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| Arndt, Channing; Simler, Kenneth R.. |
| The “Cost of Basic Needs” (CBN) approach to drawing consumption-based poverty lines is widely applied and lays credible claim to being the best practice for estimating poverty measures. Unfortunately, a growing mass of evidence indicates that poverty estimates obtained under the CBN approach are often demonstrably utility inconsistent. Here, we introduce an information theoretic approach for estimating utility-consistent poverty lines. An example of the approach is provided for the case of Mozambique. The approach represents a powerful addition to the poverty analyst’s tool kit and enhances the attractiveness of the CBN approach for practical poverty measurement problems. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Poverty lines; Entropy estimation; Revealed preferences; Mozambique; Food Security and Poverty. |
| Ano: 2005 |
URL: http://purl.umn.edu/59591 |
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