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ERIC Number: EJ787817
Record Type: Journal
Publication Date: 2008
Pages: 10
Abstractor: Author
Reference Count: 14
ISSN: ISSN-0022-0485
A Simple Geometric Approach to Approximating the Gini Coefficient
Kasper, Hirschel; Golden, John
Journal of Economic Education, v39 n1 p68-77 Win 2008
The author shows how a quick approximation of the Lorenz curve's Gini coefficient can be calculated empirically using numerical data presented in cumulative income quintiles. When the technique here was used to estimate 621 income quintile/Gini coefficient observations from the Deninger and Squire/World Bank data set, this approach performed better than a popular alternative, the trapezoidal rule. (Contains 2 figures, 1 table and 11 notes.)
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A