Linking Representative Household Models with Household Surveys for Poverty Analysis

Linking Representative Household Models with Household Surveys for Poverty Analysis

Author: Pierre-Richard Agenor

Publisher:

Published: 2016

Total Pages: 48

ISBN-13:

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Agenor, Chen, and Grimm compare three approaches to linking macroeconomic models with representative households in terms of their implications for measuring the poverty and distributional effects of poverty reduction strategies. These approaches are a simple micro-accounting method, an extension of that method to account for changes in employment structure, and the Beta distribution approach. Even though in their simulation exercises the three methods do not lead to fundamentally different results in absolute terms, the authors show that potential differences in the measurement of distributional and poverty effects of policy shocks can be very large.This paper - a product of the Global Knowledge and Learning Division, World Bank Institute - is part of a larger effort in the institute to evaluate poverty and the distributional effects of poverty reduction strategies.


Linking Representative Household Models with Household Surveys for Poverty Analysis

Linking Representative Household Models with Household Surveys for Poverty Analysis

Author: Pierre-Richard Ag??nor

Publisher:

Published: 2013

Total Pages:

ISBN-13:

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The authors compare three approaches to linking representative-household macro models with micro household income data in terms of their implications for measuring the poverty and distributional effects of policy shocks. These approaches are a simple micro-accounting method, an extension of that method to account for changes in employment structure, and the Beta distribution approach. Even though in the authors simulation exercises the three methods do not lead to fundamentally different results in absolute terms, they show that potential differences in the measurement of distributional and poverty effects of policy shocks can be very large.


Agricultural Household Models

Agricultural Household Models

Author: Inderjit Singh

Publisher:

Published: 1986

Total Pages: 360

ISBN-13:

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This book presents the basic model of an agricultural household that underlies most of the case studies undertaken so far. The model assumes that households are price-takers and is therefore recursive. The decisions modeled include those affecting production and the demand for inputs and those affecting consumption and the supply of labor. Comparative results on selected elasticities are presented for a number of economies. The empirical significance of the approach is demonstrated in a comparison of models that treat production and consumption decisions separately and those in which the decisionmaking process is recursive. The book summarizes the implications of agricultural pricing policy for the welfare of farm households, marketed surplus, the demand for nonagricultural goods and services, the rural labor market, budget revenues, and foreign exchange earnings. In addition, it is shown that the basic model can be extended in order to explore the effects of government policy on crop composition, nutritional status, health, saving, and investment and to provide a more comprehensive analysis of the effects on budget revenues and foreign exchange earnings. Methodological topics, primarily the data requirements of the basic model and its extensions, along with aggregation, market interaction, uncertainty, and market imperfections are discussed. The most important methodological issues - the question of the recursive property of these models - is also discussed.


Monitoring Global Poverty

Monitoring Global Poverty

Author: World Bank

Publisher: World Bank Publications

Published: 2016-11-28

Total Pages: 176

ISBN-13: 1464809623

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In 2013, the World Bank Group announced two goals that would guide its operations worldwide. First is the eradication of chronic extreme poverty bringing the number of extremely poor people, defined as those living on less than 1.25 purchasing power parity (PPP)†“adjusted dollars a day, to less than 3 percent of the world’s population by 2030.The second is the boosting of shared prosperity, defined as promoting the growth of per capita real income of the poorest 40 percent of the population in each country. In 2015, United Nations member nations agreed in New York to a set of post-2015 Sustainable Development Goals (SDGs), the first and foremost of which is the eradication of extreme poverty everywhere, in all its forms. Both the language and the spirit of the SDG objective reflect the growing acceptance of the idea that poverty is a multidimensional concept that reflects multiple deprivations in various aspects of well-being. That said, there is much less agreement on the best ways in which those deprivations should be measured, and on whether or how information on them should be aggregated. Monitoring Global Poverty: Report of the Commission on Global Poverty advises the World Bank on the measurement and monitoring of global poverty in two areas: What should be the interpretation of the definition of extreme poverty, set in 2015 in PPP-adjusted dollars a day per person? What choices should the Bank make regarding complementary monetary and nonmonetary poverty measures to be tracked and made available to policy makers? The World Bank plays an important role in shaping the global debate on combating poverty, and the indicators and data that the Bank collates and makes available shape opinion and actual policies in client countries, and, to a certain extent, in all countries. How we answer the above questions can therefore have a major influence on the global economy.


Adjustment Policies, Poverty, and Unemployment

Adjustment Policies, Poverty, and Unemployment

Author: Pierre-Richard Agenor

Publisher: John Wiley & Sons

Published: 2009-02-04

Total Pages: 560

ISBN-13: 1405171391

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Pierre-Richard Agenor's pioneering work on IntegratedMacroeconomics Models for Poverty Analysis (IMMPA) is cataloged forthe first time in this must-read volume. A class of dynamic computable general equilibrium models, IMMPAmodels are designed to analyze the impact of adjustment policies onunemployment and poverty in the developing world. Including bothpapers originally circulated through the World Bank, as well as newmaterial that places this important work in its larger context,Adjustment Policies, Poverty, and Unemployment details the historyand uses of these models to date, as well as pointing to futuredevelopments for their utilization.


Russia-Ukraine war and the global crisis: Impacts on poverty and food security in developing countries

Russia-Ukraine war and the global crisis: Impacts on poverty and food security in developing countries

Author: Arndt, Channing

Publisher: Intl Food Policy Res Inst

Published: 2022-09-27

Total Pages: 15

ISBN-13:

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Global food, fuel, and fertilizer prices have risen rapidly in recent months, driven in large part by the fallout from the ongoing war in Ukraine and the sanctions imposed on Russia. Other factors, such as export bans in response to concerns about commodity shortages, have also contributed to rising prices. Figure 1 examines price changes in key food and nonfood commodities between June 2021 and June 2022. The period of interest for this study is June 2021 to April 2022. Over this period, palm oil and wheat prices increased by 68 and 113 percent in nominal terms, respectively. When deflated by the US Consumer Price Index, these price changes equate to 56 and 100 percent in real terms. Wide variation exists across food products, with nominal maize prices increasing by 19 per-cent (or 11 percent in real terms), and rice prices declining by 13 percent (or 7 percent in real terms) over the same period. Prices of nonfood commodities also rose substantially. Whereas crude oil prices rose 44 percent (or 34 percent in real terms), natural gas and fertilizer prices both doubled (or 88 and 101 percent in real terms, respectively). As shown in the breakdown in the bar chart, most of the price growth occurred after the start of the war in Ukraine, except for fertilizer.


The Poverty and Distributional Impact of Macroeconomic Shocks and Policies

The Poverty and Distributional Impact of Macroeconomic Shocks and Policies

Author: Boniface Essama-Nssah

Publisher: World Bank Publications

Published: 2005

Total Pages: 78

ISBN-13: 5081013242

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"The importance of distributional issues in policymaking creates a need for empirical tools to assess the social impact of economic shocks and policies. This paper reviews some of the modeling approaches that are currently in use at the World Bank and other international financial institutions. The specification of these models is dictated by the issues at stake, the knowledge about the nature of the process involved, and the availability and reliability of relevant data. Furthermore, shocks and policies have macroeconomic, structural, and distributional implications. This creates interdependence between such policy issues. Finally, the distributional impact of shocks and policies hinges on the heterogeneity of socioeconomic agents with respect to endowments and behavior. In the end, each modeling approach should be judged on how well it handles the interdependence between policy issues and the heterogeneity of the stakeholders, given other constraints. " -- Cover verso.


Development Policies and Policy Processes in Africa

Development Policies and Policy Processes in Africa

Author: Christian Henning

Publisher: Springer

Published: 2017-10-05

Total Pages: 355

ISBN-13: 3319607146

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This book is open access under a CC BY 4.0 license. The book examines the methodological challenges in analyzing the effectiveness of development policies. It presents a selection of tools and methodologies that can help tackle the complexities of which policies work best and why, and how they can be implemented effectively given the political and economic framework conditions of a country. The contributions in this book offer a continuation of the ongoing evidence-based debate on the role of agriculture and participatory policy processes in reducing poverty. They develop and apply quantitative political economy approaches by integrating quantitative models of political decision-making into existing economic modeling tools, allowing a more comprehensive growth-poverty analysis. The book addresses not only scholars who use quantitative policy modeling and evaluation techniques in their empirical or theoretical research, but also technical experts, including policy makers and analysts from stakeholder organizations, involved in formulating and implementing policies to reduce poverty and to increase economic and social well-being in African countries.