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Defining poor to defining rich: Gauging the middle class in India

Author

Listed:
  • Udaya S Mishra

    () (Associate Professor, Centre for Development Studies)

  • William Joe

    () (Junior Consultant, Institute of Economic Growth)

Abstract

This is a simple illustration of using the concept of poverty gap in determining the rich and in turn the middle class given the consumption expenditure distribution of a population. Based on the transfer principle from rich to the poor it assumes complete alleviation of poverty. Such an exposition of defining affluence or rich conveys an understanding of inequality on one hand and extent of richness on the other

Suggested Citation

  • Udaya S Mishra & William Joe, 2010. "Defining poor to defining rich: Gauging the middle class in India," Economics Bulletin, AccessEcon, vol. 30(4), pages 3321-3328.
  • Handle: RePEc:ebl:ecbull:eb-10-00708
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    File URL: http://www.accessecon.com/Pubs/EB/2010/Volume30/EB-10-V30-I4-P307.pdf
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    Citations

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    Cited by:

    1. BILOA ESSIMI, Jean Aristide & CHAMENI NEMBUA, Celestin, 2013. "Estimation D’Une Ligne D’Affluence : Cas Du Cameroun
      [Affluence Line Estimation: Case Of Cameroon]
      ," MPRA Paper 48095, University Library of Munich, Germany.
    2. Chameni Nembua, Célestin & Biloa Essimi, Jean Aristide, 2013. "Who is Rich in Cameroun?
      [Who is Rich in Cameroon?]
      ," MPRA Paper 48024, University Library of Munich, Germany.

    More about this item

    Keywords

    affluence; middle class;

    JEL classification:

    • I0 - Health, Education, and Welfare - - General
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty

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