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Applications of Lorenz Curves in Economic Analysis
N. C. Kakwani
Vol. 45, No. 3 (Apr., 1977), pp. 719-728
Published by: The Econometric Society
Stable URL: http://www.jstor.org/stable/1911684
Page Count: 9
You can always find the topics here!Topics: Income inequality, Lorenz curve, Taxes, Gini index, Income distribution, Average tax rate, Economic analysis, Economic theory, Commodities, Size distribution of income
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The Lorenz curve is widely used as a convenient graphical device to represent the size distribution of income and wealth. In the present paper the concept of the Lorenz curve has been extended and generalized to study the relationships among the distributions of different economic variables. Some theorems have been proved which have a large number of economic applications.
Econometrica © 1977 The Econometric Society