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Preferred term

consumption-based measures of poverty  

Definition

  • CONSUMPTION-BASED measures of poverty are a class of poverty indicators that use consumption as a measure of individual welfare. A poverty measurer can be described in terms of three main characteristics: a measure of individual welfare; a poverty line, that is, a threshold for the welfare measure below which an individual is classified as poor; and a summary statistic, for instance the proportion of the population below the poverty line (headcount ratio). [Source: Encyclopedia of World Poverty; Consumption-Based Measures of Poverty]

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https://concepts.sagepub.com/social-science/concept/consumption-based_measures_of_poverty

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