Introducing the Adequate Housing Index : A New Approach to Estimate the Adequate Housing Deficit within and across Emerging Economies
This paper introduces a micro-founded methodological framework to estimate the housing deficit across and within emerging economies. It introduces the Adequate Housing Index, which provides a comparable assessment of adequate housing based on seven...
| Main Authors: | , , , , , |
|---|---|
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/undefined/370141635794493951/Introducing-the-Adequate-Housing-Index-AHI-A-New-Approach-to-Estimate-the-Adequate-Housing-Deficit-within-and-across-Emerging-Economies http://hdl.handle.net/10986/36481 |
| Summary: | This paper introduces a micro-founded
methodological framework to estimate the housing deficit
across and within emerging economies. It introduces the
Adequate Housing Index, which provides a comparable
assessment of adequate housing based on seven adequacy
dimensions that are held constant across all countries. The
adequacy dimensions were obtained and harmonized from
countries’ most recent household expenditure and consumption
surveys. The paper documents large differences in housing
adequacy across a sample of 64 emerging economies, as well
as wide within-country disparities such as across income
groups, locations, and occupations. Estimates of the
Adequate Housing Index show that across the sample of 64
emerging economies, there is a current housing deficit of
268 million housing units affecting 1.26 billion people.
About 26 percent of the current housing stock in these
economies is inadequate. The paper further estimates that at
least 40 million additional housing units will have to be
added by 2030 to provide adequate housing to all and
accommodate the growing population and urbanization patterns. |
|---|