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Growth-equity decomposition of a change in poverty: An axiomatic approach

Authors
Publisher
Elsevier B.V.
Publication Date
Volume
50
Issue
3
Identifiers
DOI: 10.1016/0165-1765(95)00771-7
Keywords
  • Poverty Measures
  • Watts Poverty Measure
  • Poverty Gap Measure
  • Functional Equations
  • Inequality
Disciplines
  • Mathematics

Abstract

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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