Jump to ContentJump to Main Navigation
Poverty DynamicsInterdisciplinary Perspectives$
Users without a subscription are not able to see the full content.

Tony Addison, David Hulme, and Ravi Kanbur

Print publication date: 2009

Print ISBN-13: 9780199557547

Published to Oxford Scholarship Online: May 2009

DOI: 10.1093/acprof:oso/9780199557547.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see http://www.oxfordscholarship.com/page/privacy-policy).date: 18 August 2018

Looking Forward

Looking Forward

Theory‐Based Measures of Chronic Poverty and Vulnerability

Chapter:
(p.128) 6 Looking Forward
Source:
Poverty Dynamics
Author(s):

Michael R. Carter (Contributor Webpage)

Munenobu Ikegami

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199557547.003.0006

Using guidance from the microeconomic theory of poverty traps, this chapter uses the past to identify structural patterns of change — asset dynamics — rather than past levels of poverty. The statistical identification of these patterns then permits the creation of forward-looking poverty measures that tell us where we expect the poor to be in the future, not where they have been in the past. The chapter proceeds as follows. Section 6.2 develops a theoretically grounded approach to chronic poverty that emphasizes the role of individual heterogeneity and clarifies the role that vulnerability to economic shocks plays in producing chronic poverty. Section 6.3 shows how knowledge of the Micawber Frontier can be used to generate two classes of chronic poverty measures. Section 6.4 then takes some first steps toward implementing the ideas put forward in this chapter, using estimated asset dynamics in South Africa over the 1993 to 1998 period to calculate chronic poverty measures based on distance from the asset threshold.

Keywords:   poverty measurement, poverty assessment, past, asset dynamics, South Africa

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .