An axiomatic approach to the measurement of poverty reduction failure

A poverty reduction failure index is a measure of the extent of inability of a society to reduce its poverty level. This paper develops an ordering for ranking alternative income distributions in terms of poverty reduction failures. The ordering can be easily implemented by using the generalized Lorenz or the Three I's of poverty (TIP) curve dominance criterion. We also characterize an existing index of poverty reduction failure by using an axiomatic structure.

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Year of publication:	2013
Authors:	Chakravarty, Satya R. ; D'Ambrosio, Conchita
Published in:	Economic Modelling. - Elsevier, ISSN 0264-9993. - Vol. 35.2013, C, p. 874-880
Publisher:	Elsevier
Subject:	Poverty \| Poverty reduction failure \| Axioms \| Indices \| Ordering

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Type of publication:	Article
Classification:	D31 - Personal Income, Wealth and Their Distributions ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; I32 - Measurement and Analysis of Poverty
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010719395