Three-Part Composite Pareto Modelling for Income Distribution in Malaysia

Three-Part Composite Pareto Modelling for Income Distribution in Malaysia

Income distribution models can be useful for describing the economic properties of a population. In this study, three-part composite Pareto models are fitted to the income distribution in Malaysia for the years 2007, 2009, 2012, 2014, and 2016. The three-part composite Pareto models divide the popul...

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Bibliographic Details
Main Authors: Muhammad Hilmi Abdul Majid, Kamarulzaman Ibrahim, Nurulkamal Masseran
Format: Article
Language:English
Published: MDPI AG 2023-06-01
Series:Mathematics
Subjects:
composite model
income distribution
income inequality
Pareto distribution
Online Access:https://www.mdpi.com/2227-7390/11/13/2899

Internet

https://www.mdpi.com/2227-7390/11/13/2899

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