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. © 2012 Elsevier B.V.
Chakravarty, S., D'Ambrosio, C. (2013). An axiomatic approach to the measurement of poverty reduction failure. ECONOMIC MODELLING, 35, 874-880 [10.1016/j.econmod.2012.12.002].
An axiomatic approach to the measurement of poverty reduction failure
D'AMBROSIO, CONCHITA
2013
Abstract
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. © 2012 Elsevier B.V.
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