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FITTING A ONE INDEX-PARAMETER LORENZ CURVE MODEL TO MEXICO STATEWIDE DATA
Keywords:
inequality measurement, inequality indices, Gini index, Lorenz curve, income data.DOI:
https://doi.org/10.17654/0972361724019Abstract
A functional form for modeling the Lorenz curve is fitted to Mexico state income data. The model considered in this work is a one parameter model whose parameter is in itself an equality/inequality index. It is also shown that the index is closely related to Gini’s inequality index.
Received: November 5, 2023
Accepted: December 7, 2023
References
J. M. Henle, N. J. Horton and S. J. Jakus, Modelling inequality with a single parameter, D. Chotikapanich, ed., Modeling Income Distributions and Lorenz Curves, Economic Studies in Equality, Social Exclusion and Well-being, Springer, New York, NY, Vol. 5, 2008. doi: 10.1007/978-0-387-72796-7_14.
J. M. Sarabia, E. Castillo and D. J. Slottje, An ordered family of Lorenz curves, J. Econometrics 91 (1999), 43-60.
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