Poverty, relative to the ability to eradicate it: An index of poverty reduction failure
AbstractIn this note we approach the question of relative poverty from a different angle. Fixing the poverty line, we ask: What is the extent of poverty relative to the resources available in the society to eradicate it? We argue that the same level of poverty is âworseâ if the resources available to address it are greater. We characterize a class of indices that measure Poverty Reduction Failure and provide an empirical illustration of their suitability using data for 94 country observations in 2001.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 97 (2007)
Issue (Month): 1 (October)
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Web page: http://www.elsevier.com/locate/ecolet
Other versions of this item:
- Kanbur, Ravi & Mukherjee, Diganta, 2007. "Poverty, Relative to the Ability to Eradicate It: An Index of Poverty Reduction Failure," Working Papers 126998, Cornell University, Department of Applied Economics and Management.
- Ravi Kanbur, 2006. "Poverty, Relative to the Ability to Eradicate It: An Index of Poverty Reduction Failure," Working Papers id:714, eSocialSciences.
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
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