On an Index of Poverty

Manimay Sengupta and Prasanta K. Pattanaik

No 263059, Department of Economics Discussion Papers from University of Canterbury - New Zealand

Abstract: We propose a poverty measure that satisfies *a number of properties that make it sensitive to the level of absolute deprivation of the poor. These properties are often violated by several poverty measures discussed in the literature. The measure corresponds to a Cobb-Douglas social welfare function which has a number of egalitarian features.

Keywords: Agricultural and Food Policy; Financial Economics (search for similar items in EconPapers)
Pages: 30
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Persistent link: https://EconPapers.repec.org/RePEc:ags:canzdp:263059

DOI: 10.22004/ag.econ.263059

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