2. Constructing a Lorenz curve from income shares data

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Question

2. Constructing a Lorenz curve from income shares data

The following table shows the approximate income distribution for Nicaragua, Haiti, and Croatia in 2013. In particular, it shows the income shares of each quintile of the income distribution.

Income Group	Percentage of Total Income, 2013
Income Group	Nicaragua	Haiti	Croatia
Lowest quintile	6	2	8
Second quintile	10	6	13
Third quintile	14	10	17
Fourth quintile	21	18	22
Highest quintile	49	64	40

Haiti has the most total income.

On the following graph, plot the Lorenz curves for the three countries. Plot Nicaragua's Lorenz curve using the green points (triangle symbol), Haiti's Lorenz curve using the blue points (circle symbol), and Croatia's Lorenz curve using the purple points (diamond symbol).

Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically.

has the most income inequality. (Hint: You may want to refer to your previous answers.)

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2. Constructing a Lorenz curve from income shares data