Title: Needs as the determinant of absolute poverty: estimating the cost of nutrition, clothing and footwear, and transportation in Greece
Authors: George Labrinidis; Thanasis Maniatis; Aris Oikonomou; Marianna Papadopoulou
Addresses: Department of Economics, University of Athens, 399 Konstantinoupoleos Str., Athens 104 43, Greece. ' Department of Economics, University of Athens, 399 Konstantinoupoleos Str., Athens 104 43, Greece. ' Faculté de Sciences Sociales, Sciences Politiques et Sciences Economiques, Solvay Business School, Université Libre de Bruxelles (ULB), 14 Auguste Rodin Av., 1050 Bruxelles, Belgium. ' Department of Political Science and Public Administration, University of Athens, 5 Smirnis Street, 14341 Nea Filadelfeia, Athens, Greece
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.
Keywords: basic needs; social needs; absolute poverty; nutrition costs; clothing costs; footwear costs; transport costs; Greece.
International Journal of Management Concepts and Philosophy, 2012 Vol.6 No.1/2, pp.89 - 107
Available online: 03 Jun 2012 *Full-text access for editors Access for subscribers Purchase this article Comment on this article