The Similarity between the Square of the Coefficient of Variation and the Gini Index of a General Random Variable

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Main Author: Luis González Abril
Format: Artículo científico
Language:en
Published: Universidad Pablo de Olavide 2010
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author Luis González Abril
author_facet Luis González Abril
contents The Similarity between the Square of the Coefficient of Variation and the Gini Index of a General Random Variable Luis González Abril Francisco Velasco Morente José Manuel Gavilán Ruiz Luis María Sánchez-Reyes Fernández Economía y Finanzas Lorenz curve mean difference Concentration measures cumulative distribution function In this paper, several identities concerning expectation, variance, covariance, cumulative distribution functions, the coefficient of variation, and the Lorenz curve are obtained and they are used in establishing theoretical results. Furthermore, a graphical representation of the variance is proposed which, together with the aforementioned identities, enables the square of the coefficient of variation to be considered as an equality measure in the same way as is the Gini index. A study of the similarities between the theoretical expression of the Gini index and the square of the coefficient of variation is also carried out in this paper. 2010 artículo científico 1886-516X https://www.redalyc.org/articulo.oa?id=233116358002 en http://www.redalyc.org/revista.oa?id=2331 Revista de Métodos Cuantitativos para la Economía y la Empresa application/pdf Universidad Pablo de Olavide Revista de Métodos Cuantitativos para la Economía y la Empresa (España) Vol.10
format Artículo científico
id redalyc_233116358002
institution Redalyc
language en
publishDate 2010
publisher Universidad Pablo de Olavide
spellingShingle The Similarity between the Square of the Coefficient of Variation and the Gini Index of a General Random Variable
Luis González Abril
Economía y Finanzas
Lorenz curve
mean difference
Concentration measures
cumulative distribution function
The Similarity between the Square of the Coefficient of Variation and the Gini Index of a General Random Variable Luis González Abril Francisco Velasco Morente José Manuel Gavilán Ruiz Luis María Sánchez-Reyes Fernández Economía y Finanzas Lorenz curve mean difference Concentration measures cumulative distribution function In this paper, several identities concerning expectation, variance, covariance, cumulative distribution functions, the coefficient of variation, and the Lorenz curve are obtained and they are used in establishing theoretical results. Furthermore, a graphical representation of the variance is proposed which, together with the aforementioned identities, enables the square of the coefficient of variation to be considered as an equality measure in the same way as is the Gini index. A study of the similarities between the theoretical expression of the Gini index and the square of the coefficient of variation is also carried out in this paper. 2010 artículo científico 1886-516X https://www.redalyc.org/articulo.oa?id=233116358002 en http://www.redalyc.org/revista.oa?id=2331 Revista de Métodos Cuantitativos para la Economía y la Empresa application/pdf Universidad Pablo de Olavide Revista de Métodos Cuantitativos para la Economía y la Empresa (España) Vol.10
title The Similarity between the Square of the Coefficient of Variation and the Gini Index of a General Random Variable
topic Economía y Finanzas
Lorenz curve
mean difference
Concentration measures
cumulative distribution function
url https://www.redalyc.org/articulo.oa?id=233116358002