'The rich are just like us, only richer': Poverty functions or consumption functions?

Simon Appleton

Research output: Journal PublicationArticlepeer-review

14 Citations (Scopus)

Abstract

The reduced form determinants of economic welfare, proxied by consumption, are modelled using the first nationally representative household survey of Uganda. It is investigated whether anything is gained by modelling poverty rather than welfare, when poverty is measured by the poverty gap. Parameters from the tobit poverty function are found to be generally similar to those from consumption functions, indicating that the poor receive comparable rates of return on their assets to the non-poor. The main exception is that the return to labour is significantly lower for the poor, even with many controls.

Original languageEnglish
Pages (from-to)433-469
Number of pages37
JournalJournal of African Economies
Volume10
Issue number4
DOIs
Publication statusPublished - 2001
Externally publishedYes

ASJC Scopus subject areas

  • Development
  • Economics and Econometrics

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