Targeting the Vulnerable and the Choice of Vulnerability Measures: Review and Application to Pakistan
AbstractIn this paper, the concept of vulnerability of the poor窶冱 welfare and its practical measures are scrutinized in order to derive implications for targeting poverty reduction policies toward vulnerable households. As illustration, various measures of vulnerability proposed in the literature are applied to a panel dataset collected in rural Pakistan. The empirical results show that different vulnerability rankings can be obtained depending on the choice of the measure. By utilizing these measures, we can identify who and which region is more vulnerable to a particular type of risk. This kind of information is useful in targeting poverty reduction policies. Since the nature of vulnerability is diverse, it is advisable to use the whole vector of various vulnerability measures.
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Bibliographic InfoPaper provided by Institute of Economic Research, Hitotsubashi University in its series PRIMCED Discussion Paper Series with number 1.
Length: 31 p.
Date of creation: Oct 2010
Date of revision:
vulnerability; poverty; risk; consumption smoothing; Pakistan;
Find related papers by JEL classification:
- I32 - Health, Education, and Welfare - - Welfare and Poverty - - - Measurement and Analysis of Poverty
- I38 - Health, Education, and Welfare - - Welfare and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
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