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Why We Should Use the Gini Coefficient to Assess Punctuated Equilibrium Theory
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Journal Article
Why We Should Use the Gini Coefficient to Assess Punctuated Equilibrium Theory
2022
Overview
Punctuated Equilibrium Theory posits that policy-making is generally characterized by long periods of stability that are interrupted by short periods of fundamental policy change. The literature converged on the measure of kurtosis and L-kurtosis to assess these change patterns. In this letter, we critically discuss these measures and propose the Gini coefficient as a (1) comparable, but (2) more intuitive, and (3) more precise measure of “punctuated” change patterns.
Publisher
Cambridge University Press
Subject
