2901. Poverty in India: Misspecified Policies and Estimates
- Author:
- M.H. Suryanarayana
- Publication Date:
- 01-2002
- Content Type:
- Working Paper
- Institution:
- United Nations University
- Abstract:
- Specification counts in the formulation of any economic problem, estimation of its magnitude and its assessment. This is particularly so for problems in the context of economic development. Solutions for poverty alleviation in developing countries like India are often formulated under misspecified premises. This results in wrong choice and design of strategies and policies. Faulty evaluation due to specification errors in estimates of poverty only compounds the error. This paper discusses such an in issue in the context of strategies for and estimates of poverty reduction in the developing countries. The results are general. They are illustrated with reference to India.
- Topic:
- Development and Government
- Political Geography:
- South Asia and India