Prices for Poverty Analysis in Africa:

Measuring poverty requires adjusting nominal consumption (or income) into a real value of consumption, across geographic areas and over time. To this end, data on consumer prices are used to construct a price index. There are a range of approaches to do this, from using the consumer price index, to...

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Bibliographic Details
Main Author: Gaddis, Isis (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C The World Bank 2016
Series:World Bank E-Library Archive
Online Access:Volltext
Summary:Measuring poverty requires adjusting nominal consumption (or income) into a real value of consumption, across geographic areas and over time. To this end, data on consumer prices are used to construct a price index. There are a range of approaches to do this, from using the consumer price index, to survey-based unit values, which differ in the underlying sources of price data and methodologies for indexing. These different approaches can have large impacts on poverty measures and trends. Surprisingly little attention has been focused on this topic. This study reviews a range of issues and the evidence on how prices matter for measuring poverty, particularly in Africa. It draws on a wide literature, much from developed countries, and offers suggestions for future work in this area
Physical Description:1 Online-Ressource (42 p)
DOI:10.1596/1813-9450-7652