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Welfare and Efficiency in Public Economics pp 71–147Cite as

Poverty Measurement: A Survey

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Abstract

Though poverty is one of the most challenging problems from which mankind has ever suffered to my knowledge only one economist’s Nobel Lecture has dealt with this provocative issue. It began with the promising statement: “Most of the people in the world are poor, so if we knew the economics of being poor we would know much of the economics that really matters.”1 But then the curious reader will be rather disappointed discovering that this Nobel Lecture is mostly devoted to agricultural economics.

This article is dedicated to Professor Willi Albers on the occasion of his seventieth birthday.

I am indebted to James Foster, Nanak Kakwani, and John Weymark for useful discussions.

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  1. Kiel, West Germany

    Christian Seidl

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  1. Institute of Economics, University of Bonn, Adenauerallee 24-42, D-5300, Bonn 1, West Germany

    Dieter Bös

  2. Alfred-Weber-Institute, University of Heidelberg, Grabengasse 14, D-6900, Heidelberg, West Germany

    Manfred Rose

  3. Institute of Public Economics, University of Kiel, Olshausenstraße 40, D-2300, Kiel 1, West Germany

    Christian Seidl

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Seidl, C. (1988). Poverty Measurement: A Survey. In: Bös, D., Rose, M., Seidl, C. (eds) Welfare and Efficiency in Public Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-73370-3_4

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