Poverty, Relative to the Ability to Eradicate It: An Index of Poverty Reduction Failure
Ravi Kanbur
Working Papers from eSocialSciences
Abstract:
In this note we approach the question of relative poverty from a different angle. Fixing the poverty line, we ask: What is the extent of poverty relative to the resources available in the society to eradicate it? We argue that the same level of poverty is “worse†if the resources available to address it are greater. We characterize a class of indices that measure Poverty Reduction Failure and provide an empirical illustration of their suitability using data for 94 country observations in 2001.
Keywords: Absolute Poverty; Relative Poverty; Poverty Reduction Failure (search for similar items in EconPapers)
Date: 2006-12
Note: Working Papers
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Journal Article: Poverty, relative to the ability to eradicate it: An index of poverty reduction failure (2007) 
Working Paper: Poverty, Relative to the Ability to Eradicate It: An Index of Poverty Reduction Failure (2007) 
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Persistent link: https://EconPapers.repec.org/RePEc:ess:wpaper:id:714
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