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The Global Consumption and Income Project (GCIP): An Overview

Author

Listed:
  • Rahul Lahoti

    (Department of Economics, Georg-August-Universität)

  • Arjun Jayadev

    (Department of Economics, University of Massachusetts, Boston)

  • Sanjay Reddy

    (Department of Economics, New School for Social Research)

Abstract

We introduce two separate datasets (The Global Consumption Dataset (GCD) and The Global Income Dataset (GID)) making possible an unprecedented portrait of consumption and income of persons over time, within and across countries, around the world. The benchmark version of the dataset presents estimates of monthly real consumption and income for every percentile of the population (a ‘consumption/income profile’) for 158 countries and more than half a century (1960-2015). We describe the construction of the datasets and demonstrate possible uses by presenting some sample results concerning the distribution of consumption, poverty and inequality in the world.

Suggested Citation

  • Rahul Lahoti & Arjun Jayadev & Sanjay Reddy, 2014. "The Global Consumption and Income Project (GCIP): An Overview," Working Papers 1402, New School for Social Research, Department of Economics, revised Mar 2016.
    • Handle: RePEc:new:wpaper:1402
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    More about this item

    Keywords

    Consumption; Income; Growth; Global Income Distribution; Poverty; Inclusive Growth; Inequality;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • C80 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - General
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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