|This centre is a member of The LSE Research Laboratory [RLAB]: CASE | CEE | CEP | SERC | STICERD||Cookies?|
Paper No' DARP 003: | Full paper
Save Reference as: BibTeX File | EndNote Import File
Keywords: Poverty; second-order stochastic dominance criterion; welfare; inequality analyis.
Is hard copy/paper copy available? NO - Paper Copy Out Of Print.
This Paper is published under the following series: Distributional Analysis Research Programme
Share this page: Google Bookmarks | Facebook | Twitter
Abstract:The second-order stochastic dominance criterion for inequality analysis introduced by Atkinson (1970) covers nearly all well-known inequality indices. The same cannot be said, in respect of poverty indices, for the second-order stochastic dominance criterion for poverty analysis introduced by Atkinson (1987). Indeed, two of the best known poverty indices, the head count ratio and the Sen indix are excluded by it. This paper introduces a more general 'mixed' dominance criterion which provides a more comprehensive coverage of poverty indice. By establishing the relationship between welfare and poverty functions, it also generalizes the proofs given by Atkinson (1987) to include non-separable as well as separable functions.
Copyright © RLAB & LSE 2003 - 2015 | LSE, Houghton Street, London WC2A 2AE | Contact: RLAB | Site updated 04 March 2015