Measuring poverty

The most commonly used measure is the ‘headcount’ ratio - simply the total number of poor households or individuals expressed as a ratio of the number of all households or individuals. This measures the incidence of poverty. But in the quarter of a century after Sen’s (1976) groundbreaking work on p...

Full description

Bibliographic Details
Main Author: David, Demery
Format: Conference or Workshop Item
Language:English
Published: 2005
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/237/1/MEASURING_POVERTY.pdf
Description
Summary:The most commonly used measure is the ‘headcount’ ratio - simply the total number of poor households or individuals expressed as a ratio of the number of all households or individuals. This measures the incidence of poverty. But in the quarter of a century after Sen’s (1976) groundbreaking work on poverty measurement, more than a dozen new poverty measures have been proposed. These measures have their strengths and weaknesses and it is now generally accepted that a complete picture of poverty requires consideration of more than one single measure. We shall assess a number of key indices of poverty and conclude by outlining some useful graphical methods of presenting the various dimensions of poverty.