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Title:Economic well-being and non-economic well-being: A poverty of the meaning and measurement of poverty PDF Logo
Authors:Sumner, Andrew
Issue Date:2004
Series/Report no.:Research Paper, UNU-WIDER, United Nations University (UNU) 2004/30
Abstract:This paper discusses the measurement of poverty and well-being. A historical overview is given of the last fifty years. This is followed by discussion of three groupings of indicators: those measures based primarily on economic well-being; those based on non-economic well-being and composite indicators. It is argued that the choice of indicator should reflect its purpose and that economic measures are best when quick, rough-and-ready, short run, aggregate inferences are required. In contrast, non-economic measures are better when greater depth on medium- or longer-term trends and/or dis-aggregation are required. – data ; statistics ; poverty ; well-being
JEL:I30
I31
I32
ISBN:9291906174
Document Type:Working Paper
Appears in Collections:WIDER Research Papers, United Nations University (UNU)

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