Article detail · 2014
Time and Consumption Poverty in Turkey
RePEc: Research Papers in Economics
- Year
- 2014
- Type
- preprint
Abstract
English (OpenAlex)
The Levy Institute Measure of Time and Consumption Poverty (LIMTCP) is a two-dimensional measure that takes into account both the necessary consumption expenditures and the household production time needed to achieve a minimum standard of living -- factors often ignored in official poverty measures. In the case of Turkey, application of the LIMTCP reveals an additional 7.6 million people living in poverty, resulting in a poverty rate that is a full 10 percentage points higher than the official rate of 30 percent.
Topics
- Income, Poverty, and Inequality
Primary topic Income, Poverty, and Inequality