PPP conversion factor, PPP conversion factor, LCU per USD Total population | exchange rates | all ages | individual | Constant local | ppp | Constant local | ppp | constant (2020) LCU per USD Total population | exchange rates | all ages | individual | Year constant (2020) South Africa India 2019 6.28 18.39 5. Assume the pre- & post- tax income distributions are the same in both countries (very unrealistic I know). Please calculate the absolute Gini for both countries. Note: Absolute Gini = Average National Income(USD) × Gini Coefficient Gini (India) = 0.63 Gini( South Africa) = 0.75

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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PPP conversion factor, PPP conversion factor,
LCU per USD
Total population |
exchange rates | all
ages | individual |
Constant local | ppp | Constant local | ppp |
constant (2020)
LCU per USD
Total population |
exchange rates | all
ages | individual |
Year
constant (2020)
South Africa
India
2019
6.28
18.39
5. Assume the pre- & post- tax income distributions are the same in both countries (very unrealistic I know).
Please calculate the absolute Gini for both countries.
Note: Absolute Gini = Average National Income(USD) × Gini Coefficient
Gini (India) = 0.63
Gini( South Africa) = 0.75
Transcribed Image Text:PPP conversion factor, PPP conversion factor, LCU per USD Total population | exchange rates | all ages | individual | Constant local | ppp | Constant local | ppp | constant (2020) LCU per USD Total population | exchange rates | all ages | individual | Year constant (2020) South Africa India 2019 6.28 18.39 5. Assume the pre- & post- tax income distributions are the same in both countries (very unrealistic I know). Please calculate the absolute Gini for both countries. Note: Absolute Gini = Average National Income(USD) × Gini Coefficient Gini (India) = 0.63 Gini( South Africa) = 0.75
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