How reliable are household expenditures as a proxy for permanent income? Implications for the income–nutrition relationship
AbstractUsing short-run expenditures from household surveys as a proxy may create attenuated estimates of the impact of permanent income on economic outcomes. We use repeated observations to calculate reliability ratios and estimate errors in variables regressions of the impact of income on nutrition. We find significant responses to income, in contrast to previous influential studies.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 118 (2013)
Issue (Month): 1 ()
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Web page: http://www.elsevier.com/locate/ecolet
Income; Measurement error; Nutrition;
Other versions of this item:
- John Gibson & Bonggeun Kim, 2011. "How Reliable are Household Expenditures as a Proxy for Permanent Income? Implications for the Income-Nutrition Relationship," Working Papers in Economics 11/03, University of Waikato, Department of Economics.
- C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
- I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
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