Premium
What does Variation in Survey Design Reveal about the Nature of Measurement Errors in Household Consumption?
Author(s) -
Gibson John,
Beegle Kathleen,
De Weerdt Joachim,
Friedman Jed
Publication year - 2015
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/obes.12066
Subject(s) - consumption (sociology) , econometrics , economics , observational error , statistics , survey data collection , standard deviation , mathematics , social science , sociology
We randomly assigned eight different consumption surveys to obtain evidence on the nature of measurement errors in estimates of household consumption. Regressions using data from more error‐prone designs are compared with results from a ‘gold standard’ survey. Measurement errors appear to have a mean‐reverting negative correlation with true consumption, especially for food and especially for rural households.