IDEAS home Printed from https://ideas.repec.org/a/bla/popdev/v47y2021i1p237-254.html
   My bibliography  Save this article

An Agricultural Wealth Index for Multidimensional Wealth Assessments

Author

Listed:
  • Joseph Hackman
  • Daniel Hruschka
  • Mariya Vizireanu

Abstract

Social scientists have increasingly used asset‐based wealth scores, like the Demographic and Health Survey (DHS) wealth index, to assess economic disparities. However, current indices primarily capture wealth in globalized market economies, thus ignoring other forms of prosperity, such as success in agricultural activities. Using a simple extension to the standard estimation of the DHS wealth index, we describe procedures for estimating an agricultural wealth index (AWI) that complements market‐based wealth indices by capturing household success in agricultural activities. We apply this procedure to household data from 129 DHS surveys from over 40 countries with sufficient land and livestock data to estimate a reliable and consistent AWI. We assess the construct validity of the AWI using benchmarks of growth in both adults and children. This alternative measure of wealth provides new opportunities for understanding the causes and consequences of wealth inequality, and how success along different dimensions of wealth creates different social opportunities and constraints for health and well‐being.

Suggested Citation

  • Joseph Hackman & Daniel Hruschka & Mariya Vizireanu, 2021. "An Agricultural Wealth Index for Multidimensional Wealth Assessments," Population and Development Review, The Population Council, Inc., vol. 47(1), pages 237-254, March.
    • Handle: RePEc:bla:popdev:v:47:y:2021:i:1:p:237-254
    DOI: 10.1111/padr.12367
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/padr.12367
    Download Restriction: no
    File URL: https://libkey.io/10.1111/padr.12367?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Sahn, David E. & Stifel, David C., 2000. "Poverty Comparisons Over Time and Across Countries in Africa," World Development, Elsevier, vol. 28(12), pages 2123-2155, December.
    2. Deon Filmer & Lant Pritchett, 1999. "The Effect of Household Wealth on Educational Attainment: Evidence from 35 Countries," Population and Development Review, The Population Council, Inc., vol. 25(1), pages 85-120, March.
    3. Deon Filmer & Lant Pritchett, 2001. "Estimating Wealth Effects Without Expenditure Data—Or Tears: An Application To Educational Enrollments In States Of India," Demography, Springer;Population Association of America (PAA), vol. 38(1), pages 115-132, February.
    4. Jean-Christophe Fotso & Barthelemy Kuate-Defo, 2005. "Measuring socioeconomic status in health research in developing countries: Should we be focusing on households, communities or both?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 72(2), pages 189-237, June.
    5. Jeroen Smits & Roel Steendijk, 2015. "The International Wealth Index (IWI)," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 122(1), pages 65-85, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Francisco Azpitarte & Gaston Yalonetzky, 2023. "The measurement of asset and wealth poverty," Chapters, in: Jacques Silber (ed.), Research Handbook on Measuring Poverty and Deprivation, chapter 38, pages 410-419, Edward Elgar Publishing.
    2. Grimm, Michael & Harttgen, Kenneth & Klasen, Stephan & Misselhorn, Mark, 2008. "A Human Development Index by Income Groups," World Development, Elsevier, vol. 36(12), pages 2527-2546, December.
    3. Luisa Natali & Marta Moratti, 2012. "Measuring Household Welfare: Short versus long consumption modules," Papers inwopa671, Innocenti Working Papers.
    4. Eliana Jimenez & Ignacio Correa-Valez & Richard P.C. Brown, 2008. "Wealthy and Healthy in the South Pacific," Discussion Papers Series 378, School of Economics, University of Queensland, Australia.
    5. Lovaton Davila, Rodrigo & McCarthy, Aine Seitz & Gondwe, Dorothy & Kirdruang, Phatta & Sharma, Uttam, 2022. "Water, walls, and bicycles: wealth index composition using census microdata," Journal of Demographic Economics, Cambridge University Press, vol. 88(1), pages 79-120, March.
    6. Shifa, Muna & Leibbrandt, Murray, 2021. "Spatial Inequality in Sub-Saharan Africa," EconStor Preprints 244591, ZBW - Leibniz Information Centre for Economics.
    7. Mark Montgomery & Paul C. Hewett, 2005. "Poverty and Children's Schooling in Urban and Rural Senegal," Department of Economics Working Papers 05-08, Stony Brook University, Department of Economics.
    8. Dekker, Marlieen, 2008. "Estimating Wealth effects without expenditure Data: Evidence From rural Ethiopia," Ethiopian Journal of Economics, Ethiopian Economics Association, vol. 15(1), pages 1-85, May.
    9. Chowa, Gina & Ansong, David & Masa, Rainier, 2010. "Assets and child well-being in developing countries: A research review," Children and Youth Services Review, Elsevier, vol. 32(11), pages 1508-1519, November.
    10. Deon Filmer & Kinnon Scott, 2012. "Assessing Asset Indices," Demography, Springer;Population Association of America (PAA), vol. 49(1), pages 359-392, February.
    11. Vollmer, Frank & Alkire, Sabina, 2022. "Consolidating and improving the assets indicator in the global Multidimensional Poverty Index," World Development, Elsevier, vol. 158(C).
    12. Mark Montgomery & Monica Grant & Barbara Mensch & Rania Roushdy, 2005. "Children's Schooling in Developing-Country Slums: A Comparison of Egypt and India," Department of Economics Working Papers 05-07, Stony Brook University, Department of Economics.
    13. Bensch, Gunther & Grimm, Michael & Peter, Katharina & Peters, Jörg & Tasciotti, Luca, 2013. "Impact evaluation of improved stove use in Burkina: FAFASO," RWI Projektberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, number 111422.
    14. Janina Isabel Steinert & Lucie Dale Cluver & G. J. Melendez-Torres & Sebastian Vollmer, 2018. "One Size Fits All? The Validity of a Composite Poverty Index Across Urban and Rural Households in South Africa," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 136(1), pages 51-72, February.
    15. Abderrahman Yassine & Fatima Bakass, 2022. "Do Education and Employment Play a Role in Youth’s Poverty Alleviation? Evidence from Morocco," Sustainability, MDPI, vol. 14(18), pages 1-25, September.
    16. Richard Mussa, 2013. "Spatial Comparisons of Poverty and Inequality in Living Standards in Malawi," South African Journal of Economics, Economic Society of South Africa, vol. 81(2), pages 192-210, June.
    17. Cynthia B. Lloyd, 2001. "World population in 2050: assessing the projections: discussion," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 46.
    18. Langsten, Ray & Hassan, Tahra, 2018. "Primary education completion in Egypt: Trends and determinants," International Journal of Educational Development, Elsevier, vol. 59(C), pages 136-145.
    19. G. Guindon, 2014. "The impact of tobacco prices on smoking onset in Vietnam: duration analyses of retrospective data," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 15(1), pages 19-39, January.
    20. Mausumi Mahapatro & Deborah Johnston, 2020. "Imperfection Measures and the Production of Poverty: A Case Study of the Use of the Asset Index in Bangladesh," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 152(2), pages 513-531, November.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:popdev:v:47:y:2021:i:1:p:237-254. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0098-7921 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.