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New Estimates of Global Poverty and Inequality: How Much Difference Do Price Data Really Make? – Working Paper 403

Lookup NU author(s): Dr Peter Edward

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This is the final published version of a working paper that has been published in its final definitive form by Center for Global Development, 2015.

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Abstract

This paper makes new estimates of global poverty and inequality in 2012 using both ‘old’, 2005 and ‘new’, 2011 purchasing power parity (PPP) price data in order to assess systematically what difference PPP data makes to the estimates. The methodology for the 2011 PPP data is thought to be superior. However, contentions remain. We discuss the PPPs and justify the use of 2011 PPP data to estimate global poverty and inequality, at least for comparison purposes

Publication metadata

Author(s): Edward P, Sumner A

Publication type: Working Paper

Publication status: Published

Journal: Center for Global Development Working Papers

Year: 2015

Pages: 53

Publisher: Center for Global Development

URL: http://www.cgdev.org/sites/default/files/CGD-Working-Paper-403-Edward-Sumner-New-Estimates-Global-Poverty.pdf

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