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Poverty Indices Revisited
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Theoretical Economics Letters·Volume 01 (2011)·Pages 129–133·Published 3 November 2011·DOI10.4236/tel.2011.13027
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Abstract
In this paper, a new optimization-based approach to constructing a poverty index is considered. From a general perspective, first and second order conditions based on a general poverty intensity function are derived. Then using specific intensity functions defined by [1,3] respectively, we specify related necessary and sufficient conditions and the underlying poverty indices. An extension based on a large class of intensity function is also investigated.
KeywordsA General Poverty IndexNecessary and Sufficient ConditionsOther Poverty IndicesPoverty Intensity Functions
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