Year: 2024
Type: article
Abstract: This research paper delves into the Gini Coefficient, a widely used statistical measure of income inequality. We assess the accuracy and reliability of this tool by examining its strengths, such as its simplicity and applicability across countries, alongside its limitations, including sensitivity to data variations and contextual differences. The paper explores how the Gini Coefficient is utilized in economics and policy analysis, providing a balanced view of its advantages and drawbacks, ultimately evaluating its effectiveness in capturing the complexities of income distribution.
Author: Aditya Gupta -
Language: English
Subfield: Sociology and Political Science
Field: Social Sciences
Domain: Social Sciences
SDG: Reduced inequalities
Open Access status: hybrid
OpenAlex ID: W4402785874