Abstract
Socio-economic inequality is characterized from data using various indices. The Gini (g) index, giving the overall inequality is the most common one, while the recently introduced Kolkata (k) index gives a measure of 1−k fraction of population who possess top k fraction of wealth in the society. Here, we show the relationship between the two indices, using both empirical data and analytical estimates. The significance of their relationship has been discussed.
| Original language | English |
|---|---|
| Pages (from-to) | 583-595 |
| Number of pages | 13 |
| Journal | Physica A: Statistical Mechanics and its Applications |
| Volume | 466 |
| DOIs | |
| Publication status | Published - 15 Jan 2017 |
| MoE publication type | A1 Journal article-refereed |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 10 Reduced Inequalities
Keywords
- Data analysis
- Inequality indices
- Spatial inequality
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