Abstract

Private consumption capabilities form only one facet of comprehensive living standards assessments, but they are an important facet whose measurement should be done well. Measurement is complex due to a multitude of methodological choices, which often interact with imperfect data and a desire for comparability through time. This chapter outlines ideas underpinning these choices with particular attention to the tensions between consistency and specificity. It also highlights a series of limitations associated with typical cost of basic needs approaches. Finally, it reaffirms that a ‘sensibly eclectic’ approach, employing multiple methods, is the best available mode for addressing these limitations. A first fundamental choice is whether to estimate an absolute poverty line at all. Consumption-based poverty metrics provide only a partial view into the welfare of individuals or households, which may or may not accord with other important facets of welfare.
OriginalsprogEngelsk
TitelMeasuring Poverty and Wellbeing in Developing Countries
RedaktørerChanning Arndt, Finn Tarp
ForlagOxford University Press
Publikationsdato2017
Sider10-23
Kapitel2
ISBN (Trykt)9780198744801
DOI
StatusUdgivet - 2017

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