THEORETICAL BASICS OF CALCULATING QUANTITATIVE INDICATORS OF THE ECONOMIC STRUCTURE OF SOCIETY
Journal Title: Globalization and Business - Year 2017, Vol 3, Issue 3
Abstract
In this paper, the (Generalized) Gini, Hoover, Theil and Atkinson indexes are calculated for the Republic of Georgia, for his neighbor states Armenia, Azerbaijan, iran and Turkey, for some post soviet countries including the Russian Federation, for leading states of European Union, for USA, China and Japan. Previously only a small part of this indices were calculated, for example by United Nations, World Bank, CIA of USA, University of Texas and so on. An attempt was made to apply these calculations with the aim of building a mathematical model of the economic structure of Georgian society. it was known that Gini and Hoover indexes can be calculated by dif- ferent formulas, it is proved that these formulas actually give the same results. it is also considered the economical sense of above mentioned indexes in the terms of axioms which L. Bellu defined in some documents of Union Nations.
Authors and Affiliations
GOCHA TUTBERIDZE, GIVI RAKVIASHVILI, Ketevan Pipia
Keywords
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