Assessing Asset Indices.

The use of asset indices in welfare analysis and poverty targeting is increasing, especially in cases in which data on expenditures are unavailable or hard to collect. We compare alternative approaches to welfare measurement. Our analysis shows that inferences about inequalities in education, health...

Descripción completa

Detalles Bibliográficos
Publicado en:Demography (Springer Nature) Vol. 49; no. 1; pp. 359 - 393
Autores principales: Filmer, Deon, Scott, Kinnon
Formato: Artículo
Publicado: Springer Nature Feb2012
Materias:
Acceso en línea:Ver este registro en EBSCOhost
fields @attributes:
  recordID: 1
pdfLink:
plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=71107420&site=ehost-live
header:
  @attributes:
    shortDbName: ssf
    uiTerm: 71107420
    longDbName: Social Sciences Full Text (H.W. Wilson)
    uiTag: AN
  controlInfo:
    bkinfo:
    jinfo:
      jid:
        00703370
        DEM
      jtl: Demography (Springer Nature)
      issn: 00703370
      maglogo: N
    pubinfo:
      dt: Feb2012
      vid: 49
      iid: 1
      pid: 237
      pub: Springer Nature
    artinfo:
      ui:
        71107420
        10.1007/s13524-011-0077-5
      ppf: 359
      ppct: 34
      formats:
        fmt:
          @attributes:
            type: P
            size: 750KB
      tig:
        atl: Assessing Asset Indices.
      aug:
        au:
          Filmer, Deon
          Scott, Kinnon
        affil: Development Research Group, The World Bank, 1818 H St. NW Washington, DC 20433 USA
      su:
        Consumption (Economics)
        Poverty research
        Welfare economics
        Labor market
        Child mortality
        Assets (Accounting)
        Human Development Index
      sug:
        subj:
          Consumption (Economics)
          Poverty research
          Welfare economics
          Labor market
          Child mortality
          Assets (Accounting)
          Human Development Index
      keyword:
        Assets
        Human development
        Inequality
        Poverty measurement
        Welfare
        Assets
        Human development
        Inequality
        Poverty measurement
        Welfare
      ab: The use of asset indices in welfare analysis and poverty targeting is increasing, especially in cases in which data on expenditures are unavailable or hard to collect. We compare alternative approaches to welfare measurement. Our analysis shows that inferences about inequalities in education, health care use, fertility, and child mortality, as well as labor market outcomes, are quite robust to the economic status measure used. Different measures-most significantly per capita expenditures versus the class of asset indices-do not, however, yield identical household rankings. Two factors stand out in predicting the degree of congruence in rankings. First is the extent to which expenditures can be explained by observed household and community characteristics. Rankings are most similar in settings with small transitory shocks to expenditure or with little random measurement error in expenditure. Second is the extent to which expenditures are dominated by individually consumed goods, such as food. Asset indices are typically derived from indicators of goods that are effectively public at the household level, while expenditures are often dominated by food, an almost exclusively private good. In settings in which individually consumed goods are the main component of expenditures, asset indices and per capita consumption yield the least similar results.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
    refInfo:
    copyright:
      @attributes:
        flag: N
    holdings:
      @attributes:
        islocal: N