A Comparison of Alternative Functional Forms For Parametric Estimation of the Lorenz Curve

Kwang Soo Cheong ()

No 199902, Working Papers from University of Hawaii at Manoa, Department of Economics

Abstract: Using U.S. income data, we evaluate several functional forms for the Lorenz curve. On the basis of the goodness of fit, estimated income shares and Gini coefficients, the form proposed by Kakwani (1980) is found to be overall superior to the other forms.

Keywords: Income inequality; the Lorenz curve and the Gini coeffcient (search for similar items in EconPapers)
JEL-codes: D31 D63 (search for similar items in EconPapers)
Pages: 18 pages
Date: 1999
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Citations: View citations in EconPapers (1)

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