Gini Inequality Index

Methods and Applications

Nitis Mukhopadhyay, Partha Pratim Sengupta, Nitis Mukhopadhyay, Partha Pratim Sengupta

• Publisher: Chapman and Hall/CRC
• Year: 2021
• Print ISBN: 9780367698690
• eBook ISBN: 9781000349184
• Edition: 1
• Topic: Economics
• Subtopic: Economic Theory
• Index: Economics

"Prof. Nitis Mukhopadhyay and Prof. Partha Pratim Sengupta, who edited this volume with great attention and rigor, have certainly carried out noteworthy activities." - Giovanni Maria Giorgi, University of Rome (Sapienza)

"This book is an important contribution to the development of indices of disparity and dissatisfaction in the age of globalization and social strife." - Shelemyahu Zacks, SUNY-Binghamton

"It will not be an overstatement when I say that the famous income inequality index or wealth inequality index, which is most widely accepted across the globe is named after Corrado Gini (1984-1965). ... I take this opportunity to heartily applaud the two co-editors for spending their valuable time and energy in putting together a wonderful collection of papers written by the acclaimed researchers on selected topics of interest today. I am very impressed, and I believe so will be its readers." - K.V. Mardia, University of Leeds

Gini coefficient or Gini index was originally defined as a standardized measure of statistical dispersion intended to understand an income distribution. It has evolved into quantifying inequity in all kinds of distributions of wealth, gender parity, access to education and health services, environmental policies, and numerous other attributes of importance. Gini Inequality Index: Methods and Applications features original high-quality peer-reviewed chapters prepared by internationally acclaimed researchers. They provide innovative methodologies whether quantitative or qualitative, covering welfare economics, development economics, optimization/non-optimization, econometrics, air quality, statistical learning, inference, sample size determination, big data science, and some heuristics.

Never before has such a wide dimension of leading research inspired by Gini's works and their applicability been collected in one edited volume. The volume also showcases modern approaches to the research of a number of very talented and upcoming younger contributors and collaborators. This feature will give readers a window with a distinct view of what emerging research in this field may entail in the near future.

Table of contents

• Cover
• Half Title
• Title Page
• Copyright Page
• Dedication
• Contents
• Foreword: Giovanni Maria Giorgi
• Foreword: Shelemyahu Zacks
• Foreword: Kanti V. Mardia
• Preface
• Contributors
• 1 Introducing Informal Inequality Measures (IIMs) Constructed from U-statistics of Degree Three or Higher in Analyzing Economic Disparity
• 2 The Decomposition of the Gini Index Between and Within Groups: A Key Factor in Gender Studies An Application in the Context of Salary Distribution in Spain
• 3 A Note on the Decomposition of Health Inequality by Population Subgroups in the Case of Ordinal Variables
• 4 The Gini Index Decomposition and Overlapping Between Population Subgroups
• 5 Gini’s Mean Difference-Based Minimum Risk Point Estimator of Mean
• 6 The Gini Concentration Index for the Study of Survival
• 7 An Axiomatic Analysis of Generalized Gini Air Quality Indices
• 8 Sequential Confidence Set and Point Estimation of the Population Gini Index by Controlling Accuracies Relative to the Population Mean
• 9 A Test on Correlation Based on Gini’s Mean Difference
• 10 Segregation Measures for Different Forms of Categorical Data: Reinterpretation and Proposal
• 11 Exploring Fixed-Accuracy Estimation for Population Gini Inequality Index Under Big Data: A Passage to Practical Distribution-Free Strategies
• Index