach bypasses certain problems associated with the use of the Gini and affords the researcher the opportunity to more carefully define the differences between two populations.

Key concepts: Lorenz curve, Gini coefficient, Inequality, Econometrics, Index (typography), Mathematics, Economics, Economic inequality

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