Description Usage Arguments Value References See Also Examples
Functional form of Lorenz curve : Kakwani and Podder (1973)
1 | KP(p, a, b)
|
p |
numeric, vector of probabilities |
a |
numeric, greater than 1 |
b |
numeric, positive |
The Kakwani and Podder (1973)'s functional form of Lorenz curve at the point p
L(p) = p^a*e^(-b*(1-p))
where b>0 and a ≥ 1.
Kakwani and Podder (1973), On the estimation of Lorenz curves from grouped observations
RGKO
, Arnold
, Ortega
, Chotikapanich
, Sarabia
, Rohde
1 2 | KP(0.5, 0.9, 1.5)
0.253135
|
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