Skip to Main Navigation

Prices for poverty analysis in Africa (English)

Measuring poverty requires adjusting nominal consumption (or income) into a real value of consumption, across geographic areas and over time. To this end, data on consumer prices are used to construct a price index. There are a range of approaches to do this, from using the consumer price index, to survey-based unit values, which differ in the underlying sources of price data and methodologies for indexing. These different approaches can have large impacts on poverty measures and trends. Surprisingly little attention has been focused on this topic. This study reviews a range of issues and the evidence on how prices matter for measuring poverty, particularly in Africa. It draws on a wide literature, much from developed countries, and offers suggestions for future work in this area.

Details

  • Author

    Gaddis,Isis

  • Document Date

    2016/04/26

  • Report Number

    WPS7652

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Africa,

  • Region

    Africa,

  • Disclosure Date

    2016/04/26

  • Disclosure Status

    Disclosed

  • Doc Name

    Prices for poverty analysis in Africa

  • Keywords

    price index;consumer price;income expenditure;fixed basket of good;cost of living;market price;price change;standard of living;household survey;international poverty line;consumer price index;analysis of poverty;Poverty Measurement;price quotation;nonfood item;rural area;national poverty estimates;rate of inflation;information about price;social security benefit;relative price change;rural price index;information on price;absolute poverty line;national household survey;prices for service;purchasing power parity;impact on poverty;estimation of poverty;national poverty rate;components of consumption;temporal price index;data collection strategy;spatial price index;social security payment;urban food prices;per capita expenditure;mobile phone service;regional price difference;cost of transport;Food Price Index;increase in labor;measurement error;price adjustment;empirical evidence;geographic coverage;measuring poverty;urban bias;local market;poverty trend;alternative measure;price variation;inflation adjustment;weighted average;market survey;missing value;statistical agency;Poverty Analysis;staple food;substitution effect;spatial variation;Learning and Innovation Credit;econometric technique;rural district;DEC Survey Unit;tradable sector;probability sampling;income effect;market integration;opinion survey;academic study;geographical coverage;nominal poverty;input price;budget share;rural food;implicit price;local resident;base year;logistical difficulties;african population;retail outlet;nominal price;price level;consumption datum;real value;product specification;living standard;global poverty;retail store;monetary policy;poor household;external condition;increasing share;current consumption;market information;base period;absolute definition;labor productivity;household questionnaire;food good;aggregation process;public good;collected data;air time;quality improvement;empirical literature;regional market;food commodity;hedonic estimation;price reduction;quantity discounts;environmental factor;Public Goods;utility function;cereal price;private good;consumer preference;wholesale price;inflation rate;functional form;subsistence agriculture;consumption pattern;enumeration area;common market;common problems;interlinked transactions;root crop;price surveys;food product;average price;relative weight;price effect;urban household;package goods;urban price;theoretical model;wage increase;purchase transaction;white maize;raw food;price gap;price trend;rural community;Real estate;large town;welfare consequence;chronological order;urban street;index number;rental payment;national statistical;common currency;price relative;price signal;behavioral response;consumer durable;national practices;ad valorem;marketing margin;consumption measure;geographical area;standard indicator;poverty comparison;price deflator;relative change;geographic area;household consumption;open access;development policy;local area;living cost;regional consumption;analytical techniques;exchange rate;bulk purchase;conversion factor;fire sale;breakfast cereal;real time;experimental work;systematic analysis;processed food;Exchange Rates;

Downloads

COMPLETE REPORT

Official version of document (may contain signatures, etc)

  • Official PDF
  • TXT*
  • Total Downloads** :
  • Download Stats
  • *The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.

Citation

Gaddis,Isis

Prices for poverty analysis in Africa (English). Policy Research working paper,no. WPS 7652 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/708771468179664557/Prices-for-poverty-analysis-in-Africa