good governance (using latent variable approach) and a financial decentralisation index. Panel data is employed to explore … if better quality of institutional arrangements (of governance and more financial decentralisation) lead to better …

, viz, education, infrastructure, technological progress, income, etc.) and also index of good governance (by aggregating … statistical measures. Panel regression showed that governance measures, and economic policy variables are crucial to explain …

This paper attempts to propose a methodology to combine different dimensions of governance indicators into a composite … index. The governance index is computed as the weighted average of principal components of the standardized governance … indicators, where weights are variances of successive principal components. Since the notion of good governance is multi …

Unlike aversion to inequality, aversion to poverty resists formalization in welfare economics. One way to assign … normative significance to the poverty line is to allow the welfare measure to exhibit a discrete loss from poverty (DLP) at z … valued welfare measure. It proposes a lexicographic L*-ordering, where the first rank criterion corresponds to an inequality …

(if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty … poverty solely and not with inequality is internally inconsistent. …This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed …

, their distribution and poverty depend very crucially on the hypothesis made on the evolution of returns to education and …

households) in the sample villages is below poverty line (at Rs. 400 per capita per month). On the other hand, no more than 39 ….5 percent of the people (and 37.36 percent households) is likely to stand under the poverty line (at Rs. 425 per capita per ….31. The prime reasons of poverty are excessive dependence on primary sector, disguised unemployment, poor development of …

of labour is near- zero and productivity of land provides only subsistence. Poverty keeps consumption and savings low …

, namely the literature on the use of equivalence scales and the one on poverty measurement. We also critically examine some …