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An alternative functional form for estimating the Lorenz curve

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  • Rohde, Nicholas

Abstract

We propose a simple single parameter functional form for the Lorenz curve. The new specification is fitted to existing data sets and is shown to provide a better fit than existing single parameter Lorenz curves for the given data.

Suggested Citation

  • Rohde, Nicholas, 2009. "An alternative functional form for estimating the Lorenz curve," Economics Letters, Elsevier, vol. 105(1), pages 61-63, October.
  • Handle: RePEc:eee:ecolet:v:105:y:2009:i:1:p:61-63
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    References listed on IDEAS

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    Cited by:

    1. Satya Paul & Sriram Shankar, 2020. "An alternative single parameter functional form for Lorenz curve," Empirical Economics, Springer, vol. 59(3), pages 1393-1402, September.
    2. Enora Belz, 2019. "Estimating Inequality Measures from Quantile Data," Economics Working Paper Archive (University of Rennes 1 & University of Caen) 2019-09, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS.
    3. Khosravi Tanak, A. & Mohtashami Borzadaran, G.R. & Ahmadi, Jafar, 2018. "New functional forms of Lorenz curves by maximizing Tsallis entropy of income share function under the constraint on generalized Gini index," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 511(C), pages 280-288.
    4. Wang, ZuXiang & Smyth, Russell, 2015. "A piecewise method for estimating the Lorenz curve," Economics Letters, Elsevier, vol. 129(C), pages 45-48.
    5. Enora Belz, 2019. "Estimating Inequality Measures from Quantile Data," Working Papers halshs-02320110, HAL.
    6. Helene, Otaviano, 2010. "Fitting Lorenz curves," Economics Letters, Elsevier, vol. 108(2), pages 153-155, August.
    7. Miguel Sordo & Jorge Navarro & José Sarabia, 2014. "Distorted Lorenz curves: models and comparisons," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 42(4), pages 761-780, April.
    8. Liang Frank Shao & Melanie Krause, 2020. "Rising mean incomes for whom?," PLOS ONE, Public Library of Science, vol. 15(12), pages 1-20, December.
    9. Piet, Laurent, 2017. "Concentration of the agricultural production in the EU: the two sides of a coin," 2017 International Congress, August 28-September 1, 2017, Parma, Italy 261439, European Association of Agricultural Economists.
    10. Sarabia, José María & Prieto, Faustino & Jordá, Vanesa, 2015. "About the hyperbolic Lorenz curve," Economics Letters, Elsevier, vol. 136(C), pages 42-45.
    11. Kopp, Thomas & Dorn, Franziska, 2018. "Social equity and ecological sustainability: Can the two be achieved together?," Center for European, Governance and Economic Development Research Discussion Papers 357, University of Goettingen, Department of Economics.
    12. Melanie Krause, 2014. "Parametric Lorenz Curves and the Modality of the Income Density Function," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 60(4), pages 905-929, December.
    13. Wang, ZuXiang & Smyth, Russell, 2015. "A hybrid method for creating Lorenz curves," Economics Letters, Elsevier, vol. 133(C), pages 59-63.
    14. Laurent Piet & M Benoit & V Chatellier & K. Hervé Dakpo & N Delame & Yann Desjeux & P Dupraz & M Gillot & P Jeanneaux & C Laroche-Dupraz & A Ridier & E Samson & P Veysset & P Avril & C Beaudouin & S , 2020. "Hétérogénéité, déterminants et trajectoires du revenu des agriculteurs français," Working Papers hal-02877320, HAL.
    15. Sarabia, José María & Prieto, Faustino & Sarabia, María, 2010. "Revisiting a functional form for the Lorenz curve," Economics Letters, Elsevier, vol. 107(2), pages 249-252, May.
    16. Wang, Yuanjun & You, Shibing, 2016. "An alternative method for modeling the size distribution of top wealth," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 457(C), pages 443-453.
    17. Wang, Zheng-Xin & Zhang, Hai-Lun & Zheng, Hong-Hao, 2019. "Estimation of Lorenz curves based on dummy variable regression," Economics Letters, Elsevier, vol. 177(C), pages 69-75.
    18. Andrew C. Chang & Phillip Li & Shawn M. Martin, 2018. "Comparing cross‐country estimates of Lorenz curves using a Dirichlet distribution across estimators and datasets," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 33(3), pages 473-478, April.

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