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Revisiting an Old Theme in the Measurement of Inequality and Poverty

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Social Values and Social Indicators

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Abstract

This essay subjects to criticism the dominant convention in the inequality-measurement and poverty-measurement literature of employing wholly ‘relative’ indices, and advocates, instead, the routine use of ‘centrist’ measures. In the process, the paper revisits some old debates on the logical adequacy and normative appeal of measures of inequality and poverty that are either wholly relative or wholly absolute. The implication of these issues for the diagnosis of magnitudes and trends in inequality and poverty is illustrated by means of a couple of simple empirical examples drawn from Indian data.

This chapter draws heavily and directly on a previously published paper of the author’s, the content from which is re-used here with the permission of the copyright holder: S. Subramanian (2020) Revisiting an Old Theme in the Measurement of Inequality and Poverty, in: Saleth R., Galab S., Revathi E. (eds) Issues and Challenges of Inclusive Development, Springer: Singapore, https://doi.org/10.1007/978-981-15-2229-1_13.

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Subramanian, S. (2021). Revisiting an Old Theme in the Measurement of Inequality and Poverty. In: Social Values and Social Indicators. Themes in Economics. Springer, Singapore. https://doi.org/10.1007/978-981-16-0428-7_14

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  • DOI: https://doi.org/10.1007/978-981-16-0428-7_14

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-16-0427-0

  • Online ISBN: 978-981-16-0428-7

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