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Development and the Distribution of Living Standards: A Critique of the Evolving Data Base
Author(s) -
Pyatt Graham
Publication year - 2003
Publication title -
review of income and wealth
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.024
H-Index - 57
eISSN - 1475-4991
pISSN - 0034-6586
DOI - 10.1111/1475-4991.00091
Subject(s) - standard of living , economics , distribution (mathematics) , poverty , econometrics , income distribution , national accounts , survey data collection , public economics , statistics , inequality , economic growth , macroeconomics , mathematics , mathematical analysis , market economy
Household surveys of the distribution of income and expenditure are discussed in this paper. The potential for non‐sampling errors, effecting both the mean and measures of dispersion, is noted. These errors are shown to result in substantial discrepancies between the survey data and national accounts‐based estimates of the incidence of poverty and trends in living standards. It is argued that the reconciliation of these discrepancies offers the best way forward for improving both types of data.