Study on the Computing of Gini Coefficient and Its Applications
LI Cong-rui
Abstract
LI Cong-rui
Abstract
Aiming at the enlargement of the difference of income distribution among people,this paper is contributed to study and discuss Gini coefficient,which is one of the most efficient indexes and methods to measure income inequality.The paper systematically introduces Gini's familiar algorithm,and applies it to the measurement of the income inequality among city dwellers and to the measurement between cities and countries.Finally the data results are analyzed.
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Aiming at the enlargement of the difference of income distribution among people,this paper is contributed to study and discuss Gini coefficient,which is one of the most efficient indexes and methods to measure income inequality.The paper systematically introduces Gini's familiar algorithm,and applies it to the measurement of the income inequality among city dwellers and to the measurement between cities and countries.Finally the data results are analyzed.
Key concepts: Gini coefficient, Inequality, Econometrics, Measure (data warehouse), Economic inequality, Income distribution, Distribution (mathematics), Economics