A New Paradigma for the Research of Inequality: Pareto Structure vs. Lorenz Curve

Dr Visvaldis Briedis
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The author suggests an idea about a new principle (law) - the equality of the relative change in the system space.Because of the new principle, he propose a new paradigma for a holistic point of view at the Hamonic Pareto curve. The next step is introducing discrete Pareto structures with related probability distributions. These tools give a theoretical solution to empirical distributions in many practical situations.The author explains the possibility of correct interpretation of two very popupar tools - Lorenz curve and Gini coefficient - together with deeper analysis of the level of inequality. Graphical presentations of the examples and comparative analysis with the last data of UN have been provided. Some ideas about possible applications have been developed.

Keywords: Inequality, Harmonic Structure, Ambisectric, Lorenz Curve, Gini Coefficient(index), Distribution
Stream: Sociology and Geography, Economics and Management, Research Methodologies, Quantitative and Qualitative Methods
Presentation Type: Paper Presentation in English
Paper: New Paradigm for the Research of Inequality, A

Dr Visvaldis Briedis

Assoc. Prof., Faculty of economics and management
University of Latvia, University of Latvia

Riga, Riga, Latvia

Education: Faculty of physics and mathematics in University of Latvia; Dr.oec. degree - in 1984, Leningrad (St.-Peterbourg)in field of management. Main interests - applications of mathematics in social and economical problems. Author of original pattern for sesonality modeling and forecasting. In 2004 - discovery of Harmonic Pareto structure, leading to idea about Harmonic or Natural Inequality. First announcement about it was on International scientific conference in Moscow (may,2004). Last year the author was expanding research, giving the basis for a new paradigma in the general problem of inequality - model adequacy (validity), he explains the possibility of correct interpretation of two very popular tools -Lorenz curve and Gini coefficient with deeper analysis of the level of inequality.

Ref: I06P0136