On Multidimensional Indices of Poverty

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dc.creatorRavallion, Martin
dc.date2012-03-19T18:00:44Z
dc.date2012-03-19T18:00:44Z
dc.date2011-02-01
dc.date.accessioned2026-07-01T00:58:40Z
dc.descriptionThere has been a growing interest in what have come to be termed "multidimensional indices of poverty." Advocates for these new indices correctly point out that command over market goods is not all that matters to peoples' well-being, and that other factors need to be considered when quantifying the extent of poverty and informing policy making for fighting poverty. However, the author argues that there are two poorly understood issues in assessing these indices. First, does one believe that any single index can ever be a sufficient statistic for poverty assessments? Second, when aggregation is called for, should it be done in the space of "attainments," using prices when appropriate, or that of "deprivations," using weights set by the analyst? The paper argues that the goal for future poverty monitoring efforts should be to develop a credible set of multiple indices, spanning the dimensions of poverty most relevant to a specific setting, rather than a single multidimensional index. When weights are needed, they shouldn't be set solely by an analyst measuring poverty. Rather, they should be, as much as possible, consistent with well-informed choices made by poor people.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110228142416
dc.identifierhttps://hdl.handle.net/10986/3346
dc.identifier10.1596/1813-9450-5580
dc.identifier.urihttp://hdl.handle.net/123456789/413769
dc.languageEnglish
dc.relationPolicy Research working paper ; no. WPS 5580
dc.relation4737
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCESS TO INFRASTRUCTURE
dc.subjectACCESS TO SAFE DRINKING WATER
dc.subjectACCESS TO SERVICES
dc.subjectAGGREGATE POVERTY
dc.subjectAVERAGE INCOME
dc.subjectCHILD MORTALITY
dc.subjectCONFLICT
dc.subjectCONSUMPTION MEASURE
dc.subjectCONSUMPTION POVERTY
dc.subjectCOUNTRY LEVEL
dc.subjectDATA SETS
dc.subjectDECOMPOSABLE POVERTY
dc.subjectDECOMPOSABLE POVERTY MEASURES
dc.subjectDERIVATIVES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT GOALS
dc.subjectDEVELOPMENT POLICY
dc.subjectDEVELOPMENT RESEARCH
dc.subjectDIMENSIONS OF POVERTY
dc.subjectDISTRIBUTION FUNCTION
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC STUDIES
dc.subjectECONOMICS
dc.subjectEDUCATION POVERTY
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectFUNCTIONAL FORM
dc.subjectHIGH INFLATION
dc.subjectHOLDING
dc.subjectHOUSEHOLD BUDGET
dc.subjectHOUSEHOLD CONSUMPTION
dc.subjectHOUSEHOLD SIZE
dc.subjectHUMAN DEVELOPMENT
dc.subjectHUMAN DEVELOPMENT INDEX
dc.subjectHUMAN DEVELOPMENT REPORT
dc.subjectINCIDENCE OF POVERTY
dc.subjectINCOME
dc.subjectINCOME POVERTY
dc.subjectINEQUALITY
dc.subjectINFLATION
dc.subjectINTERNATIONAL BANK
dc.subjectINTRINSIC VALUE
dc.subjectLIVING STANDARDS
dc.subjectMALNUTRITION
dc.subjectMARKET DISTORTIONS
dc.subjectMARKET ECONOMY
dc.subjectMARKET PRICES
dc.subjectMEASUREMENT OF POVERTY
dc.subjectMEASURING POVERTY
dc.subjectNONMARKET GOODS
dc.subjectNUTRITION
dc.subjectPOLICY MAKERS
dc.subjectPOLICY RESEARCH
dc.subjectPOOR
dc.subjectPOOR HOUSEHOLDS
dc.subjectPOOR PEOPLE
dc.subjectPOVERTY ASSESSMENTS
dc.subjectPOVERTY COMPARISONS
dc.subjectPOVERTY INDICES
dc.subjectPOVERTY LEVEL
dc.subjectPOVERTY LINE
dc.subjectPOVERTY LINES
dc.subjectPOVERTY MEASURE
dc.subjectPOVERTY MEASUREMENT
dc.subjectPOVERTY MEASURES
dc.subjectPOVERTY MONITORING EFFORTS
dc.subjectPOVERTY REDUCTION
dc.subjectPOVERTY REDUCTION STRATEGY
dc.subjectPOVERTY REDUCTION STRATEGY PAPERS
dc.subjectPRICE INDICES
dc.subjectRELATIVE PRICES
dc.subjectSCHOOLING
dc.subjectSHADOW PRICE
dc.subjectSHADOW PRICES
dc.subjectSUBSTITUTION
dc.subjectTRANSFER PAYMENT
dc.subjectVALUATION
dc.titleOn Multidimensional Indices of Poverty

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