Naslov
The Palma ratio and the Gini coefficient in measuring inequality of households’ income in selected European countries

Autori
Dumičić, Ksenija ; Akalović Antić, Josipa

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Proceedings of the ISCCRO - International Statistical Conference in Croatia - Zagreb, Croatia, 05-06 May 2016 ; Conference Topic: „New Challenges of Official and Applied Statistics in European Union“ / Ksenija Dumičić ; Nataša Erjavec ; Mirjana Pejić Bach - Zagreb : Hrvatsko statističko društvo, 2016, 174-182

Skup
ISCCRO'16 - The First International Statistical Conference in Croatia, - Zagreb, Croatia, 05-06 May 2016 ; Conference Topic: „New Challenges of Official and Applied Statistics in European Union“

Mjesto i datum
Zagreb, Hrvatska, 05.05.2016. - 06.05.2016

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Gini coefficient ; households’ income ; measures of inequality ; Palma inequality ratio.

Sažetak
The aim of the paper is to study the households’ income concentration using the Palma, an inequality measure introduced by Chilean economist Gabriel Palma, here calculated for the households’ income in selected European countries. The World Bank data for 2004 and 2010 were analysed for eleven countries. The highest value of the Palma was in 2010 in the R. of Macedonia (2.34), meaning that the upper 10% of households had 2.34 times (or 134%) more income than the lower 40%. In the same time, Scandinavian countries had the Palma measure mostly below 1.00. In the period from 2004 to 2010, Croatia, Denmark, The R. of Macedonia and United Kingdom showed an increase, and Finland, Germany, Hungary, Italy, Serbia and Slovenia showed a decrease of the Palma measure of inequality. Because of stability of the “middle” 50% share of income across studied countries, in the future, if differences among “the richest” (the top 10%) and “the poorest”(the bottom 40%) would increase, the Palma, being more intuitive, would show it better than the Gini coefficient. Thus, the authors recommend complementing the Gini with the Palma inequality ratio.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

Napomena
Sažetak ovoga rada objavljen je u Book of Abstracts of the ISCCRO - International Statistical Conference in Croatia - Zagreb, Croatia, 05-06 May 2016 ; Conference Topic: „New Challenges of Official and Applied Statistics in European Union“, Vol. 1, No. 1. Chief Editors: Ksenija Dumičić ; Nataša Erjavec ; Mirjana Pejić Bach. Croatian Statistical Association Zagreb, 2016. ISSN: 1849-9864. p. 56.

POVEZANOST RADA