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A New Interpretation and Derivation of the Gini Coefficient

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Authors
Cheong, KwangSoo
Issue Date
2000
Publisher
Seoul Journal of Economics
Citation
Seoul Journal of Economics 13 (No. 4 2000): 391-406
Keywords
income inequalityGini CoefficientLorenz curve
Abstract
We show that the Gini coefficient is a simple linear transformation of the center of gravity of income distribution. The new derivation and inequality decomposition methods are applied to income data for Korea in order to analyze the distributional impact of the recent economic crisis. We also discuss the potential benefits of using additional higher moments of the relative income rankings.
ISSN
1225-0279
Language
English
URI
http://hdl.handle.net/10371/1214
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College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of EconomicsSeoul Journal of Economics vol.13(4) (Winter 2000)
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