GINI Coefficient
Not what you're looking for?
Consider the following land distribution data for a developing country:
Holding size % Holdings % Holdings Area CUMUL
Less than 1 50 5 5
1-2 20 10 15
2-10 15 15 30
10-100 10 20 50
GT 100 5 50 100
a. Find the Gini coefficient
b. If ten percent of the land of the farms in the top 5% (measured by size) were transferred equally to the poorest 50% of farms, what happens to inequality?
Purchase this Solution
Solution Summary
GINI Coefficient is clearly identified.
Solution Preview
See the attached file. Thanks
"Consider the following land distribution data for a developing country:
a. Find the Gini coefficient
"
Holding Size % Holding Cumulative % Holding % Holding Area Cumulative % Holding Area
0 0 0.00% 0 0
Less than ...
Purchase this Solution
Free BrainMass Quizzes
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.