{"title":"Hybrid measures of multidimensional poverty","authors":"","doi":"10.1007/s00181-024-02581-4","DOIUrl":null,"url":null,"abstract":"<h3>Abstract</h3> <p>In this paper, we propose a hybrid Watts-MPI multidimensional poverty measure that combines the multidimensional Watts poverty index (MWPI), which can accommodate continuous poverty dimensions, with the multidimensional poverty index (MPI), which can accommodate binary poverty dimensions. Unlike the stand-alone MPI that entails total loss of dimension-specific information on both poverty intensity with respect to shortfall and inequality, the proposed hybrid Watts-MPI measure entails only partial loss of such information since poverty intensity and inequality estimates can still be obtained for the continuous poverty dimensions included in the hybrid measure. The hybrid Watts-MPI also specializes to the stand-alone MWPI and MPI when all the poverty dimensions are continuous and binary, respectively. Furthermore, formation of the hybrid Watts-MPI does not entail loss of normative properties by either the constituent MWPI or MPI. The seemingly unrelated regression approach to the estimation of the hybrid Watts-MPI is described and an empirical example demonstrating its efficacy is provided.</p>","PeriodicalId":11642,"journal":{"name":"Empirical Economics","volume":"58 1","pages":""},"PeriodicalIF":1.9000,"publicationDate":"2024-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Empirical Economics","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1007/s00181-024-02581-4","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
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Abstract
In this paper, we propose a hybrid Watts-MPI multidimensional poverty measure that combines the multidimensional Watts poverty index (MWPI), which can accommodate continuous poverty dimensions, with the multidimensional poverty index (MPI), which can accommodate binary poverty dimensions. Unlike the stand-alone MPI that entails total loss of dimension-specific information on both poverty intensity with respect to shortfall and inequality, the proposed hybrid Watts-MPI measure entails only partial loss of such information since poverty intensity and inequality estimates can still be obtained for the continuous poverty dimensions included in the hybrid measure. The hybrid Watts-MPI also specializes to the stand-alone MWPI and MPI when all the poverty dimensions are continuous and binary, respectively. Furthermore, formation of the hybrid Watts-MPI does not entail loss of normative properties by either the constituent MWPI or MPI. The seemingly unrelated regression approach to the estimation of the hybrid Watts-MPI is described and an empirical example demonstrating its efficacy is provided.
期刊介绍：
Empirical Economics publishes high quality papers using econometric or statistical methods to fill the gap between economic theory and observed data. Papers explore such topics as estimation of established relationships between economic variables, testing of hypotheses derived from economic theory, treatment effect estimation, policy evaluation, simulation, forecasting, as well as econometric methods and measurement. Empirical Economics emphasizes the replicability of empirical results. Replication studies of important results in the literature - both positive and negative results - may be published as short papers in Empirical Economics. Authors of all accepted papers and replications are required to submit all data and codes prior to publication (for more details, see: Instructions for Authors).The journal follows a single blind review procedure. In order to ensure the high quality of the journal and an efficient editorial process, a substantial number of submissions that have very poor chances of receiving positive reviews are routinely rejected without sending the papers for review.Officially cited as: Empir Econ
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