Concept information
Preferred term
Gini coefficient
Definition
- The Gini coefficient is a popular statistical measure of income inequality. It was developed by an Italian statistician, Corrado Gini, in 1912 as a measure of concentration applicable to the distribution of wealth, income, or any other continuous variable. [Source: Encyclopedia of Social Problems; Gini Coefficient]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/Gini_coefficient
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