Distribution data for a developing country


Problem: Consider the following land distribution data for a developing country:

Holding size     % Holdings     % Holdings Area     CUMUL
Less than 1             50                     5                    5
1-2                         20                    10                  15
2-10                       15                    15                   30
10-100                    10                    20                   50
GT 100                    5                      50                 100

Q1. Find the Gini coefficient

Q2. If ten percent of the land of the farms in the top 5% (measured by size) were transferred equally to the poorest 50% of farmholds what happens to inequality?

Solution Preview :

Prepared by a verified Expert
Microeconomics: Distribution data for a developing country
Reference No:- TGS01741325

Now Priced at $20 (50% Discount)

Recommended (93%)

Rated (4.5/5)