Weakly Relative Poverty
Prevailing measures of relative poverty are unchanged when all incomes grow or contract by the same proportion. This property stems from seemingly implausible assumptions about the disutility of relative deprivation and the cost of social inclusion. We propose ‘‘weakly relative’’ lines that rela...
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| Format: | Journal Article |
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MIT Press
2015
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| Online Access: | http://hdl.handle.net/10986/21439 |
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okr-10986-214392021-04-23T14:04:02Z Weakly Relative Poverty Ravallion, Martin Chen, Shaohua absolute poverty relative deprivation poverty relative poverty growth Prevailing measures of relative poverty are unchanged when all incomes grow or contract by the same proportion. This property stems from seemingly implausible assumptions about the disutility of relative deprivation and the cost of social inclusion. We propose ‘‘weakly relative’’ lines that relax these assumptions. On calibrating our measures to national poverty lines and survey data, we find that half the population of the developing world in 2005 lived in poverty, only half of whom were absolutely poor. The total number of poor rose over 1981 to 2005 despite falling numbers of absolutely poor. With sustained economic growth, the incidence of relative poverty became less responsive to further growth. The number of relatively poor rose, just as the numbers of absolutely poor fell. 2015-02-12T22:56:43Z 2015-02-12T22:56:43Z 2011-11 Journal Article Review of Economics and Statistics 0034-6535 http://hdl.handle.net/10986/21439 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank MIT Press Publications & Research Publications & Research :: Journal Article |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
en_US |
| topic |
absolute poverty relative deprivation poverty relative poverty growth |
| spellingShingle |
absolute poverty relative deprivation poverty relative poverty growth Ravallion, Martin Chen, Shaohua Weakly Relative Poverty |
| description |
Prevailing measures of relative poverty are unchanged when all
incomes grow or contract by the same proportion. This property stems from
seemingly implausible assumptions about the disutility of relative deprivation
and the cost of social inclusion. We propose ‘‘weakly relative’’ lines
that relax these assumptions. On calibrating our measures to national poverty
lines and survey data, we find that half the population of the developing
world in 2005 lived in poverty, only half of whom were absolutely
poor. The total number of poor rose over 1981 to 2005 despite falling numbers
of absolutely poor. With sustained economic growth, the incidence of
relative poverty became less responsive to further growth. The number of
relatively poor rose, just as the numbers of absolutely poor fell. |
| format |
Journal Article |
| author |
Ravallion, Martin Chen, Shaohua |
| author_facet |
Ravallion, Martin Chen, Shaohua |
| author_sort |
Ravallion, Martin |
| title |
Weakly Relative Poverty |
| title_short |
Weakly Relative Poverty |
| title_full |
Weakly Relative Poverty |
| title_fullStr |
Weakly Relative Poverty |
| title_full_unstemmed |
Weakly Relative Poverty |
| title_sort |
weakly relative poverty |
| publisher |
MIT Press |
| publishDate |
2015 |
| url |
http://hdl.handle.net/10986/21439 |
| _version_ |
1764448265041870848 |