THE MEASURING OF THE GINI, THEIL AND ATKINSON INDICES FOR GEORGIA REPUBLIC AND SOME OTHER COUNTRIES

Gocha  Tutberidze; Qetevan  Pipia; Giorgi  Rakviashvili

doi:10.35945/

Authors

Gocha Tutberidze Doctor of Economics, Professor, European University, Georgia Author
Qetevan Pipia Doctoral student, Samtskhe-Javakheti State University, Georgia Author
Giorgi Rakviashvili Doctor of Mathematics, Associate Professor, Ilia State University, Georgia Author

DOI:

https://doi.org/10.35945/

Keywords:

THE ECONOMIC STRUCTURE; THE INEQUALITY INDICES; THE GINI COEFFICIENT; THE HOOVER INDEX; THE THEILINDICES; THE POVERTY; THE LORENTZ CURVE

Abstract

When studying the economic structure of society qualitative and quantitative methods are closely related to each other. In particular when analyzing the economic structure of society inequality indicessuch as the (generalized)Gini index, the Hoover index, the first and second Theil indices, the first and second Atkinson indicesand other are used. In this article, we investigate the relationship between these indices and in some cases prove that they can be calculated by different formulas. In addition these indices will be calculated for the following countries: Azerbaijan,Armenia, China, Estonia, France, Georgia, Germany, Greece,Iran, Israel, Italy, Japan, Latvia, Lithuania, Moldova, Russia,Turkey, Ukraine, United States.

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Author Biographies

Qetevan Pipia, Doctoral student, Samtskhe-Javakheti State University, Georgia
Giorgi Rakviashvili, Doctor of Mathematics, Associate Professor, Ilia State University, Georgia