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Mismeasured Household Size and its Implications for the Identification of Economies of Scale *
Author(s) -
Halliday Timothy J.
Publication year - 2010
Publication title -
oxford bulletin of economics and statistics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.131
H-Index - 73
eISSN - 1468-0084
pISSN - 0305-9049
DOI - 10.1111/j.1468-0084.2009.00570.x
Subject(s) - econometrics , construct (python library) , economics , identification (biology) , scale (ratio) , point (geometry) , measure (data warehouse) , observational error , degree (music) , demographic economics , geography , mathematics , computer science , botany , geometry , cartography , physics , database , acoustics , biology , programming language
We consider the possibility that demographic variables are measured with errors which arise because household surveys measure demographic structures at a point‐in‐time, whereas household composition evolves throughout the survey period. We construct and estimate sharp bounds on household size and find that the degree of these measurement errors is non‐trivial. These errors have the potential to resolve the Deaton–Paxson paradox, but fail to do so.