Decomposition of Normalization Axiom in the Measurement of Poverty: A Comment
Nanak Kakwani
No wp-1986-002, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
In the measurement of poverty, Sen (1976) proposed the "normalization axiom" which has been used as the basis for deriving several alternative measures of poverty including that of Sen (Anand 1977, Kakwani 1980 and Clark, Hemming and Ulph 1981). In a recent note, Basu (1985) provided an axiomatic justification of the "normalization axiom" by means of three elementary axioms. He demonstrated that these three axioms are equivalent to Sen's normalization axiom.
Keywords: Mathematical economics; Income distribution; Poverty (search for similar items in EconPapers)
Date: 1986
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