Chatterjee, Arnab ; Ghosh, Asim ; Chakrabarti, Bikas K. (2017) Socio-economic inequality: Relationship between Gini and Kolkata indices Physica A: Statistical Mechanics and its Applications, 466 . pp. 583-595. ISSN 03784371
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Official URL: http://doi.org/10.1016/j.physa.2016.09.027
Related URL: http://dx.doi.org/10.1016/j.physa.2016.09.027
Abstract
Socio-economic inequality is characterized from data using various indices. The Gini () index, giving the overall inequality is the most common one, while the recently introduced Kolkata () index gives a measure of fraction of population who possess top 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.
Item Type: | Article |
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Source: | Copyright of this article belongs to Elsevier B.V |
Keywords: | Spatial inequality;Inequality indices;Data analysis |
ID Code: | 128802 |
Deposited On: | 03 Nov 2022 10:13 |
Last Modified: | 03 Nov 2022 10:13 |
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