A Re-scaled Version of the Foster-Greer-Thorbecke Poverty Indices based on an Association with the Minkowski Distance Function

Sreenivasan Subramanian

No RP2004-10, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This note advances a family of poverty measures, Πα, which are derived as simple, normalized Minkowski distance functions. The Πα indices turn out to be the αth roots of the corresponding Foster, Greer and Thorbecke Pα indices. The re-calibration of Pα terms of Πα could have certain possible advantages, which are reviewed in the note.

Keywords: Poverty; Poverty measurement (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (5)

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