1. Consistent comparison of pro-poor growth.
- Author
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Buhong Zheng
- Subjects
- *
SERVICES for poor people , *PUBLIC welfare , *HUMAN services , *SOCIAL services , *WELFARE economics - Abstract
This article contributes to the literature of pro-poor growth measurement by introducing and characterizing a growth-rate consistency axiom. The axiom states that if one growth pattern is judged to be more pro-poor than another growth pattern at a given growth rate, then the pro-poor ranking between the two growth patterns should remain the same at a higher growth rate. We show that summary pro-poor measures such as poverty-growth elasticities may violate this axiom. We then characterize a special dominance condition under which a given summary pro-poor measure will satisfy the growth-rate consistency axiom. Finally, we establish a general growth-rate dominance condition under which all summary pro-poor measures will respect the growth-rate consistency axiom. [ABSTRACT FROM AUTHOR]
- Published
- 2011
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