Measuring aggregate welfare in developing countries - How well do national accounts and surveys agree?

About

Countries

Data & Research

Learning

News

Projects & Operations

Publications

Topics

Home > Data & Research > Research > Author Profile > Report Details

Measuring aggregate welfare in developing countries - How well do national accounts and surveys agree?, Volume 1

Author:	Ravallion, Martin;	Collection Title:	Policy, Research working paper ; no. WPS 2665
Country:	Europe and Central Asia;	Date Stored:	2001/10/05
Document Date:	2001/08/31	Document Type:	Policy Research Working Paper
Language:	English	Major Sector:	(Historic)Economic Policy
Region:	Europe and Central Asia	Report Number:	WPS2665
Sub Sectors:	Other Economic Policy	SubTopics:	Environmental Economics & Policies; Achieving Shared Growth; Governance Indicators; Social Analysis; Economic Theory & Research; Economic Conditions and Volatility; Inequality; Statistical & Mathematical Sciences
Volume No:	1

Summary: In a data set for developing, and transition economies, the author finds that private consumption per capita, based on national accounts, deviates on average from mean household income, or expenditure based on national sample surveys. Growth rates also differ systematically, so that the ratio of the survey mean to the national accounts mean, tends to fall over time. But there are revealing exceptions to these general findings. The aggregate difference in the levels is due more to income surveys, than to expenditure surveys. And there are strong regional effects; for example, the severe data problems in the transition economies of Eastern Europe, and Central Asia, means that there is negligible correlation in that region, between growth rates from national accounts, and those from household surveys.


Official Documents Official, scanned versions of documents (may include signatures, etc.)
File Type		Description	File Size (mb)

	PDF 30 pages	Official version*	2.1 (approx.)
	Text	Text version**


Light-Weight Documents Lighter (less MB) documents which may or may not be the final, official version
File Type		Description	File Size (mb)

	PDF 25 pages	WPS2665	0.06

* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.

** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.

Permanent URL for this page: http://go.worldbank.org/IZPNWCCCJ0