Assessing Asset Indices

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dc.creatorScott, Kinnon
dc.creatorFilmer, Deon
dc.date2012-05-31T18:20:50Z
dc.date2012-05-31T18:20:50Z
dc.date2008-04
dc.date.accessioned2026-07-01T01:11:31Z
dc.descriptionThis paper compares how results using various methods to construct asset indices match results using per capita expenditures. The analysis shows that inferences about inequalities in education, health care use, fertility, child mortality, as well as labor market outcomes are quite robust to the specific economic status measure used. The measures-most significantly per capita expenditures versus the class of asset indices-do not, however, yield identical household rankings. Two factors stand out in predicting the degree of congruence in rankings between per capita expenditures and an asset index. First is the extent to which per capita expenditures can be explained by observed household and community characteristics. In settings with small transitory shocks to expenditure, or with little measurement error in expenditure, the rankings yielded by the alternative approaches are most similar. Second is the extent to which expenditures are dominated by individually consumed goods such as food. Asset indices are typically derived from indicators of goods which are effectively public at the household level, while expenditures are often dominated by food, an almost exclusively private good. In settings where private goods such as food are the main component of expenditures, asset indices and per capita consumption yield the least similar results, although adjusting for economies of scale in household expenditures reconciles the results somewhat.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2008/04/9373236/assessing-asset-indices
dc.identifierhttps://hdl.handle.net/10986/6764
dc.identifierhttps://doi.org/10.1596/1813-9450-4605
dc.identifier.urihttp://hdl.handle.net/123456789/415972
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper No. 4605
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCOUNTING
dc.subjectADULT LITERACY
dc.subjectADULT POPULATION
dc.subjectAFFILIATED ORGANIZATIONS
dc.subjectALTERNATIVE ASSET
dc.subjectANTENATAL CARE
dc.subjectASSET OWNERSHIP
dc.subjectASSETS
dc.subjectBANK POLICY
dc.subjectBASIC EDUCATION
dc.subjectBUDGETARY ALLOCATIONS
dc.subjectCARE FOR CHILDREN
dc.subjectCASH TRANSFERS
dc.subjectCHILD DEVELOPMENT
dc.subjectCHILD HEALTH
dc.subjectCHILD MORTALITY
dc.subjectCHILD SURVIVAL
dc.subjectCOLLECTIVE ACTION
dc.subjectCOMMUNITY HEALTH
dc.subjectCONSUMER DURABLE
dc.subjectCONSUMER DURABLES
dc.subjectCONSUMPTION EXPENDITURES
dc.subjectCULTURAL CHANGE
dc.subjectDEMAND FOR FOOD
dc.subjectDEMOGRAPHIC CHARACTERISTICS
dc.subjectDEMOGRAPHIC COMPOSITION
dc.subjectDEPENDENCY RATIO
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDISABILITY
dc.subjectDISCRIMINATION
dc.subjectDRINKING WATER
dc.subjectDUMMY VARIABLES
dc.subjectDURABLE ASSETS
dc.subjectDURABLE GOODS
dc.subjectDURABLES
dc.subjectEARLY CHILDHOOD
dc.subjectECONOMIC COOPERATION
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC STATUS
dc.subjectECONOMIC TRANSITION
dc.subjectECONOMIES OF SCALE
dc.subjectEDUCATIONAL ATTAINMENT
dc.subjectELDERLY
dc.subjectENROLLMENT
dc.subjectENROLLMENTS
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXTREME POVERTY
dc.subjectFERTILITY
dc.subjectGENDER
dc.subjectGENDER INEQUALITY
dc.subjectHEAD OF HOUSEHOLD
dc.subjectHEALTH CARE
dc.subjectHEALTH CARE USE
dc.subjectHEALTH ECONOMICS
dc.subjectHEALTH EXPENDITURES
dc.subjectHEALTH FACILITIES
dc.subjectHEALTH OUTCOMES
dc.subjectHEALTH POLICY
dc.subjectHEALTH SERVICE
dc.subjectHEALTH SERVICE UTILIZATION
dc.subjectHEALTH SERVICES
dc.subjectHEALTH STATUS
dc.subjectHEALTH SYSTEM
dc.subjectHEALTH SYSTEM PERFORMANCE
dc.subjectHOLDING
dc.subjectHOSPITAL
dc.subjectHOUSEHOLD ASSETS
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSEHOLD INVESTMENTS
dc.subjectHOUSEHOLD LEVEL
dc.subjectHOUSEHOLD POVERTY
dc.subjectHOUSEHOLD SIZE
dc.subjectHOUSEHOLD SURVEYS
dc.subjectHOUSEHOLD WEALTH
dc.subjectHOUSEHOLDS
dc.subjectHUMAN DEVELOPMENT
dc.subjectHUMAN RESOURCES
dc.subjectILLITERATE ADULTS
dc.subjectILLNESS
dc.subjectIMMUNIZATIONS
dc.subjectINCIDENCE OF POVERTY
dc.subjectINEQUALITIES
dc.subjectINEQUALITY
dc.subjectINEQUITIES
dc.subjectJOURNAL OF EPIDEMIOLOGY
dc.subjectLABOR FORCE
dc.subjectLABOR FORCE PARTICIPATION
dc.subjectLABOR MARKET
dc.subjectLABOR MARKETS
dc.subjectLAND OWNERSHIP
dc.subjectLEVEL OF MORTALITY
dc.subjectLEVELS OF EDUCATION
dc.subjectLIVING CONDITIONS
dc.subjectLIVING STANDARD
dc.subjectLIVING STANDARDS
dc.subjectMALARIA
dc.subjectMEASLES
dc.subjectMEASLES IMMUNIZATION
dc.subjectMEDICAL CARE
dc.subjectMEDICAL FACILITY
dc.subjectMILLENNIUM DEVELOPMENT GOALS
dc.subjectNUMBER OF BIRTHS
dc.subjectNUMBER OF CHILDREN
dc.subjectNUTRITION
dc.subjectORPHANS
dc.subjectPOLICY RESEARCH
dc.subjectPOLITICAL ECONOMY
dc.subjectPOOR HOUSEHOLDS
dc.subjectPOOR PEOPLE
dc.subjectPOPULATION AND DEVELOPMENT
dc.subjectPOPULATION STUDIES
dc.subjectPRIMARY SCHOOL
dc.subjectPRIVATE FUNDING
dc.subjectPROGRESS
dc.subjectPUBLIC SERVICES
dc.subjectRADIO
dc.subjectRURAL AREAS
dc.subjectRURAL RESIDENCE
dc.subjectSANITATION
dc.subjectSELF EMPLOYMENT
dc.subjectSERVICE DELIVERY
dc.subjectSERVICE PROVIDERS
dc.subjectSERVICE QUALITY
dc.subjectSERVICE UTILIZATION
dc.subjectSEX
dc.subjectSHOCKS TO INCOME
dc.subjectSMALLER HOUSEHOLDS
dc.subjectSOCIAL FUNDS
dc.subjectSOCIAL IMPACT
dc.subjectSOCIAL PROGRAMS
dc.subjectSOCIAL SCIENCE
dc.subjectSOCIAL SECTOR
dc.subjectSOCIOECONOMIC INEQUALITIES
dc.subjectSOCIOECONOMIC STATUS
dc.subjectSOURCE OF DRINKING WATER
dc.subjectSTATEMENTS
dc.subjectTELEVISION
dc.subjectTRANSITION ECONOMIES
dc.subjectURBAN AREAS
dc.subjectURBAN POVERTY
dc.subjectURBANIZATION
dc.subjectUSE OF HEALTH SERVICES
dc.subjectVALUE OF ASSETS
dc.subjectVULNERABILITY
dc.subjectWEALTH EFFECTS
dc.subjectWORLD HEALTH ORGANIZATION
dc.subjectYIELD
dc.subjectYOUNG CHILDREN
dc.titleAssessing Asset Indices

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