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The Valuation Of Non-Monetary Consumption

  • Christophe Muller

    ()

    (Universidad de Alicante)

Many social indicators are based on household consumption information. The valuation of non-monetary operations is crucial for the analysis of consumption surveys in developing countries because of the importance of own-consumption and transfers in kind. What are the price statistics used in the valuation of consumption indicators? How is the available price information exploited to produce consumption indicators? How can the different steps of the valuation process be analysed? We explore these questions by presenting the valuation method for the consumption used in rural Rwanda for the 1983 consumption survey, and by proposing a general model of valuation algorithm. This is useful not only for improving such algorithms, but also for assessing the impact of the valuation process on economic analyses.

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File URL: http://www.ivie.es/downloads/docs/wpasad/wpasad-2004-10.pdf
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Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie AD with number 2004-10.

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Length: 19 pages
Date of creation: Mar 2004
Date of revision:
Publication status: Published by Ivie
Handle: RePEc:ivi:wpasad:2004-10
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  1. Christophe Muller, 1992. "Estimation des consommations de producteurs agricoles d'Afrique centrale," Économie et Prévision, Programme National Persée, vol. 105(4), pages 17-34.
  2. Deaton, A., 1988. "Price Elasticities From Survey Data: Extensions And Indonesian Results," Papers 138, Princeton, Woodrow Wilson School - Development Studies.
  3. Philipson, Tomas, 1997. "Data Markets and the Production of Surveys," Review of Economic Studies, Wiley Blackwell, vol. 64(1), pages 47-72, January.
  4. von Braun, Joachim & Haen, Hartwig de & Blanken, Juergen, 1991. "Commercialization of agriculture under population pressure: effects on production, and nutrition in Rwanda," Research reports 85, International Food Policy Research Institute (IFPRI).
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