Guidelines for Constructing Consumption Aggregates for Welfare Analysis Angus Deaton

ISBN: 9780821349908

Published: June 4th 2002

Paperback

104 pages


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Guidelines for Constructing Consumption Aggregates for Welfare Analysis  by  Angus Deaton

Guidelines for Constructing Consumption Aggregates for Welfare Analysis by Angus Deaton
June 4th 2002 | Paperback | PDF, EPUB, FB2, DjVu, audiobook, mp3, ZIP | 104 pages | ISBN: 9780821349908 | 4.27 Mb

Poverty is a complex issue involving multiple aspects of deprivation, of which the lack of goods and services is only one. There is, however, consensus on the importance of using a consumption aggregate as a summary measure of living standards.MorePoverty is a complex issue involving multiple aspects of deprivation, of which the lack of goods and services is only one. There is, however, consensus on the importance of using a consumption aggregate as a summary measure of living standards. Despite the widespread use of consumption aggregates, there are few guidelines on how to construct consumption aggregates from survey data.

This book presents a review of the theoretical framework fundamental to the use of the consumption aggregate as a welfare measure. It offers some practical guidelines and outlines a three-part procedure for constructing a consumption-based measure of individual welfare. This book contains examples based on survey data from Ghana, Vietnam, Nepal, the Kyrgyz Republic, Ecuador, South Africa, Panama, and Brazil.



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