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Mind the Gap: Disparities in Assessments of Living Standards Using National Accounts and Household Surveys

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dc.contributor.authorPrydz, Espen Beer
dc.contributor.authorJolliffe, Dean
dc.contributor.authorSerajuddin, Umar
dc.date.accessioned2021-09-27T21:10:48Z
dc.date.available2021-09-27T21:10:48Z
dc.date.issued2021-09
dc.description.abstractEstimates of average per capita consumption and income from national accounts differ substantially from corresponding measures of consumption and income from household surveys. Using a new compilation of more than 2,000 household surveys matched to national accounts data, this study finds that the gaps between the data sources are larger and more robust than previously established. Means of household consumption estimated from surveys are, on average, 20 percent lower than corresponding means from national accounts. The gap with gross domestic product per capita is nearly 50 percent. The gaps have increased in recent decades and are largest in middle-income countries, where annualized growth rates for consumption surveys are systematically lower than national accounts growth rates. The paper shows that the gaps in measures across these two sources have implications for assessments of economic growth, poverty, and inequality. The study finds that typical survey measures of consumption and income may exaggerate poverty reduction and underestimate inequality.en
dc.identifierhttp://documents.worldbank.org/curated/undefined/505211632322896934/Mind-the-Gap-Disparities-in-Assessments-of-Living-Standards-Using-National-Accounts-and-Household-Surveys
dc.identifier.doi10.1596/1813-9450-9779
dc.identifier.urihttps://hdl.handle.net/10986/36306
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 9779
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectNATIONAL ACCOUNTS
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSEHOLD SURVEY
dc.subjectHOUSEHOLD EXPENDITURE
dc.subjectINEQUALITY
dc.titleMind the Gapen
dc.title.subtitleDisparities in Assessments of Living Standards Using National Accounts and Household Surveysen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleMind the Gap: Disparities in Assessments of Living Standards using National Accounts and Household Surveys
okr.date.disclosure2021-09-22
okr.date.doiregistration2025-04-10T10:00:16.585222Z
okr.date.lastmodified2021-09-22T00:00:00Zen
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/undefined/505211632322896934/Mind-the-Gap-Disparities-in-Assessments-of-Living-Standards-Using-National-Accounts-and-Household-Surveys
okr.guid505211632322896934
okr.identifier.doi10.1596/1813-9450-9779
okr.identifier.externaldocumentum090224b0889cf91d_1_0
okr.identifier.internaldocumentum33434375
okr.identifier.reportWPS9779
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/505211632322896934/pdf/Mind-the-Gap-Disparities-in-Assessments-of-Living-Standards-Using-National-Accounts-and-Household-Surveys.pdfen
okr.topicPoverty Reduction::Inequality
okr.topicPoverty Reduction::Living Standards
okr.topicPoverty Reduction::Poverty Monitoring & Analysis
okr.unitDevelopment Data Group, Development Economics
relation.isAuthorOfPublicationa5bfeac1-cf4b-504a-8f79-9dc2aea50436
relation.isAuthorOfPublication.latestForDiscoverya5bfeac1-cf4b-504a-8f79-9dc2aea50436
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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