On the joint evaluation of absolute and relative deprivation
Edward Anderson () and
Lucio Esposito ()
The Journal of Economic Inequality, 2014, vol. 12, issue 3, 428 pages
Abstract:
We lay out alternative ways of melding measures of absolute and relative deprivation in an index of overall deprivation, exploring the choices the analyst faces in this enterprise. The indices derived are used to answer two important empirical questions. First, did overall deprivation fall in the BRICS–Brazil, Russia, India, China and South Africa– between the early 1990s and late 2000s, alongside the fall in absolute deprivation? Second, what is the relationship between reductions in overall deprivation and economic growth? We show that the standard portrayal of the BRICS as economic success stories as well as the emphasis placed on economic growth in the reduction of deprivation must be qualified to some extent. Copyright Springer Science+Business Media New York 2014
Keywords: Absolute deprivation; Relative deprivation; BRICS; Economic growth (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:kap:jecinq:v:12:y:2014:i:3:p:411-428
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DOI: 10.1007/s10888-013-9262-7
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