Socio-economic inequality: Relationship between Gini and Kolkata indices

Arnab Chatterjee; Asim Ghosh; Bikas K. Chakrabarti

doi:10.1016/j.physa.2016.09.027

Socio-economic inequality: Relationship between Gini and Kolkata indices

Arnab Chatterjee, Asim Ghosh^*, Bikas K. Chakrabarti

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Tutkimustuotos: Lehtiartikkeli › Article › Scientific › vertaisarvioitu

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Abstrakti

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.

Alkuperäiskieli	Englanti
Sivut	583-595
Sivumäärä	13
Julkaisu	Physica A: Statistical Mechanics and its Applications
Vuosikerta	466
DOI - pysyväislinkit	https://doi.org/10.1016/j.physa.2016.09.027
Tila	Julkaistu - 15 tammik. 2017
OKM-julkaisutyyppi	A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä

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10.1016/j.physa.2016.09.027

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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.",

keywords = "Data analysis, Inequality indices, Spatial inequality",

author = "Arnab Chatterjee and Asim Ghosh and Chakrabarti, {Bikas K.}",

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TY - JOUR

T1 - Socio-economic inequality

T2 - Relationship between Gini and Kolkata indices

AU - Chatterjee, Arnab

AU - Ghosh, Asim

AU - Chakrabarti, Bikas K.

PY - 2017/1/15

Y1 - 2017/1/15

N2 - 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.

AB - 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.

KW - Data analysis

KW - Inequality indices

KW - Spatial inequality

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U2 - 10.1016/j.physa.2016.09.027

DO - 10.1016/j.physa.2016.09.027

M3 - Article

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VL - 466

SP - 583

EP - 595

JO - Physica A: Statistical Mechanics and its Applications

JF - Physica A: Statistical Mechanics and its Applications

ER -

Socio-economic inequality: Relationship between Gini and Kolkata indices

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