Are Unit Values Reliable Proxies for Prices ? Implications of Better Price Data for Household Consumption Measurement in a Low-Income Context (English)

Household Consumption and Expenditure Surveys are key to consumption-based monetary poverty measurement. In the absence of market price surveys that are linked to Household Consumption and Expenditure Surveys, unit values are used as proxies for market prices in estimating nominal consumption aggregates, price deflators, poverty lines, and poverty statistics. This practice relies on the Hicksian separability assumption: within-commodity group relative...
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Citation

Alimi,Omoniyi Babatunde; Vundru,Wilbert Drazi; Kilic,Talip.

Are Unit Values Reliable Proxies for Prices ? Implications of Better Price Data for Household Consumption Measurement in a Low-Income Context (English). Policy Research working paper ; no. WPS 10698; LSMS; PEOPLE; RRR Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099523402082423712

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