publication . Article . 2008

Income distribution and consumption deprivation: An analytical link

Sushanta Mallick;
  • Published: 01 Jan 2008
Abstract
This article conceives poverty in terms of the consumption of essential food, makes use of a new deprivation (or poverty) function, and examines the effects of changes in the mean and the variance of the income distribution on poverty, assuming a log-normal income distribution. The presence of a saturation level of consumption can be treated as a poverty-line threshold as opposed to an exogenous income-based poverty line. Within such a consumption deprivation approach, the article proves analytically that rising mean income reduces poverty while rising variance of income distribution increases poverty.
Subjects
free text keywords: inequality, income distribution, consumption deprivation, jel:I32, jel:D63
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publication . Article . 2008

Income distribution and consumption deprivation: An analytical link

Sushanta Mallick;