Description: Prices for Poverty Analysis in Africa

Prices for Poverty Analysis in Africa

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...

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Bibliographic Details
Main Author:	Gaddis, Isis
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	HOUSEHOLD SURVEY POVERTY LINE SUBSTITUTION PRICE LEVELS PRICE INCREASES DEMAND FUNCTIONS POVERTY LEVELS DEFLATION SALES INCOME FOOD CONSUMPTION CONSUMER PRICE INDICES POVERTY ESTIMATES POVERTY RATES NATIONAL POVERTY LINE INDEXATION POLITICAL ECONOMY PRICE INDICES FOOD POLICY POST-REFORM ECONOMIC EFFECTS NATIONAL POVERTY DISTRIBUTION POOR PEOPLE PRICING PRICE INTERNATIONAL POVERTY LINES POVERTY REDUCTION STRATEGY PAPER GLOBAL POVERTY POVERTY_ANALYSIS CONFLICT INPUT PRICES INFLATION MARKET INFORMATION MEASURES POVERTY MEASURES NATIONAL POVERTY LINES HOUSEHOLD DEMOGRAPHICS RETAIL PRICE VARIATION POVERTY REDUCTION DEMAND ANALYSIS TECHNICAL ASSISTANCE FOOD BASKET COMMERCE RURAL HOUSEHOLDS BRANDS FOOD POVERTY LINE FOOD PRICE PRODUCTS PRICE QUOTATION COST OF LIVING INTERNATIONAL POVERTY LINE INCOME EFFECTS MARKETING MARKETS POVERTY STATUS HOUSEHOLD SURVEYS SOCIAL SECURITY PRODUCT HOUSING MARKET SUBSTITUTES BRAND POVERTY PROFILE MARKET PRICE PRICE INFLATION FOOD ITEMS PRICE CHANGE COMMON MARKET EXPENDITURE POVERTY LINES SUBSTITUTE RURAL COMMUNITIES PRICE TRENDS POVERTY COMPARISONS WHOLESALE PRICES RURAL MIGRATION COST INCREASE DROUGHT MARKET SURVEYS FOOD POVERTY POVERTY MEASUREMENT PRICE ADJUSTMENTS STANDARD OF LIVING MARKET PRICES PRICE COMPARISONS VALUE RETAIL STORES DEMAND RURAL POVERTY INCOME DISTRIBUTION ABSOLUTE POVERTY PRICE LEVEL CONSUMER PRICE PRICE CHANGES EXPENDITURES POVERTY REDUCTION STRATEGY RURAL POVERTY LINES CONSUMER PRICE INFLATION RURAL PRICES PRICE ADJUSTMENT RURAL AVERAGE PRICE CEREAL PRICES NUTRITION MARKET RURAL DIFFERENCES HOUSEHOLD BUDGET PRICE INCREASE TARGETING STOCKS FOOD CROPS RURAL AREAS POVERTY PRICE QUOTATIONS SUPPLY PURCHASING PRICE COMPARISON HOUSEHOLD CONSUMPTION FOOD PRODUCT MARKET INTEGRATION POVERTY UPDATE CONSUMER PRICE INDEX CONSUMER PRICES POVERTY DYNAMICS RURAL DISTRICTS HOUSEHOLD WELFARE POOR POVERTY ASSESSMENT PRICE VARIATIONS PRICE INDEXES FOOD PRICES PRICE INDEX POVERTY ASSESSMENTS MARKET SURVEY PRICES POVERTY ANALYSIS HOUSEHOLD LIVING STANDARDS INEQUALITY POOR HOUSEHOLDS
Online Access:	http://documents.worldbank.org/curated/en/2016/04/26280299/prices-poverty-analysis-africa http://hdl.handle.net/10986/24226

Description
Summary:	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.

Prices for Poverty Analysis in Africa

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