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Measuring Welfare, Poverty and Inequality

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  • Pyatt, Graham

Abstract

A class of poverty measures is identified, the members of which satisfy strong monotonicity and transfer conditions. These measures are closely related to indices of income inequality based on the notion of a mean-equivalent income. A restriction on the class of admissible measures allows poverty to be interpreted in terms of the loss in mean-equivalent income resulting from the fact that some people are poor. Copyright 1987 by Royal Economic Society.

Suggested Citation

  • Pyatt, Graham, 1987. "Measuring Welfare, Poverty and Inequality," Economic Journal, Royal Economic Society, vol. 97(386), pages 459-467, June.
  • Handle: RePEc:ecj:econjl:v:97:y:1987:i:386:p:459-67
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    Cited by:

    1. Subramanian, S., 2004. "Indicators of Inequality and Poverty," WIDER Working Paper Series 025, World Institute for Development Economic Research (UNU-WIDER).
    2. Storchmann, Karl, 2005. "Long-Run Gasoline demand for passenger cars: the role of income distribution," Energy Economics, Elsevier, vol. 27(1), pages 25-58, January.
    3. Albarrán, Pedro & Ortuño, Ignacio & Ruiz-Castillo, Javier, 2011. "The measurement of low- and high-impact in citation distributions: Technical results," Journal of Informetrics, Elsevier, vol. 5(1), pages 48-63.
    4. Geoffrey A. Jehle, 1992. "An Islamic Perspective on Inequality in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 31(3), pages 295-316.
    5. Keshab Raj Bhattarai, "undated". "Capital Accumulation, Growth and Redistribution: General Equilibrium Impacts of Energy and Pollution Taxes in UK," Energy and Environmental Modeling 2007 24000005, EcoMod.
    6. Jehle, Geoffrey, 1990. "Inequality in Pakistan: A Social Welfare Approach," MPRA Paper 73429, University Library of Munich, Germany.
    7. Yitzhaki, Shlomo, 2002. "Do we need a separate poverty measurement?," European Journal of Political Economy, Elsevier, vol. 18(1), pages 61-85, March.
    8. Keshab Raj Bhattarai, "undated". "Analyses of Poverty and Income Redistribution," EcoMod2007 23900007, EcoMod.
    9. Ravallion, Martin, 1994. "Measuring Social Welfare with and without Poverty Lines," American Economic Review, American Economic Association, vol. 84(2), pages 359-364, May.

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