Gini coefficient estimation using parabolic model

Gini coefficient estimation using parabolic model

Xiaoqi Niu1, Baoping Chan 2

COMPUTER MODELLING & NEW TECHNOLOGIES 2014 18(12C) 585-588

1 School of Mathematics and Statistics, Anyang Normal University, Anyang 455000, Henan, China
2 School of software engineering, Anyang Normal University, Anyang 455000, Henan, China

The goal of this paper is to establish a parabolic model for Gini Coefficient estimation. With the help of computer simulation and programming, this paper develops a new method of Gini Coefficient estimation and provides statistic support for the administrative and the decision-making departments of the government to scientifically measure the income gaps and to adjust the distribution policy and macroeconomic policy.