Poverty-Specific Purchasing Power Parities in Africa
The paper revisits the issue of poverty-specific purchasing power parities (PPPs), using the most recent (2011) International Comparison Program (ICP) results. The World Bank's global poverty count uses a common international poverty line -- c...
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Online Access: | http://documents.worldbank.org/curated/en/271051500404610210/Poverty-specific-purchasing-power-parities-in-Africa http://hdl.handle.net/10986/27956 |
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okr-10986-279562021-06-08T14:42:48Z Poverty-Specific Purchasing Power Parities in Africa Dikhanov, Yuri Hamadeh, Nada Vigil-Oliver, William Degefu, Tefera B. Song, Inyoung PURCHASING POWER PARITIES PPPs PRICE INDICES POVERTY MEASUREMENT The paper revisits the issue of poverty-specific purchasing power parities (PPPs), using the most recent (2011) International Comparison Program (ICP) results. The World Bank's global poverty count uses a common international poverty line -- currently $1.90 at 2011 international prices—based on the ICP PPPs for consumption. The use of these PPPs is often criticized for two reasons. First, the ICP PPPs are based on patterns of aggregate household consumption, not the consumption of the poor. Second, the basket of goods and services used for collecting prices for the ICP is not poverty specific. On the first issue, using data from 28 African countries, the paper concludes that the poverty-specific PPPs estimated with household expenditure survey weights are very similar to the ICP PPPs. On the second issue, poverty-specific PPPs were estimated after removing items deemed to be irrelevant for the poor. The overall effect of removing these items from consumption PPPs is shown to be negligible. 2017-08-24T19:53:02Z 2017-08-24T19:53:02Z 2017-07 Working Paper http://documents.worldbank.org/curated/en/271051500404610210/Poverty-specific-purchasing-power-parities-in-Africa http://hdl.handle.net/10986/27956 English en_US Policy Research Working Paper;No. 8150 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Africa |
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English en_US |
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PURCHASING POWER PARITIES PPPs PRICE INDICES POVERTY MEASUREMENT |
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PURCHASING POWER PARITIES PPPs PRICE INDICES POVERTY MEASUREMENT Dikhanov, Yuri Hamadeh, Nada Vigil-Oliver, William Degefu, Tefera B. Song, Inyoung Poverty-Specific Purchasing Power Parities in Africa |
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Africa |
relation |
Policy Research Working Paper;No. 8150 |
description |
The paper revisits the issue of
poverty-specific purchasing power parities (PPPs), using the
most recent (2011) International Comparison Program (ICP)
results. The World Bank's global poverty count uses a
common international poverty line -- currently $1.90 at 2011
international prices—based on the ICP PPPs for consumption.
The use of these PPPs is often criticized for two reasons.
First, the ICP PPPs are based on patterns of aggregate
household consumption, not the consumption of the poor.
Second, the basket of goods and services used for collecting
prices for the ICP is not poverty specific. On the first
issue, using data from 28 African countries, the paper
concludes that the poverty-specific PPPs estimated with
household expenditure survey weights are very similar to the
ICP PPPs. On the second issue, poverty-specific PPPs were
estimated after removing items deemed to be irrelevant for
the poor. The overall effect of removing these items from
consumption PPPs is shown to be negligible. |
format |
Working Paper |
author |
Dikhanov, Yuri Hamadeh, Nada Vigil-Oliver, William Degefu, Tefera B. Song, Inyoung |
author_facet |
Dikhanov, Yuri Hamadeh, Nada Vigil-Oliver, William Degefu, Tefera B. Song, Inyoung |
author_sort |
Dikhanov, Yuri |
title |
Poverty-Specific Purchasing Power Parities in Africa |
title_short |
Poverty-Specific Purchasing Power Parities in Africa |
title_full |
Poverty-Specific Purchasing Power Parities in Africa |
title_fullStr |
Poverty-Specific Purchasing Power Parities in Africa |
title_full_unstemmed |
Poverty-Specific Purchasing Power Parities in Africa |
title_sort |
poverty-specific purchasing power parities in africa |
publisher |
World Bank, Washington, DC |
publishDate |
2017 |
url |
http://documents.worldbank.org/curated/en/271051500404610210/Poverty-specific-purchasing-power-parities-in-Africa http://hdl.handle.net/10986/27956 |
_version_ |
1764466224961421312 |