What is China s Gini coefficient

The Gini coefficient is a metric used to describe the disparity in income distribution.

At the beginning of the 20th century, the Italian economist Gini found an index to judge the degree of distributive equality based on the Lorenz curve.

Let the area between the real income distribution curve and the absolute equality curve of income distribution be a, and the area at the bottom right of the real income distribution curve be b. And divide a by the quotient of a + b to indicate the degree of inequality.

This value is known as the Gini coefficient or Lorenz coefficient.

If a is zero, the Gini coefficient is zero, indicating that the income distribution is completely equal;

If b is zero, the coefficient is 1, and the income distribution is absolutely unequal.

The coefficient can take any value between zero and 1.

The more equal the income distribution, the smaller the arc of the Lorenz curve, the smaller the Gini coefficient, and conversely, the more unequal the income distribution, the greater the arc of the Lorenz curve, then Gini.

The coefficient is also larger.

If personal income tax equalizes income, the Gini coefficient will be smaller.

The relevant organizations of the United Nations stipulate that if it is lower than the absolute average of income; Indicates that it is relatively average; The representation is relatively reasonable; indicates a large income gap; The above indicates a wide disparity in income.

According to United Nations statistics, China's Gini coefficient has exceeded the normal target range, that is, the gap between the rich and the poor has entered an irrational state. The Gini coefficient is a set of early warning mechanisms, which is its warning level, and if it is exceeded, the country will fall into a vicious circle. China's Gini coefficient crossed the warning line in 1994 and reached it in 2005.

In developed countries, the gap between rich and poor is generally between five and six times greater.

What does the Chinese Gini coefficient mean?

I believe that many friends know the Engel coefficient.

If the Engel coefficient is high, then it means that the family's income is not very high, and all the expenses are in food. But compared to Engel's coefficient, the Gini coefficient.

It is more accurate and is able to measure the income level of a family. Do you know what the Gini coefficient is? Is China's Gini coefficient in the top 3 in the world?

An introduction to the Gini coefficient.

In fact, the Gini coefficient is also transmitted from foreign countries, and it is used internationally, which means:A commonly used indicator to measure the income gap between residents of a country or region. Therefore, the maximum value of the Gini coefficient difference is 1 and the minimum value is 0, and the closer the Gini coefficient is to 0, the more equal the income distribution is. However, there is no international organization or textbook that gives the most appropriate Gini coefficient standard, but many people think that if the Gini coefficient is less, then the income of residents is higher than the average, which shows that the income of the people living in the circle is very good, and there is not much gap between the rich and the poor.

So if we were to measure the income gap in a country, we could measure it with the Gini coefficient.

Is China's Gini coefficient in the top 3 in the world?

First of all, we need to understand what China's Gini coefficient is, and China's Gini coefficient has exceeded before, indicating that China's income gap is still very large. But passedChina**As a result, our Gini coefficient has dropped for 6 consecutive years, and today's Gini coefficient is about in between. It shows that China's per capita income gap is not very large, but it is not very small, and it is at a medium level of land consumption.

Therefore, China's Gini coefficient is not in the top 3 in the world, at most in the top 10.

Summary. Although China's Gini coefficient is still very large, we must believe in the efforts of the state, which has been committed to eliminating the income gap between residents, narrowing the gap between the rich and the poor, and making people's lives better. Therefore, with the efforts of the country, I believe that the people of China will definitely live better and better in the morning and live a happy life.

The Gini coefficient is an indicator of household income disparity, with 0 being the best and 1 being the worst, and China is not ranked among the top three in the world.

Yes, yes, China's Gini coefficient is the lowest in the world, and the gap between the rich and the poor is the smallest.

The meaning of this word is an indicator of the income gap between residents, and yes, and China has been at a level for a long time.