Prices for Poverty Analysis in Africa

Gaddis, Isis

Prices for Poverty Analysis in Africa

2016

Gaddis, Isis

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.

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AGROVOC Keywords

brand brands commerce consumer prices cost of living deflation demand demand functions distribution drought expenditure food consumption food crops food prices household budget household consumption household surveys income income distribution inflation market prices market surveys marketing markets nutrition poverty poverty reduction price indices prices pricing products purchasing retail rural areas rural communities rural poverty sales social security stocks supply targeting wholesale prices

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Other Subjects

Poverty assessments; Price; Rural; Common market; Absolute poverty; Household welfare; Global poverty; Rural poverty lines; Poverty line; Cost increase; Price increases; Food items; Food product; Poverty measures; Poverty comparisons; Poor households; Poverty update; Price indexes; Household living standards; Retail stores; Market survey; Market; Food price; Rural differences; Price variations; Price change; National poverty lines; Household demographics; Price quotation; Poverty analysis; Food poverty line; Product; Food poverty; Poverty rates; Consumer price inflation; Price inflation; Poverty estimates; Poor; Economic effects; Measures; Poverty profile; Poverty dynamics; Consumer price index; Market integration; Indexation; Food basket; National poverty line; Rural migration; Poverty_analysis; Price comparison; Inequality; Consumer price; Cereal prices; Price trends; Poverty reduction strategy paper; Price adjustment; Value; Price comparisons; Substitutes; Conflict; Substitute; Rural districts; Food policy; Price increase; National poverty; Poverty measurement; Political economy; Post-reform; Poverty levels; Market information; Household survey; Housing market; Substitution; Standard of living; Price level; Poverty lines; Poor people; Consumer price indices; Input prices; Price variation; Technical assistance; Price changes; International poverty lines; Price quotations; Market price; Price levels; Average price; Demand analysis; Price adjustments; Expenditures; Price index; Poverty assessment; Income effects; International poverty line; Poverty reduction strategy; Poverty status; Rural prices; Rural households

Language

English

In AGRIS since: 2021-06-15

Format: AGRIS AP

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http://hdl.handle.net/10986/24226

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Prices for Poverty Analysis in Africa

2016

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