Estimation of agricultural resource inequality in India using Lorenz curve and Gini coefficient approach
Melkamu Mada, Richard Kwasi Bannor
Abstract
Melkamu Mada, Richard Kwasi Bannor
Abstract
This study explored inequality of agricultural resources among states in India using the Lorenz curve and Gini coefficient. The shape of the Lorenz Curve shows inequality in operational holding, livestock population, irrigation and per capital income at current prices (20122013) among states in the country. Irrigation inequality was highest with Gini-coefficient value of 0.66 followed by 0.6 for agricultural landholding size. Livestock inequality had a value of 0.54 whereas per capita income at current prices (20122013) reported the least inequality among states with a Gin coefficient value of 0.2.
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This study explored inequality of agricultural resources among states in India using the Lorenz curve and Gini coefficient. The shape of the Lorenz Curve shows inequality in operational holding, livestock population, irrigation and per capital income at current prices (20122013) among states in the country. Irrigation inequality was highest with Gini-coefficient value of 0.66 followed by 0.6 for agricultural landholding size. Livestock inequality had a value of 0.54 whereas per capita income at current prices (20122013) reported the least inequality among states with a Gin coefficient value of 0.2.
Key concepts: Lorenz curve, Gini coefficient, Inequality, Economics, Econometrics, Economic inequality, Agriculture, Per capita