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POVERTY EQUIVALENT GROWTH RATE /

개인저자
Kakwani, Nanak ;, Son, Hyun H.
수록페이지
643-655 p.
발행일자
2008.12.20
출판사
International Association for Research in Income and Wealth
초록
[영문]This paper proposes a new type of growth rate, called the qqqquot;poverty equivalent growth rateqqqquot; (PEGR), which takes into account both the growth rate in mean income and how the benefits of growth are distributed between the poor and the non-poor. The proposed measure satisfies a basic requirement that the proportional reduction in poverty is a monotonically increasing function of the PEGR. Thus, maximizing the PEGR implies a maximum reduction in poverty. The paper demonstrates that the magnitude of PEGR determines the pattern of growth: whether growth is pro-poor in relative or absolute sense or is qqqquot;poverty reducingqqqquot; pro-poor. The pattern of growth has been analyzed for Brazil using the National Household Survey (PNAD) covering the period 1995?2005.