Between 2010 and 2022, Brazil's data on the degree of inequality in wealth distribution based on the Gini coefficient reached 52.9. That year, Brazil was deemed the most unequal country in Latin America. Prior to 2010, wealth distribution in Brazil had shown signs of improvement, with the Gini coefficient decreasing in the previous three reporting periods.
The Gini coefficient measures the deviation of the distribution of income (or consumption) among individuals or households in a given country from a perfectly equal distribution. A value of 0 represents absolute equality, whereas 100 would be the highest possible degree of inequality.
Based on the degree of inequality in income distribution measured by the Gini coefficient, Brazil was the most unequal country in Latin America as of 2022. Brazil's Gini coefficient amounted to 52.9. Dominican Republic recorded the lowest Gini coefficient at 38.5, even below Uruguay and Chile, which are some of the countries with the highest human development indexes in Latin America.
The Gini coefficient explained The Gini coefficient measures the deviation of the distribution of income among individuals or households in a given country from a perfectly equal distribution. A value of 0 represents absolute equality, whereas 100 would be the highest possible degree of inequality. This measurement reflects the degree of wealth inequality at a certain moment in time, though it may fail to capture how average levels of income improve or worsen over time.
What affects the Gini coefficient in Latin America? Latin America, as other developing regions in the world, generally records high rates of inequality, with a Gini coefficient ranging between 38 and 54 points according to the latest available data from the reporting period 2010-2021. According to the Human Development Report, wealth redistribution by means of tax transfers improves Latin America's Gini coefficient to a lesser degree than it does in advanced economies. Wider access to education and health services, on the other hand, have been proven to have a greater direct effect in improving Gini coefficient measurements in the region.
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Chotikapanich and Griffiths (Journal of Business and Economic Statistics, 2002, 20(2), 290-295) introduced the Dirichlet distribution to the estimation of Lorenz curves. This distribution naturally accommodates the proportional nature of income share data and the dependence structure between the shares. Chotikapanich and Griffiths fit a family of five Lorenz curves to one year of Swedish and Brazilian income share data using unconstrained maximum likelihood and unconstrained nonlinear least squares. We attempt to replicate the authors' results and extend their analyses using both constrained estimation techniques and five additional years of data. We successfully replicate a majority of the authors' results and find that some of their main qualitative conclusions also hold using our constrained estimators and additional data.
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Species accumulation curves and Lorenz's k-dominance curves for all bird species and for all understory and terrestrial species in the three disturbance treatments.
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Between 2010 and 2022, Brazil's data on the degree of inequality in wealth distribution based on the Gini coefficient reached 52.9. That year, Brazil was deemed the most unequal country in Latin America. Prior to 2010, wealth distribution in Brazil had shown signs of improvement, with the Gini coefficient decreasing in the previous three reporting periods.
The Gini coefficient measures the deviation of the distribution of income (or consumption) among individuals or households in a given country from a perfectly equal distribution. A value of 0 represents absolute equality, whereas 100 would be the highest possible degree of inequality.