An axiomatic approach to the measurement of poverty reduction failure

Satya Chakravarty and Conchita D'Ambrosio

Economic Modelling, 2013, vol. 35, issue C, 874-880

Abstract: A poverty reduction failure index is a measure of the extent of inability of a society to reduce its poverty level. This paper develops an ordering for ranking alternative income distributions in terms of poverty reduction failures. The ordering can be easily implemented by using the generalized Lorenz or the Three I's of poverty (TIP) curve dominance criterion. We also characterize an existing index of poverty reduction failure by using an axiomatic structure.

Keywords: Poverty; Poverty reduction failure; Axioms; Indices; Ordering (search for similar items in EconPapers)
JEL-codes: D31 D63 I32 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:35:y:2013:i:c:p:874-880

DOI: 10.1016/j.econmod.2012.12.002

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