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The Global Consumption and Income Project (GCIP): An Introduction and Preliminary Findings

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  • Rahul Lahoti
  • Arjun Jayadev
  • Sanjay G. Reddy

Abstract

We introduce two separate datasets (The Global Consumption Dataset (GCD) and The Global Income Dataset (GID)) containing 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 in PPP units of monthly real consumption and income for every decile of the population (a ‘consumption/income profile’) for 133 countries and more than half a century (1960-2012). We describe the construction of the datasets and demonstrate some possible uses by presenting preliminary results concerning the consumption distribution, poverty and inequality for the world and specific country aggregates.

Suggested Citation

  • Rahul Lahoti & Arjun Jayadev & Sanjay G. Reddy, 2015. "The Global Consumption and Income Project (GCIP): An Introduction and Preliminary Findings," Working Papers 140, United Nations, Department of Economics and Social Affairs.
    • Handle: RePEc:une:wpaper:140
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    Cited by:

    1. Francisco G. Ferreira & Nora Lustig & Daniel Teles, 2015. "Appraising cross-national income inequality databases: An introduction," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 13(4), pages 497-526, December.
    2. Collin Constantine, 2020. "A Community Divided: Top Incomes in CARICOM Member States," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 32(3), pages 738-758, July.
    3. Arjun Jayadev & Rahul Lahoti & Sanjay G. Reddy, 2015. "Who Got What, Then and Now? A Fifty Year Overview from the Global Consumption and Income Project," Working Papers 2015_04, University of Massachusetts Boston, Economics Department.
    4. Cornia Giovanni Andrea, 2018. "Eradicating Poverty by the Year 2030: Implications for Income Inequality, Population Policies, Food Prices (and Faster Growth?)," Journal of Globalization and Development, De Gruyter, vol. 9(2), pages 1-21, December.
    5. Arief Anshory Yusuf & Andy Sumner, 2017. "Multidimensional poverty in Indonesia: How inclusive has economic growth been?," Departmental Working Papers 2017-09, The Australian National University, Arndt-Corden Department of Economics.
    6. Florian Dorn, 2016. "On Data and Trends in Income Inequality around the World," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 14(4), pages 54-64, December.
    7. Peter Edward & Andy Sumner, 2015. "New estimates of global poverty and inequality: How much difference do price data," Working Papers 365, ECINEQ, Society for the Study of Economic Inequality.
    8. Giovanni Andrea Cornia, 2018. "Eradicating poverty by 2030: Implications for Income Inequality, Population Policies, Food Prices (and Faster Growth?)," CDP Background Papers 040, United Nations, Department of Economics and Social Affairs.
    9. repec:ces:ifodic:v:14:y:2016:i:4:p:19267790 is not listed on IDEAS
    10. Ekaterina Arapova, 2018. "Determinants Of Household Final Consumption Expenditures In Asian Countries: A Panel Model, 1991-2015," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 18(1), pages 121-140.
    11. Arief Anshory Yusuf & Andy Sumner, 2015. "Growth, Poverty, and Inequality under Jokowi," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 51(3), pages 323-348, December.
    12. Arjun Jayadev & Rahul Lahoti & Sanjay G. Reddy, 2015. "The Middle Muddle: Conceptualizing and Measuring the Global Middle Class," Working Papers 2015_06, University of Massachusetts Boston, Economics Department.
    13. Bettarelli, Luca & Estefania-Flores, Julia & Furceri, Davide & Loungani, Prakash & Pizzuto, Pietro, 2023. "Energy inflation and consumption inequality," Energy Economics, Elsevier, vol. 124(C).
    14. Amita Majumder & Ranjan Ray & Sattwik Santra, 2016. "Global and Country Poverty Rates, Welfare Rankings of the Regions and Purchasing Power Parities: How Robust Are the Results?," Monash Economics Working Papers 11-16, Monash University, Department of Economics.
    15. Ranjan Ray & Parvin Singh, 2019. "Income Inequality in an Era of Globalisation: The Perils of Taking a Global View," Monash Economics Working Papers 08-19, Monash University, Department of Economics.
    16. Florian Dorn, 2016. "On Data and Trends in Income Inequality around the World," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 14(04), pages 54-64, December.
    17. Hoi Wai Jackie Cheng, 2020. "Economic properties of data and the monopolistic tendencies of data economy: policies to limit an Orwellian possibility," Working Papers 164, United Nations, Department of Economics and Social Affairs.

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    More about this item

    Keywords

    Consumption; Growth; Global Income Distribution; Global 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
    • 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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