In this paper, we propose that relations between high-order moments of data distributions, for example, between the skewness (S) and kurtosis (K), allow to point to theoretical models with understandable structural parameters. The illustrative data concern two cases: (i) the distribution of income taxes and (ii) that of inhabitants, after aggregation over each city in each province of Italy in 2011. Moreover, from the rank-size relationship, for either S or K, in both cases, it is shown that one obtains the parameters of the underlying (hypothetical) modeling distribution: in the present cases, the 2-parameter Beta function, itself related to the Yule–Simon distribution function, whence suggesting a growth model based on the preferential attachment process.

Intriguing yet simple skewness - kurtosis relation in economic and demographic data distributions, pointing to preferential attachment processes / Cerqueti, R.; Ausloos, M.. - In: JOURNAL OF APPLIED STATISTICS. - ISSN 0266-4763. - 45(12):(2018), pp. 2202-2218. [10.1080/02664763.2017.1413077]

Intriguing yet simple skewness - kurtosis relation in economic and demographic data distributions, pointing to preferential attachment processes

Cerqueti, R.;
2018

Abstract

In this paper, we propose that relations between high-order moments of data distributions, for example, between the skewness (S) and kurtosis (K), allow to point to theoretical models with understandable structural parameters. The illustrative data concern two cases: (i) the distribution of income taxes and (ii) that of inhabitants, after aggregation over each city in each province of Italy in 2011. Moreover, from the rank-size relationship, for either S or K, in both cases, it is shown that one obtains the parameters of the underlying (hypothetical) modeling distribution: in the present cases, the 2-parameter Beta function, itself related to the Yule–Simon distribution function, whence suggesting a growth model based on the preferential attachment process.
2018
Skewness; kurtosis; power law; economic data; demographic data; preferential attachment process model.
01 Pubblicazione su rivista::01a Articolo in rivista
Intriguing yet simple skewness - kurtosis relation in economic and demographic data distributions, pointing to preferential attachment processes / Cerqueti, R.; Ausloos, M.. - In: JOURNAL OF APPLIED STATISTICS. - ISSN 0266-4763. - 45(12):(2018), pp. 2202-2218. [10.1080/02664763.2017.1413077]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11573/1364564
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