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Dollar a Day Re-Revisited

Author

Listed:
  • Friederike Greb

    (Georg-August-University Göttingen)

  • Stephan Klasen

    (Georg-August-University Göttingen)

  • Syamsul Hidayat Pasaribu

    (Georg-August-University Göttingen)

  • Manuel Wiesenfarth

    (Georg-August-University Göttingen)

Abstract

Recently, the World Bank re-estimated the international poverty line used for global poverty measurement and the first Millennium Development Goal based on an updated country sample of national poverty lines and new results for PPP exchange rates. This generated the new international poverty line of $1.25 per capita per day in 2005PPP$. In this paper we show, using the same data, that the best statistical estimation of the relationship between mean consumption and national poverty lines generates an international poverty line that is substantially higher than $1.25 a day.

Suggested Citation

  • Friederike Greb & Stephan Klasen & Syamsul Hidayat Pasaribu & Manuel Wiesenfarth, 2011. "Dollar a Day Re-Revisited," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers 91, Courant Research Centre PEG.
  • Handle: RePEc:got:gotcrc:091
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    File URL: http://www2.vwl.wiso.uni-goettingen.de/courant-papers/CRC-PEG_DP_91.pdf
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