Asset indexes and the measurement of poverty, inequality and welfare in Southeast Asia

Joseph Deutsch, Jacques Silber, Guanghua Wan and Mengxue Zhao

Journal of Asian Economics, 2020, vol. 70, issue C

Abstract: Using data on household consumer durables from the Asian Barometer Survey, this paper examines the evolution of inequality, poverty and welfare in six countries of South East Asia: Cambodia, Indonesia, Malaysia, the Philippines, Thailand and Vietnam. We start by deriving the most common order of acquisition of these durables, using first an algorithm proposed by Paroush (1965), and then Item Response Theory. We also compute the frequency distribution of the number of durables owned by households. We then use these results to compute inequality, poverty and achievement or welfare indices adapted to the case of ordinal variables.

Keywords: Achievement or welfare indices; Asset indices; Counting approach; Item response theory; Multidimensional poverty; Order of acquisition of durable goods; Ordinal inequality (search for similar items in EconPapers)
JEL-codes: D31 I31 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:asieco:v:70:y:2020:i:c:s1049007820301007

DOI: 10.1016/j.asieco.2020.101220

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