Mosler, K. (Seminar fuer Wirtschafts- und Sozialstatistik, Universitaet zu Koeln, Meister-Ekkehart-Str. 9/II, 0923 Koeln, Germany)
The Gini index and the Gini mean difference of a univariate distribution are extended to measure the disparity of a general $d$-variate distribution. We propose and investigate two approaches, one based on the distance of the distribution from itself, the other on the volume of a convex set in$(d+1)$-space, named the lift zonoid of the distribution. When $d=1$, this volume equals the area
between the usual Lorenz curve and the line of zero disparity, up to a scale factor. We get two
definitions of the multivariate Gini index, which are different (when $d > 1$) but connected through
the notion of the lift zonoid. Both notions inherit properties of the univariate Gini index, in
particular, they are vector scale invariant, continuous, bounded by $0$ and $1$, and the bounds
are sharp. They vanish if and only if the distribution is concentrated at one point. The indices have
a ceteris paribus property and are consistent with multivariate extensions of the Lorenz order.
Illustrations with data conclude the paper.
Creation: 1995 Keywords: Dilation; Disparity measurement; Gini mean difference; Lift zonoid; Lorenz order. Length: 21 pages Handle: RePEc:wop:koelse:9507
Paper provided by Universitaet zu Koeln in its series Statistics and Econometrics as number 7/95