An alternative single parameter functional form for Lorenz curve

被引：0
作者：
Satya Paul
Sriram Shankar
机构：
[1] Amrita University,Centre for Social Research and Methods, The Australian National University, Canberra, Australia & Center for Economics and Governance
[2] The Australian National University,Centre for Social Research and Methods & Research School of Economics
来源：
Empirical Economics | 2020年 / 59卷
关键词：
Gini coefficient; Lorenz curve; Parametric functional form; C80; D31;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
This paper proposes a single parameter functional form for the Lorenz curve and compares its performance with the existing single parameter functional forms using Australian income data for 10 years. The proposed parametric functional form performs better than the existing Lorenz functional specifications based on mean-squared error and information accuracy measure. The Gini based on the proposed functional form turns out to be second best closely behind Aggarwal’s Lorenz curve specification in each year.
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页码：1393 / 1402
页数：9
相关论文
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