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Title: | A New Regional Price Index for Cote d'Ivoire Using Data from the International Comparisons Project |
Authors: | Kanbur, Ravi![]() Grootaert, Christiaan ![]() |
Year: | 1994 |
Periodical: | Journal of African Economies |
Volume: | 3 |
Issue: | 1 |
Period: | April |
Pages: | 114-141 |
Language: | English |
Geographic term: | Ivory Coast - Côte d'Ivoire |
Subjects: | consumer prices Economics and Trade |
External link: | https://jae.oxfordjournals.org/content/3/1/114.full.pdf |
Abstract: | This paper develops a regional price index for Côte d'Ivoire building on the strengths of two independent data sources - the Living Standards Survey and the International Comparisons Project. In 1985, the latter collected a wealth of information on prices across the country but did not collect any information on expenditure patterns of households or other socioeconomic data. The former collected detailed information on household incomes, expenditure, employment, etc., but its coverage of prices left much to be desired. The authors bring these two sources together to produce a regional price index that they would argue to be superior to previous estimates based solely on the Living Standards Survey. The procedures followed will be of interest to practitioners faced with similar data shortcomings, particularly when working on Africa. But it is also shown that this is no mere statistical exercise - using the new price index can have a significant effect on evaluations of poverty in Côte d'Ivoire. The new price information is also used to construct disaggregated indices by commodity category and by poverty group. App., note, sum. |