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Authors
Affiliations
1 Department of Economics, University of North Bengal, Raja Rammohunpur, DT. Darjeeling 734013, West Bengal, IN
2 Kansai University, 3-3-35, Yamate-cho, Suita-shi, Osaka 564-8680, JP
Source
Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 62, No 3 (2020), Pagination: 219-224
Abstract
Although there has been a revolution in the computational methodology of Gini coefficient towards simpler formulations and easy computation procedure with the application of software, this paper presents a far simpler working formula of the same and consequently some software command syntaxes. The key component of the formula is now just a product of income-rank-based weight and income. The method will enable researchers, who work with a large number of observations, to compute the index and add it as a variable in the same working data file with ease.
References
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