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Economic Dynamics and Sustainable Development – Resources, Factors, Structures and Policies

Proceedings ESPERA 2015 – Part 1 and Part 2

Edited By Luminita Chivu, Constantin Ciutacu, Valeriu Ioan-Franc and Jean-Vasile Andrei

The book is dedicated to the 150th anniversary of the Romanian Academy. It contains the most valuable 100 papers presented at the International Conference «Economic Scientific Research – Theoretical, Empirical and Practical Approaches» (ESPERA 2015). The event is initiated annually by the National Institute for Economic Research «Costin C. Kirițescu» of the Romanian Academy. ESPERA aim to present and evaluate the economic scientific research portfolio as well as to argue and substantiate development strategies, including European and global best practices. ESPERA intend to become a scientific support for the conceptualization and the establishment of policies and strategies and to provide a systematic, permanent, wide and challenging dialogue within the European area of economic and social research.

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On Cumulated Mean Income Curve (COMIC). New Theoretical Results Outlined On Romania’s Income Data (Vasile Preda / Carmen Adriana Gheorghe)


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Vasile Preda1 & Carmen Adriana Gheorghe2

On Cumulated Mean Income Curve (COMIC). New Theoretical Results Outlined on Romania’s Income Data

Abstract: In this paper we introduced new cumulated mean income curves through the Marshall-Olkin mechanism and analyzed the income inequality for Romania in the last three decades after the conversion of the household income deciles in USD. Conclusions and further study opportunities were stated.

Keywords: COMIC, Marshall-Olkin, income, cumulated mean income curves.

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