A New Approach to Multidimensional Poverty Measurement
AbstractWe present here a multidimensional poverty index that measures poverty as a function of the extent and the intensity of poverty. Extent is given by the share of the poor in the population. To measure intensity we start by defining individual unidimensional deprivation indices (one for each individual and each dimension) and then aggregating them as a geometric mean. Each individual deprivation index is simply the inverse of the share of individual achievements in the poverty thresholds. Our approach involves an elementary characterization, the determination of a specific formula, and the endogeneous identification of the poor.
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Bibliographic InfoPaper provided by Universidad Pablo de Olavide, Department of Economics in its series Working Papers with number 10.07.
Length: 16 pages
Date of creation: Sep 2010
Date of revision:
multidimensional poverty; ratio monotonicity; geometric mean; endogenous identification.;
Find related papers by JEL classification:
- I32 - Health, Education, and Welfare - - Welfare and Poverty - - - Measurement and Analysis of Poverty
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-09-18 (All new papers)
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