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Measuring Living Standards: Household …

quantitative Techniques for Health Equity Analysis Technical Note #4 Living standardsPage 1 Measuring Living standards : Household consumption and Wealth IndicesIntroductionA common theme throughout the notes in this series is the examination of disparities in a particular healthvariable (be it health status, or usage of health services, or payments for health care, or whatever)across peoplewith different standards of Living . For example, the concern might to be to see whether gaps in health outcomesbetween the poor and better off have grown, or whether they are larger in one country than another. This raisesthe question of how best to measure Living standards . One approach is to use direct measures, such asincome, expenditure or consumption . Another is to use a proxy measure, making the best use of availabledata. One popular approach in this vein is to use Principal Components Analysis to construct an index of wealth from information on Household ownership of durable goods and its housing approaching the issue of Living standards measurement, it is important to be aware of the limitations andpotential problems of alternative measures.

Quantitative Techniques for Health Equity Analysis—Technical Note #4 Living standards Page 1 Measuring Living Standards: Household Consumption

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  Standards, Living, Consumption, Technique, Measuring, Household, Quantitative, Measuring living standards, Quantitative techniques, Household consumption

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