Practical modified Gini index/ created by Miki Malul, Daniel Shapira and Amir Shoham

By:

Malul, Miki [author]

Contributor(s):

Material type: Text

TextSeries: Applied economics letters ; Volume 20, number 4New York: Taylor and Francis, 2013Content type:

text

Media type:

unmediated

Carrier type:

volume

ISSN:

13504851

Subject(s):

Inequality -- GINI index -- Government consumption

LOC classification:

HB1.A666 APP

Online resources:

Click here to access online

Abstract: The Gini index is the most common method for estimating the level of income inequality in countries. In this article, we suggest a simple modification that takes into account the moderating effect of in-kind government benefits. Unlike other studies that use micro-level data that are rarely available for many countries or over a period of time, the proposed Modified Gini (MGINI) index could be calculated using just the regularly available data for each country. Such data include the original Gini coefficient, government consumption expenditures, Gross Domestic Product (GDP) and total tax revenue as a percentage of GDP. This modified version of the Gini index allows us to calculate the level of inequality more precisely and make better comparisons between countries and over time.

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Item type	Current library	Call number	Vol info	Copy number	Status	Notes	Date due	Barcode
Journal Article	Main Library - Special Collections	HB1.A666 APP (Browse shelf(Opens below))	Vol. 20, no.4 (pages 324-327)	SP17976	Not for loan	For in house use only

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The Gini index is the most common method for estimating the level of income inequality in countries. In this article, we suggest a simple modification that takes into account the moderating effect of in-kind government benefits. Unlike other studies that use micro-level data that are rarely available for many countries or over a period of time, the proposed Modified Gini (MGINI) index could be calculated using just the regularly available data for each country. Such data include the original Gini coefficient, government consumption expenditures, Gross Domestic Product (GDP) and total tax revenue as a percentage of GDP. This modified version of the Gini index allows us to calculate the level of inequality more precisely and make better comparisons between countries and over time.

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