||||“This book represents a useful primer on the Gini methodology area. It is recommended to all readers who are interested in learning more about econometrics and welfare economics, particularly Gini regressions, Gini-based parameters, inference purposes
Gini's mean difference (GMD) was first introduced by Corrado Gini in 1912 as an alternative measure of variability. GMD and the parameters which are derived from it (such as the Gini coefficient or the concentration ratio) have been in use in the area of income distribution for almost a century. In practice, the use of GMD as a measure of variability is justified whenever the investigator is not ready to impose, without questioning, the convenient world of normality....
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