Directrices Para Construir Agregados de Consumo Para Analizar el Bienestar (Lsms Working Paper)

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9780821349915: Directrices Para Construir Agregados de Consumo Para Analizar el Bienestar (Lsms Working Paper)
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Poverty is a complex issue involving multiple aspects of deprivation, of which the lack of goods and services is only one. There is, however, consensus on the importance of using a consumption aggregate as a summary measure of living standards. Despite the widespread use of consumption aggregates, there are few guidelines on how to construct consumption aggregates from survey data. This book presents a review of the theoretical framework fundamental to the use of the consumption aggregate as a welfare measure. It offers some practical guidelines and outlines a three-part procedure for constructing a consumption-based measure of individual welfare. This book contains examples based on survey data from Ghana, Vietnam, Nepal, the Kyrgyz Republic, Ecuador, South Africa, Panama, and Brazil.

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