Poverty in India over the last decade
Material type:
TextPublication details: Economic and Political Weekly; 2024Description: 60-64Subject(s): Online resources: Summary: The release of microdata from the Household Consumption Expenditure Survey (2022-23) now allows evaluation of methodological advances on nowcasting poverty developed over the last decade. A key issue raised has been the difficulty in the use of national accounts consumption growth as a measure of survey consumption growth, with many using non-standard data sets provided by private sector while others developing imputation-based approaches using other NSSO surveys. Forecast errors provide a useful evaluation technique for these advances. The simple approach of using consumption growth from national accounts outperforms each of these methods and does so in a significant manner.
| Item type | Current library | Vol info | Status | Barcode | |
|---|---|---|---|---|---|
Article Index
|
Dr VKRV Rao Library | Vol. 59, No. 28 | Not for loan | AI342 |
The release of microdata from the Household Consumption Expenditure Survey (2022-23) now allows evaluation of methodological advances on nowcasting poverty developed over the last decade. A key issue raised has been the difficulty in the use of national accounts consumption growth as a measure of survey consumption growth, with many using non-standard data sets provided by private sector while others developing imputation-based approaches using other NSSO surveys. Forecast errors provide a useful evaluation technique for these advances. The simple approach of using consumption growth from national accounts outperforms each of these methods and does so in a significant manner.
There are no comments on this title.