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Needs as the determinant of absolute poverty: estimating the cost of nutrition, clothing and footwear, and transportation in Greece
by George Labrinidis; Thanasis Maniatis; Aris Oikonomou; Marianna Papadopoulou
International Journal of Management Concepts and Philosophy (IJMCP), Vol. 6, No. 1/2, 2012

 

Abstract: This paper aims at showing that the approach of defining and measuring absolute poverty on the basis of 'basic and social needs' is feasible. The categories of nutrition, clothing and footwear, and transportation are examined under this light, a basket of use values is formed and subsequently it is priced to provide three corresponding sub-indexes for those constituents of the threshold of absolute poverty for Greece in 2011.

Online publication date: Sun, 03-Jun-2012

 

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