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Advtics

Gini Coefficient and Human Development Index Factor Model (GINI-HDI Factor Model):

The Gini-HDI Model aims to estimate the factors determining the Gini and HDI Indices and their dimensions and linking them to other economic models to estimate the impact of any future policy if the Gini Coefficient and the Human Development Index.

The Model was built using Factor Analysis (Explanatory Factor Analysis, Confirmatory Factor Analysis) and Structural Equation Analysis.

As the usual key economic indicators provide macro information, social indicators such as Gini and HDI provide insights in the society which could not be clear within the macro variables.

Main Use:

* Capturing Impact of any Economic and Social Policy on the Gini Coefficient and the Human Development Index by Linking the Model to any Economic / Social Model

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