TITLE:
Poverty Indices Revisited
AUTHORS:
Eugene Kouassi, Pierre Mendy, Diaraf Seck, Kern O. Kymn
KEYWORDS:
A General Poverty Index, Necessary and Sufficient Conditions, Other Poverty Indices, Poverty Intensity Functions
JOURNAL NAME:
Theoretical Economics Letters,
Vol.1 No.3,
November
7,
2011
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.