Targeting the Vulnerable and the Choice of Vulnerability Measures: Review and Application to Pakistan

Takashi Kurosaki and 卓 黒崎

No 1, PRIMCED Discussion Paper Series from Institute of Economic Research, Hitotsubashi University

Abstract: In this paper, the concept of vulnerability of the poor’s welfare and its practical measures are scrutinized in order to derive implications for targeting poverty reduction policies toward vulnerable households. As illustration, various measures of vulnerability proposed in the literature are applied to a panel dataset collected in rural Pakistan. The empirical results show that different vulnerability rankings can be obtained depending on the choice of the measure. By utilizing these measures, we can identify who and which region is more vulnerable to a particular type of risk. This kind of information is useful in targeting poverty reduction policies. Since the nature of vulnerability is diverse, it is advisable to use the whole vector of various vulnerability measures.

Keywords: vulnerability; poverty; risk; consumption smoothing; Pakistan (search for similar items in EconPapers)
JEL-codes: I32 I38 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2010-10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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