Open AccessCost of Living Indexes for Rural Labourers in Pakistan
Author(s) -
M. Ghaffar Chaudhry,
Mumtaz Anwar Chaudhry
Publication year - 1974
Publication title -
pakistan development review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.154
H-Index - 26
ISSN - 0030-9729
DOI - 10.30541/v13i1pp.26-39
Subject(s) - cost of living , consumer price index (south africa) , index (typography) , price index , inflation (cosmology) , economics , rural area , poverty , standard of living , rural poverty , demographic economics , agricultural economics , socioeconomics , economic growth , econometrics , macroeconomics , medicine , monetary policy , market economy , physics , pathology , world wide web , computer science , theoretical physics
The purpose of this paper is to provide estimates of thechanges in the cost of living for rural labourers during the period1966/67 to 1973. It is well known that throughout this period, andparticularly in the recent years, prices have been rising. The CentralStatistical Office (CSO) publishes consumer price indices for urbanworkers, but no index for rural workers is available. Thus, it is notknown whether inflation has affected rural and urban workers uniformly.If changes in the cost of living have been different, then separateprice indexes must be used in estimating the real income levels of thetwo groups. As development policies in Pakistan are increasingly aimedat alleviating poverty in the rural sector, the need for a separateprice index applicable to rural labourers becomes obvious.