Question
A. Objective: 1) to secure income distribution statistics for a country, 2) for two periods of time, 3) at least 10 years apart, 4) create
A. Objective: 1) to secure income distribution statistics for a country, 2) for two periods of time, 3) at least 10 years apart, 4) create Lorenz. Curves of the statistics, 5) calculate (secure) the Gini Coefficient for each period, 6) Explain in words a brief analysis of what the data/graphs show. B. Other: 1) each student will choose a country, 2) only one country, per student, per class. 3) It would be best if you pick a country from Campano's Table 4, 4) If Campano lists more than one year for a country, you may only use one year's statistics, 5) again, no student will be allowed to pick the same country as another student, 6) you are free to change your country with faculty approval.
Numbers
Year 1975, 4.30, 5.50, 6.40, 7.20, 8.20, 9.30, 10.70, 12.30, 14.90, 21.02. Y/P 2586
Year 1985. 4.22, 5.86, 6.80, 7.68, 8.57, 9.56, 10.63, 12.01, 14.05, 20.62. Y/P 3199.
As discussed in class, the overall level of a country's Gross Domestic Product (GDP) is supposed to represent the economic well being of that country. However, many observers feel that GDP is THE indicator as opposed to AN indicator. In order to more fully understand the GDP, we discussed the distribution of real per capita GDP within countries. To this end, we looked at the work of Fred Campano who was the Economics Officer at the United Nations and later a Professor at Fordham University. 11 Assignment A. Objective: 1) to secure income distribution statistics for a country, 2) for two periods of time, 3) at least 10 years apart, 4) create Lorenz. Curves of the statistics, 5) calculate (secure) the Gini Coefficient for each period, 6) write a brief analysis of what the data/graphs show. B. Other: 1) each student will choose a country, 2) only one country, per student, per class. 3) it would be best if you pick a country from Campano's Table 4, 4) If Campano lists more that one year for a country, you may only use one year's statistics, 5) again, no student will be allowed to pick the same country as another student, 6) you are free to change your country with faculty approvalStep by Step Solution
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