Matches in DBpedia 2014 for { ?s ?p Growth elasticity of poverty (GEP) is the percentage reduction in poverty rates associated with a percentage change in mean (per capita) income.Mathematically; where PR is a poverty measure and y is per capita income. Generally, increases in per capita income tend to decrease the poverty rate, hence the elasticity is positive.Standard estimates of GEP for developing countries range from 1.5 to 5, with an average estimate of around 3.. }
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- Growth_elasticity_of_poverty comment "Growth elasticity of poverty (GEP) is the percentage reduction in poverty rates associated with a percentage change in mean (per capita) income.Mathematically; where PR is a poverty measure and y is per capita income. Generally, increases in per capita income tend to decrease the poverty rate, hence the elasticity is positive.Standard estimates of GEP for developing countries range from 1.5 to 5, with an average estimate of around 3.".