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Modelling income distributions and Lorenz Curves: Essays in Memory of Camilo Dagum
Publisher
Springer
Place of publication
Berlin - New York
Pages
S. 97-119
Keywords
Income distribution, Lorenz curve, Dagum distributions, inequality measurement
Abstract
In a series of papers in the 1970s, Camilo Dagum proposed several variants of a new model for the size distribution of personal income. This Chapter traces the genesis of the Dagum distributions in applied economics and points out parallel developments in several branches of the applied statistics literature. It also provides interrelations with other statistical distributions as well as aspects that are of special interest in the income distribution field, including Lorenz curves and the Lorenz order and inequality measures. The Chapter ends with a survey of empirical applications of the Dagum distributions, many published in Romance language periodicals.