Essays Tagged: "Gini coefficient"
Income distribution
ution by effective policies.This paper will focus on the following areas:InequalityLorenz curve and Gini coefficient.The Kuznets HypothesisEmpirical evidence for the inverted-U hypothesis:Policy can p ... different countries, particularly, the advanced and less advanced of the world.2. Lorenz curve and Gini coefficient.In order to measure inequality, two common methods are adopted: Lorenz curve and Gi ...
Subjects: Businesss Research Papers > Management
Inequality in the distribution of income within the Free Market- disadvantaged groups, relative poverty.
with many techniques, the most well-known of which being Percentile Distribution, the Lorenz Curve, Gini Coefficient, Standard Deviation of Income, and the Relative Poverty Line. We usually measure ab ... here a society's total income is ordered according to income level and the cumulative total graphed.Gini coefficient: summary statistic used to quantify the extent of income inequality depicted in a p ...
Subjects: Social Science Essays > Economics
Economics of Labour Assignment
r factors, namely income distribution, productivity, prices and employment levels. In Australia the Gini coefficient is a popular measure of income inequality and so distribution. It is an index rangi ... ex ranging from 0 (perfect equality) to 1 (perfect inequality). For 2003-2004 Australia presented a Gini coefficient of 0.352 (taken from United Nations human development report) along with countries ...
Subjects: Social Science Essays > Economics
Implication of globalisation on social policy
e Denmark, Netherlands, Italy etc. rose only modestly, or even decrease. In U.K and USA increase of Gini Coefficient remains as the highest, close to 8%. According to IMF trends in income inequality a ... , including Denmark, France and the Netherlands, saw some further decline.Table 3: Change in Income Gini Coefficient (%)Source: http://www.imf.org/external/pubs/ft/wp/2007/wp07169.pdfThe impact of glo ...
Subjects: Social Science Essays > Economics
Chile: Growth, Development, & Inequalities
s of GDP per capita, but it also has the highest level of income inequality which, according to the Gini coefficient, was 0.549 at the end of 2007. While Chile was a democracy prior to the military co ... rich and the poor are better due to the country's economic growth. The following table presents the Gini coefficients for Chile and Latin America, where a low Gini coefficient suggests more equal inco ...
Subjects: Social Science Essays > Economics
Outline and compare the way Australia and China deals with economic problems and issues.
come inequality. China is one of the countries in the world that has the most unequal distribution. GINI index measures the extent to which the distribution of income among individuals or households w ... equal distribution 1 being perfectly equal and 100 being maximal inequality. (The World Bank, Data, GINI index) China's GINI index for the distribution of family income is 48 (CIA, The World Factbook, ...
Subjects: Businesss Research Papers > Case Studies