Vulnerability to poverty in select Central Asian Countries

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Vulnerability to poverty in select Central Asian Countries

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Raghbendra Jha ()
Tu Dang

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Raghbendra Jha

Abstract

Economists have long recognized that a household's sense of well-being depends not just on its average income or expenditures, but also on the risks it faces. Hence vulnerability is a more satisfactory measure of welfare than poverty. In this paper we measure the extent of vulnerability as expected poverty, examine the importance of its determinants in the following four Central Asian countries: Azerbaijan, Kazakhstan, Kyrgyzstan, and Tajikistan. We find that the fractions of the populations of these countries facing the risk of poverty are considerably different from those observed to be poor. Moreover, the distribution of vulnerability across different segments of the population can differ significantly from the distribution of poverty. In addition, there is a sizable fraction of the population in these countries who were observed to be non-poor but are estimated.

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Paper provided by Australian National University, Economics RSPAS in its series Departmental Working Papers with number 2008-10.

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Length: 57 pages
Date of creation: 2008
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Handle: RePEc:pas:papers:2008-10

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Article
- Raghbendra Jha & Tu Dang, 2009. "Vulnerability to Poverty in select Central Asian Countries," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 6(1), pages 17-50, June. [Downloadable!]

Find related papers by JEL classification:
C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data
I32 - Health, Education, and Welfare - - Welfare and Poverty - - - Measurement and Analysis of Poverty
O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

This paper has been announced in the following NEP Reports:

NEP-ALL-2008-08-31 (All new papers)
NEP-DEV-2008-08-31 (Development)

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

Shubham Chaudhuri & Jyotsna Jalan & Asep Suryahadi, 2002. "Assessing household vulnerability to poverty from cross-sectional data: A methodology and estimates from Indonesia," Discussion Papers 0102-52, Columbia University, Department of Economics. [Downloadable!]
Luc J. Christiaensen & Kalanidhi Subbarao, 2005. "Towards an Understanding of Household Vulnerability in Rural Kenya," Journal of African Economies, Oxford University Press, vol. 14(4), pages 520-558, December.
Pasquale Scaramozzino, 2006. "Measuring Vulnerability to Food Insecurity," Working Papers 06-12, Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA). [Downloadable!]
Ethan Ligon & Laura Schechter, 2003. "Measuring Vulnerability," Economic Journal, Royal Economic Society, vol. 113(486), pages C95-C102, March. [Downloadable!] (restricted)
Other versions:
- Ligon, Ethan & Schechter, Laura, 2002. "Measuring Vulnerability," 2002 Annual meeting, July 28-31, Long Beach, CA 19899, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
- Ligon, Ethan & Laura Schechter, 2002. "Measuring Vulnerability," Royal Economic Society Annual Conference 2002 128, Royal Economic Society.
Robert Holzmann & Steen Jørgensen, 2001. "Social Risk Management: A New Conceptual Framework for Social Protection, and Beyond," International Tax and Public Finance, Springer, vol. 8(4), pages 529-556, August. [Downloadable!] (restricted)

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