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The Global Consumption and Income Project (GCIP): An Overview

Author

Listed:
  • Lahoti Rahul

    (Department of Economics, University of Goettingen, Germany)

  • Jayadev Arjun

    (Department of Economics, University of Massachusetts, Boston, MA, USA)

  • Reddy Sanjay

    (Department of Economics, New School for Social Research, NY, USA)

Abstract

We introduce two separate datasets [The Global Consumption Dataset (GCD) and The Global Income Dataset (GID)] making possible an unprecedented portrait of consumption and income of persons over time, within and across countries, around the world. The current benchmark version of the dataset presents estimates of monthly real consumption and income for every percentile of the population (a “consumption/income profile”) for more than 160 countries and more than half a century (1960–2015). We describe the construction of the datasets and demonstrate possible uses by presenting some sample results concerning the distribution of consumption, poverty and inequality in the world.

Suggested Citation

  • Lahoti Rahul & Jayadev Arjun & Reddy Sanjay, 2016. "The Global Consumption and Income Project (GCIP): An Overview," Journal of Globalization and Development, De Gruyter, vol. 7(1), pages 61-108, June.
    • Handle: RePEc:bpj:globdv:v:7:y:2016:i:1:p:61-108:n:5
    DOI: 10.1515/jgd-2016-0025
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    More about this item

    Keywords

    consumption; income; growth; global income distribution; global poverty; inclusive growth; inequality; international comparisons; national accounts; poverty; poverty measurement; welfare;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • C80 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - General
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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