Exam (elaborations)
ECON 4200 Exam 2
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Name: Score:34 Multiple choice questions
Definition 1 of 34
measure of the average shortfall of income from the poverty line
Squared poverty gap
What is heterogeneity?
Poverty Gap Ratio
internal validity
Term 2 of 34
Net enrollment rate
children of official school age enrolled in school/ children of official school age
children enrolled in school/ children of official school age
-measures inequality among the poor
-give more weight to those further below the poverty line
- undernutrition
- lack of access to credit
-low labor productivity and income
Term 3 of 34
headcount ratio
gives an idea of the relative incidence of the poor HCR= HC/n (n is population size)
changes in behavior due to being observed in a study
How successful is the data in proving a casual relationship rather than a correlation?
number of individuals below the poverty line
, Term 4 of 34
Nutritional Elasticity is
- undernutrition
- lack of access to credit
-low labor productivity and income
How successful is the data in proving a casual relationship rather than a correlation?
- requires 400 calories a day of moderate activity
- for the poor that work all day in the field this is a conservative estimate
the percentage change in consumption of calories when household budget changes by
one percentage point
Term 5 of 34
Measure of Poverty ( Variables and Meanings)
-land (for cultivation)
-labor
-credit
-education
lack of access to these markets can have fundamental consequences to an economy
-poor need a good job to buy food
- they are too malnourished to find a well-paying job
-high levels of illiteracy
- lack of access to credit to acquire human capital
y= income or expenditure
i , j= refer to individuals
p= poverty line converted to a common currency
m= mean income in economy
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