Poverty , economic growth , and average exit time *
نویسنده
چکیده
A simple transformation of the Watts poverty index yields a ‘‘meaningful’’ measure with appealing ordinal properties and a natural interpretation in terms of the potential for economic growth to alleviate poverty. The index is illustrated with data from Bangladesh and Bolivia. 1998 Elsevier Science S.A.
منابع مشابه
An Illustration of the Average Exit Time Measure of Poverty
The goal of the World Bank is ‘a world free of poverty’ but the most widely used poverty measures do not show when poverty might be eliminated. The ‘head-count index’ simply counts the poor, while the ‘poverty gap index’ shows their average shortfall from the poverty line. Neither measure reflects changes in the distribution of incomes amongst the poor, but squaring the poverty gap brings sensi...
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