Growth-equity decomposition of a change in poverty: An axiomatic approach |
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| Authors: | Kai-yuen Tsui |
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| Institution: | Economics Department, The Chinese University of Hong Kong, Shatin, N.T., Hong Kong |
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| Abstract: | This paper studies a class of subgroup decomposable poverty measures whose changes may be decomposed into a growth component and a redistribution component. A set of reasonable axioms leads inexorably to a combination of the Watts measure and the poverty gap measure. |
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| Keywords: | Poverty measures Watts poverty measure Poverty gap measure Functional equations Inequality |
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