AbstractPart I of this chapter briefly reviews the arguments for using consumption rather than income as a measure of living standards and for using it to measure poverty and inequality. It goes on to discuss the principal uses to which consumption data have been put; while the docu-mentation of living standards remains the central aim of LSMS surveys, there are a number of other important policy issues that can be illuminated using consumption data. Thereafter, Part I reviews some of the experience of more than 10 years of LSMS surveys in collecting consumption data. Part II discusses the data that are needed to construct a consumption-based measure of living standards and reviews the design issues that affect the cost of collecting data as well as its eventual accuracy. Part III presents a draft consumption module, while Part IV provides explanatory notes on that draft module.
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Bibliographic InfoPaper provided by Princeton, Woodrow Wilson School - Development Studies in its series Papers with number 191.
Length: 55 pages
Date of creation: 1998
Date of revision:
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Postal: PRINCETON UNIVERSITY, WOODROW WILSON SCHOOL OF PUBLIC AND INTERNATIONAL AFFAIRS, PRINCETON NEW- JERSEY 08542 U.S.A.
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Web page: http://www.wws.princeton.edu/
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POVERTY ; INCOME ; HEALTH ; WEALTH ; CONSUMPTION;
Find related papers by JEL classification:
- I32 - Health, Education, and Welfare - - Welfare and Poverty - - - Measurement and Analysis of Poverty
- I31 - Health, Education, and Welfare - - Welfare and Poverty - - - General Welfare
- E21 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
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