Towards the monetary valuation of absolute poverty

D. J. Thampapillai

    Research output: Contribution to journalArticle

    Abstract

    Presents three methods to evaluate in money terms the intangible goal of eliminating absolute poverty. These techniques are adapted from applications in environmental economics. The first method measures the money value of absolute poverty through the demand for urban employment which is manifested in the process of rural-urban migration. In the second method, the demand for eliminating absolute poverty is derived through the application of a game theoretic model. The final method employs the concept of opportunity cost. The applicability and relevance of these methods are illustrated through hypothetical examples.-Author

    Original languageEnglish
    JournalAustralian National University, Development Studies Centre, Occasional Paper
    Volume31
    Publication statusPublished - 1982

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