Kakwani, Nanak; Son, Hyun H. - In: Review of Income and Wealth 54 (2008) 4, pp. 643-655
This paper proposes a new type of growth rate, called the "poverty equivalent growth rate" (PEGR), which takes into account both the growth rate in mean income and how the benefits of growth are distributed between the poor and the non-poor. The proposed measure satisfies a basic requirement...