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GINI COEFFICIENT
Developed by Italian statistician Corrodo Gini to provide a mathematical expression of the degree of concentration of wealth or income. While it has been criticized over the years it continues to be used by social scientists describing inequality or comparing inequality among nations. A Gini coefficent of approximately 0.400 is normal for most developed economies. For a fuller grasp of how the coefficient is determined see Lorenz curve. See: LORENZ CURVE / .

Last updated 2002--0-9-

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Athabaca University ICAAP

© Robert Drislane, Ph.D. and Gary Parkinson, Ph.D.
The online version of this dictionary is a product of
Athabasca University and
ICAAP

*This social science dictionary has 1000
entries covering the disciplines of sociology, criminology, political
science and women's study with a commitment to Canadian examples and
events and names