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More tricks with the lorenz curve

Author

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  • Sreenivasan Subramanian

    (ICSSR National Fellow, affiliated to Madras Institute of Development Studies)

Abstract

The present note is an elementary essay on how one may manipulate the Lorenz curve with a view to obtaining a couple of simple variants of the Gini coefficient of inequality, one of which is anti transfer-sensitive and the other pro transfer-sensitive, and which together, in convex combination, yield up the transfer-neutral Gini coefficient. The emphasis throughout is on the practical concerns of exposition, intuitive plausibility, and the advancement of easily comprehended and readily usable measures of inequality.

Suggested Citation

  • Sreenivasan Subramanian, 2015. "More tricks with the lorenz curve," Economics Bulletin, AccessEcon, vol. 35(1), pages 580-589.
    • Handle: RePEc:ebl:ecbull:eb-15-00105
    as

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    File URL: http://www.accessecon.com/Pubs/EB/2015/Volume35/EB-15-V35-I1-P62.pdf
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    References listed on IDEAS

    as
    1. Rolf Aaberge, 2009. "Ranking intersecting Lorenz curves," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 33(2), pages 235-259, August.
    2. Kolm, Serge-Christophe, 1976. "Unequal inequalities. II," Journal of Economic Theory, Elsevier, vol. 13(1), pages 82-111, August.
    3. C. Seidl & Patrick Moyes & A. F. Shorrocks, 2002. "Inequalities: Theory, experiments and applications," Post-Print hal-00157353, HAL.
    4. Claudio Zoli, 2002. "Inverse stochastic dominance, inequality measurement and Gini indices," Journal of Economics, Springer, vol. 9(1), pages 119-161, December.
    5. Kolm, Serge-Christophe, 1976. "Unequal inequalities. I," Journal of Economic Theory, Elsevier, vol. 12(3), pages 416-442, June.
    6. Luisa Tibiletti & S. Subramanian, 2015. "Inequality Aversion and the Extended Gini in the Light of a Two-person Cake-sharing Problem," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 16(2), pages 237-244, May.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. I. Josa & A. Aguado, 2020. "Measuring Unidimensional Inequality: Practical Framework for the Choice of an Appropriate Measure," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 149(2), pages 541-570, June.
    2. Lars Osberg, 2017. "On the Limitations of Some Current Usages of the Gini Index," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 63(3), pages 574-584, September.
    3. Sreenivasan Subramanian, 2019. "Further tricks with the Lorenz curve," Economics Bulletin, AccessEcon, vol. 39(3), pages 1677-1686.
    4. Majumder, Amlan, 2015. "An alternative measure of economic inequality under the Lorenz curve framework in analogue to the index of refraction of geometrical optics," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 35(2), pages 1076-1086.
    5. Masato Okamoto, 2022. "Level-adjusted S-Gini index and its complementary index as a pair of sensitivity-adjustable inequality measures," Economics Bulletin, AccessEcon, vol. 42(1), pages 1-16.
    6. Amlan Majumder, 2015. "An alternative measure of economic inequality under the Lorenz curve framework in analogue to the index of refraction of geometrical optics," Economics Bulletin, AccessEcon, vol. 35(2), pages 1076-1086.

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    More about this item

    Keywords

    Lorenz curve; Gini coefficient; transfer-neutrality; anti transfer-sensitivity; pro transfer-sensitivity; dominance;
    All these keywords.

    JEL classification:

    • D3 - Microeconomics - - Distribution
    • D6 - Microeconomics - - Welfare Economics

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