Why We Should Use the Gini Coefficient to Assess Punctuated Equilibrium Theory
Constantin Kaplaner and
Yves Steinebach
Political Analysis, 2022, vol. 30, issue 3, 450-455
Abstract:
Punctuated Equilibrium Theory posits that policy-making is generally characterized by long periods of stability that are interrupted by short periods of fundamental policy change. The literature converged on the measure of kurtosis and L-kurtosis to assess these change patterns. In this letter, we critically discuss these measures and propose the Gini coefficient as a (1) comparable, but (2) more intuitive, and (3) more precise measure of “punctuated” change patterns.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:cup:polals:v:30:y:2022:i:3:p:450-455_8
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