Estimation Of Relative Poverty In Russian Regions Using Equivalence Scales
Journal: The European Proceedings of Social & Behavioural Sciences
Year: 2020

Poverty estimation by traditional statistical methods has a number of limitations. It doesn’t take into account economies of scale in estimating household consumption. Another limitation is connected with the absolute poverty line used by most countries in transition, including Russia. An alternative to avoiding these limitations is to use the concept of relative poverty and equivalence scales for estimating income per capita. The author used the relative concept of poverty for the exact definit