Dear Statalist,
This is the first time that I need to calculate GINI coefficient to analyze inequality situation in my country. To avoid the problem of measurement error with income and expenditure data, I designed to use an asset ownership data by calculating "Wealth Index score".
By definition,the mean of the wealth index scores is zero and some of them are negative . so i rescaled them to the 0-100 range. (I got this ideal from Jeroen Smits and Roel Steendijk, 2013)
and I hope I can calculate the GINI-Coefficient by using this score.
Am i missing some concept?
Is it wrong to do something like that?
Thank you
Wuttipong Tunyut
p.s. I have to apologize if I show you some of my bad English and Statistics skill.
This is the first time that I need to calculate GINI coefficient to analyze inequality situation in my country. To avoid the problem of measurement error with income and expenditure data, I designed to use an asset ownership data by calculating "Wealth Index score".
By definition,the mean of the wealth index scores is zero and some of them are negative . so i rescaled them to the 0-100 range. (I got this ideal from Jeroen Smits and Roel Steendijk, 2013)
and I hope I can calculate the GINI-Coefficient by using this score.
Am i missing some concept?
Is it wrong to do something like that?
Thank you
Wuttipong Tunyut
p.s. I have to apologize if I show you some of my bad English and Statistics skill.
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