A Machine Learning Approach to Synthetic Gini Coefficient Estimation in Colombian Municipalities
This paper presents two synthetic estimations of the Gini coefficient at a municipality level for Colombia in the years 2000-2020. The methodology relies on several machine learning models to select the best model for imputation of the data. This derives in two Random Forest models where the first is characterised by containing Dominant Fixed Effects, while the second contains a set of Dominant Varying Factors. Upon these estimations, the Synthetic Gini Coefficients for both models are inspected, and public links are generated to access them. The Dominant Fixed Effects models is rather “stiff” in contrast to the Varying Factor model. Hence, for researchers it is recommended to use the Synthetic Gini Coefficient with Varying Factors because it contains greater variability across time than the Dominant Fixed Effects models. © The Author(s) 2025. Published by RITHA Publishing. This article is distributed under the terms of the license CC-BY 4.0., which permits any further distribution in any medium, provided the original work is properly cited maintaining attribution to the author(s) and the title of the work, journal citation and URL DOI.
Authors
- John Michael RIVEROS-GAVILANES
Publication Details
- Journal
- Journal of Research Innovation and Technologies (JoRIT)
- Published
- 2025-03-01
- DOI
- https://doi.org/10.57017/jorit.v4.1(7).01
- Primary Topic
- Quality of Life Measurement
- Type
- article
- Field-Weighted Citation Impact
- 0.00