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The Gini index, or Gini coefficient, is a summary measure of income inequality representing how income distribution varies compared with an equal outcome. States with the lowest Gini index figures ...
Income (or wealth) inequality is measured using the normalised Gini coefficient. The normalised Gini coefficient (unlike the traditional Gini coefficient) takes into account negative values in a ...
Gini coefficient: The most common measure of inequality is the ... Generalized Entropy Measures Among the most widely used are the Theil indexes and the mean log deviation measure. Both belong to the ...
South Africa remains one of the most unequal countries in the world. The country's per-capita expenditure Gini coefficient, a ...
The Gini coefficient--an index that measures income inequality on a scale ranging between 0 and 1--rose to 0.5700 based on initial income, or before distribution through taxation and social ...
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