Guidelines for Constructing Consumption Aggregates for Welfare Analysis
collection.link.213 |
https://openknowledge.worldbank.org/handle/10986/11866
| |
collection.name.213 |
Other papers
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dc.contributor.author |
Deaton, Angus
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dc.contributor.author |
Zaidi, Salman
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dc.date.accessioned |
2013-06-20T21:22:51Z
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dc.date.available |
2013-06-20T21:22:51Z
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dc.date.issued |
2002-05
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dc.date.lastModified |
2021-04-23T14:03:11Z
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dc.description.abstract |
An analyst using household survey data
to construct a welfare metric is often confronted with
onfronted with An analyst using household survey data to
construct a welfare metric is often confronted with a number
of theoretical and practical problems. What components
should be included in the overall welfare measure? Should
differences in tastes be taken into account when making
comparisons across people and households? How best should
differences in cost-of-living and household composition be
taken into consideration? Starting with a brief review of
the theoretical framework underpinning typical welfare
analysis undertaken based on household survey data, this
paper provides some practical guidelines and advice on how
best to tackle such problems. It outlines a three-part
procedure for constructing a consumption-based measure of
individual welfare: 1) aggregation of different components
of household consumption to construct a nominal consumption
aggregate; 2) construction of price indices to adjust for
differences in prices faced by households; and 3) adjustment
of the real consumption aggregate for differneces in
household composition. Examples based on survey data fro
eight countries--Ghana, Vietnam, Nepal, the Kyrgyz Republic,
Ecuador, South Africa, Panama, and Brazil--are used to
illustrate the various steps involved in constructing the
welfare measure, and the STATA programs used for this
purpose are provided in the appendix. The paper also
includes examples of some analytic techniques used to
examine the robustness of the estimated welfare measure to
underlying assumptions.
| en |
dc.identifier |
http://documents.worldbank.org/curated/en/2002/05/1944189/guidelines-constructing-consumption-aggregates-welfare-analysis
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dc.identifier.isbn |
0-8213-4990-2
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dc.identifier.uri |
http://hdl.handle.net/10986/14101
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dc.language |
English
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dc.language.iso |
en_US
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dc.relation.ispartofseries |
LSMS Working Paper;No. 135
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dc.rights |
CC BY 3.0 IGO
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dc.rights.holder |
World Bank
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dc.rights.uri |
http://creativecommons.org/licenses/by/3.0/igo
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dc.subject |
AGRICULTURE
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dc.subject |
AVERAGE LEVEL
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dc.subject |
CASE STUDIES
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dc.subject |
CONCEPTUAL FRAMEWORK
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dc.subject |
CONSUMER PREFERENCES
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dc.subject |
CONSUMERS
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dc.subject |
CONSUMPTION AGGREGATE
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dc.subject |
CONSUMPTION BUNDLE
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dc.subject |
CONSUMPTION DATA
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dc.subject |
CONSUMPTION MEASURES
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dc.subject |
CONSUMPTION SURVEYS
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dc.subject |
COST FUNCTIONS
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dc.subject |
DATA SETS
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dc.subject |
DEFLATION
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dc.subject |
DEMAND FUNCTIONS
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dc.subject |
DEVELOPING COUNTRIES
| |
dc.subject |
DEVELOPMENT RESEARCH
| |
dc.subject |
DISTRIBUTIONAL EFFECTS
| |
dc.subject |
DURABLE GOODS
| |
dc.subject |
ECONOMIC MANAGEMENT
| |
dc.subject |
ECONOMISTS
| |
dc.subject |
EMPIRICAL LITERATURE
| |
dc.subject |
EMPLOYMENT
| |
dc.subject |
EXPENDITURE MEASURE
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dc.subject |
EXPENDITURE SURVEY
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dc.subject |
EXPENDITURES
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dc.subject |
FARM HOUSEHOLDS
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dc.subject |
FIXED PRICES
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dc.subject |
FOOD CONSUMPTION
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dc.subject |
HEALTH STATUS
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dc.subject |
HOUSEHOLD COMPOSITION
| |
dc.subject |
HOUSEHOLD CONSUMPTION
| |
dc.subject |
HOUSEHOLD DATA
| |
dc.subject |
HOUSEHOLD EXPENDITURE
| |
dc.subject |
HOUSEHOLD EXPENDITURES
| |
dc.subject |
HOUSEHOLD MEMBERS
| |
dc.subject |
HOUSEHOLD SIZE
| |
dc.subject |
HOUSEHOLD SURVEY
| |
dc.subject |
HOUSEHOLD SURVEYS
| |
dc.subject |
HUMAN WELFARE
| |
dc.subject |
INCOME
| |
dc.subject |
INCOME DATA
| |
dc.subject |
INCOME DISTRIBUTION
| |
dc.subject |
INCOMES
| |
dc.subject |
INDIFFERENCE CURVE
| |
dc.subject |
INDIFFERENCE CURVES
| |
dc.subject |
INDIVIDUAL INCOME
| |
dc.subject |
INEQUALITY
| |
dc.subject |
LEISURE
| |
dc.subject |
LIVING INDEX
| |
dc.subject |
LIVING STANDARDS
| |
dc.subject |
LIVING STANDARDS MEASUREMENT
| |
dc.subject |
LIVING STANDARDS MEASUREMENT STUDY
| |
dc.subject |
MARGINAL VALUE
| |
dc.subject |
MONEY INCOME
| |
dc.subject |
NATIONAL INCOME
| |
dc.subject |
NATIONAL INCOME ACCOUNTING
| |
dc.subject |
NON-FOOD ITEMS
| |
dc.subject |
POLICY ANALYSIS
| |
dc.subject |
POLICY ISSUES
| |
dc.subject |
POLICY MAKERS
| |
dc.subject |
POOR COUNTRIES
| |
dc.subject |
POVERTY ANALYSIS
| |
dc.subject |
POVERTY LINE
| |
dc.subject |
POVERTY REDUCTION
| |
dc.subject |
PRESENT VALUE
| |
dc.subject |
PRICE DIFFERENCES
| |
dc.subject |
PRICE INDEXES
| |
dc.subject |
PRICE RELATIVES
| |
dc.subject |
PRICE VECTOR
| |
dc.subject |
PRICE VECTORS
| |
dc.subject |
PUBLIC GOOD
| |
dc.subject |
PUBLIC GOODS
| |
dc.subject |
QUESTIONNAIRE
| |
dc.subject |
REDISTRIBUTIVE POLICY
| |
dc.subject |
REGIONAL PRICE DIFFERENCES
| |
dc.subject |
RELATIVE PRICES
| |
dc.subject |
SMALL BUSINESS
| |
dc.subject |
SPATIAL CONTEXT
| |
dc.subject |
STATISTICAL OFFICES
| |
dc.subject |
SURVEY
| |
dc.subject |
UTILITY LEVEL
| |
dc.subject |
UTILITY POVERTY
| |
dc.subject |
WAGE INCOME
| |
dc.subject |
WEALTH
| |
dc.subject |
WELFARE EFFECTS
| |
dc.title |
Guidelines for Constructing Consumption Aggregates for Welfare Analysis
| en |
dc.title.alternative |
Directrices para construir agregados de
consumo para analizar el bienestar
| en |
okr.doctype |
Publications & Research :: Publication
| |
okr.doctype |
Publications & Research :: Publication
| |
okr.docurl |
http://documents.worldbank.org/curated/en/2002/05/1944189/guidelines-constructing-consumption-aggregates-welfare-analysis
| |
okr.globalpractice |
Poverty
| |
okr.googlescholar.linkpresent |
yes
| |
okr.identifier.externaldocumentum |
000094946_02071304010552
| |
okr.identifier.internaldocumentum |
1944189
| |
okr.identifier.report |
LSM135
| |
okr.language.supported |
en
| |
okr.pdfurl |
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2002/07/31/000094946_02071304010552/Rendered/PDF/multi0page.pdf
| en |
okr.region.administrative |
Africa
| |
okr.region.administrative |
East Asia and Pacific
| |
okr.region.administrative |
Europe and Central Asia
| |
okr.region.administrative |
Latin America & Caribbean
| |
okr.region.administrative |
South Asia
| |
okr.sector |
Health and other social services :: Other social services
| |
okr.topic |
Economic Theory and Research
| |
okr.topic |
Environmental Economics and Policies
| |
okr.topic |
Poverty Reduction :: Poverty Lines
| |
okr.topic |
Poverty Reduction :: Poverty Assessment
| |
okr.topic |
Poverty Reduction :: Inequality
| |
okr.unit |
Development Research Group (DECRG)
|
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