European Academic Research ISSN 2286-4822
ISSN-L 2286-4822
Impact Factor: 3.4546 (UIF)
DRJI Value : 5.9 (B+)
Article Details :
Article Name :
Lorenz Curve and Gini Coefficient in Right Truncated Pareto’s Income Distribution
Author Name :
Ehtesham Hussain, Muhammad Ahsanuddin, Masood ul Haq
Publisher :
Bridge Center
Article URL :
Abstract :
Gini’s coefficient of concentration has been studied extensively for the study of dispersion of the variable. Geometrically, it is related to the area enclosed by the Lorenz Curve and the Distribution function of the uniform distribution. The study of the Lorenz Curve for some symmetric and some skewed distributions has been done algebraically and graphically. The distribution which has been selected is Right Truncated Pareto’s Income Distribution. The Gini’s Index has been obtained by calculating the relevant area for different parameters.
Keywords :
Lorenz Curve, Gini Coefficient, Right Truncated Pareto’s Income Distribution

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