Ravallion, Martin2014-08-212014-08-212001-08https://hdl.handle.net/10986/19561In a data set for developing, and transition economies, the author finds that private consumption per capita, based on national accounts, deviates on average from mean household income, or expenditure based on national sample surveys. Growth rates also differ systematically, so that the ratio of the survey mean to the national accounts mean, tends to fall over time. But there are revealing exceptions to these general findings. The aggregate difference in the levels is due more to income surveys, than to expenditure surveys. And there are strong regional effects; for example, the severe data problems in the transition economies of Eastern Europe, and Central Asia, means that there is negligible correlation in that region, between growth rates from national accounts, and those from household surveys.en-USCC BY 3.0 IGOABSOLUTE POVERTYAGGREGATE OUTPUTCAPITAL CONTROLSCAPITAL FLIGHTCONSUMER PRICE INDEXCONSUMPTION GROWTHCOUNTRY SIZECRIMEDATA COLLECTIONDATA SETDATA SETSDEVELOPED COUNTRIESDEVELOPING COUNTRIESDEVELOPMENT POLICYDEVELOPMENT REPORTDEVELOPMENT RESEARCHDIRECT INVESTMENTECONOMIC ACTIVITYECONOMIC CONTRACTIONECONOMIC GROWTHECONOMIC PERFORMANCEECONOMIC REVIEWECONOMIC WELFAREECONOMISTSELASTICITIESEMPIRICAL RELATIONSHIPEXCHANGE RATEEXCHANGE RATE REGIMEEXPENDITURESGROWTH PERFORMANCEGROWTH RATEGROWTH RATESGROWTH REGRESSIONSHOUSEHOLD INCOMEHOUSEHOLD SURVEYSHOUSEHOLD WELFAREHUMAN CAPITALIMPORTSINCOMEINCOME COMPONENTSINCOME SOURCESINCOMESINDUSTRIALIZED COUNTRIESINEQUALITYINEQUALITY CONVERGENCEINSURANCEINVENTORIESJOB CREATIONLABOR DEMANDLIBERALIZATIONLIVING STANDARDSLOCAL INSTITUTIONSLONG RUNMACROECONOMIC PERFORMANCEMEAN EXPENDITUREMEAN INCOMEMEASUREMENT ERRORMEASUREMENT ERRORSMICRO DATANATIONAL ACCOUNTSNATIONAL INCOMENATIONAL INCOME ACCOUNTING0 HYPOTHESISOUTPUT GROWTHPOLICY RESEARCHPOLITICAL PARTIESPOVERTY DYNAMICSPOVERTY MEASUREPOVERTY MEASURESPOVERTY REDUCTIONPREDICTED CHANGEPRIVATE CONSUMPTIONPRIVATE SECTORPRODUCTIVITYREGIONAL DIFFERENCESSAVINGSSTANDARD OF LIVINGSTATISTICAL SYSTEMSTRANSITION COUNTRIESTRANSITION ECONOMIESTRANSITIONAL ECONOMIES10.1596/1813-9450-2665