IDEAS home Printed from https://ideas.repec.org/a/rau/jisomg/v2y2008i1p279-288.html
   My bibliography  Save this article

Review Of Inequality Metrics With Application In Income Inequality In Louisiana

Author

Listed:
  • Mihaela Paun

    (Louisiana Tech University)

Abstract

Economic data sets usually are, by their nature, very large and therefore researchers naturally want to analyze the distribution of the data set and make statistical inference about various parameters of interest, such as means, medians, variances, etc. To perform such tasks several incomes metrics or indices are generally used. Among the metrics widely used, we will consider in this paper only three: Lorenz curve, the the so-called S-Gini index and the Atkinson index. We also consider a general index of economic inequality that covers a number of indices, including the aforementioned S-Gini and Atkinson indices.

Suggested Citation

  • Mihaela Paun, 2008. "Review Of Inequality Metrics With Application In Income Inequality In Louisiana," Journal of Information Systems & Operations Management, Romanian-American University, vol. 2(1), pages 279-288, July.
    • Handle: RePEc:rau:jisomg:v:2:y:2008:i:1:p:279-288
    as

    Download full text from publisher

    File URL: http://www.rebe.rau.ro/RePEc/rau/jisomg/SU08/JISOM-SU08-A26.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Gastwirth, Joseph L, 1972. "The Estimation of the Lorenz Curve and Gini Index," The Review of Economics and Statistics, MIT Press, vol. 54(3), pages 306-316, August.
    2. Atkinson, Anthony B., 1970. "On the measurement of inequality," Journal of Economic Theory, Elsevier, vol. 2(3), pages 244-263, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Juan Luo & Bao-zhen Li, 2022. "Impact of Digital Financial Inclusion on Consumption Inequality in China," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 163(2), pages 529-553, September.
    2. Daranrat Jaitiang & Wen-Chi Huang & Shang-Ho Yang, 2021. "Does Income Inequality Exist among Urban Farmers? A Demonstration of Lorenz Curves from Northern Thailand," Sustainability, MDPI, vol. 13(9), pages 1-16, May.
    3. Ochnio Luiza & Rokicki Tomasz & Koszela Grzegorz & Klepacki Bogdan, 2019. "Diversification of Lamb Meat Imports in EU Countries and its Trends," Econometrics. Advances in Applied Data Analysis, Sciendo, vol. 23(4), pages 96-111, December.
    4. Giorgio Di Maio & Paolo Landoni, 2015. "Beyond the Gini index: Measuring inequality with the Balance of Inequality index," a/ Working Papers Series 1506, Italian Association for the Study of Economic Asymmetries, Rome (Italy).
    5. Bogdan Oancea & Dan Pirjol, 2019. "Extremal properties of the Theil and Gini measures of inequality," Quality & Quantity: International Journal of Methodology, Springer, vol. 53(2), pages 859-869, March.
    6. Czeslaw Domański & Alina Jedrzejczak, 2002. "Income inequality analysis in the period of economic transformation in poland," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 8(3), pages 215-220, August.
    7. Bouvier, Rachel, 2014. "Distribution of income and toxic emissions in Maine, United States: Inequality in two dimensions," Ecological Economics, Elsevier, vol. 102(C), pages 39-47.
    8. Boisvert, Richard N. & Ranney, Christine K., 1991. "The Budgetary Implications of Reducing U.S. Income Inequality Through Income Transfer Programs," Research Bulletins 123104, Cornell University, Department of Applied Economics and Management.
    9. Michael C. Lovell, 1999. "Inequality Within and Among Nations," Journal of Income Distribution, Ad libros publications inc., vol. 8(1), pages 1-1, June.
    10. Alfred Ultsch & Jörn Lötsch, 2017. "A data science based standardized Gini index as a Lorenz dominance preserving measure of the inequality of distributions," PLOS ONE, Public Library of Science, vol. 12(8), pages 1-15, August.
    11. Mihaela Paun, 2008. "Review Of Inequality Metrics With Application In Income Inequality In Louisiana," Romanian Economic Business Review, Romanian-American University, vol. 3(3), pages 82-88, September.
    12. Pinkovskiy, Maxim L., 2013. "World welfare is rising: Estimation using nonparametric bounds on welfare measures," Journal of Public Economics, Elsevier, vol. 97(C), pages 176-195.
    13. Louis Mesnard, 2022. "About some difficulties with the functional forms of Lorenz curves," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 20(4), pages 939-950, December.
    14. Stéphane Mussard, 2006. "La décomposition des mesures d’inégalité en sources de revenu : l’indice de Gini et les généralisations," Cahiers de recherche 06-05, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
    15. David Murray, 1981. "The Inequality of Household Incomes in Australia," The Economic Record, The Economic Society of Australia, vol. 57(1), pages 12-22, March.
    16. López-García, Hortensia & López-Díaz, Miguel & Gil, María Angeles, 2000. "Interval-valued quantification of the inequality associated with a random set," Statistics & Probability Letters, Elsevier, vol. 46(2), pages 149-159, January.
    17. Gholamreza Hajargasht & William E. Griffiths, 2016. "Inference for Lorenz Curves," Department of Economics - Working Papers Series 2022, The University of Melbourne.
    18. Yang Wei & Zhouping Li & Yunqiu Dai, 2022. "Unified smoothed jackknife empirical likelihood tests for comparing income inequality indices," Statistical Papers, Springer, vol. 63(5), pages 1415-1475, October.
    19. Oihana Aristondo & JosŽ Luis Garc’a-Lapresta & Casilda Lasso de la Vega & Ricardo Alberto Marques Pereira, 2012. "Classical inequality indices, welfare functions, and the dual decomposition," DISA Working Papers 2012/06, Department of Computer and Management Sciences, University of Trento, Italy, revised Jun 2012.
    20. Malghan, Deepak, 2010. "On the relationship between scale, allocation, and distribution," Ecological Economics, Elsevier, vol. 69(11), pages 2261-2270, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rau:jisomg:v:2:y:2008:i:1:p:279-288. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alex Tabusca (email available below). General contact details of provider: https://edirc.repec.org/data/firauro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.