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Estimating expenditure impacts without expenditure data using asset proxies

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  • Wittenberg, Martin

Abstract

When asset indices are used in regressions the coefficients obtained are typically difficult to interpret. We show how lower bounds on expenditure effects can be extracted, if the relationship between the assets and expenditure can be calibrated on an auxiliary data set.

Suggested Citation

  • Wittenberg, Martin, 2011. "Estimating expenditure impacts without expenditure data using asset proxies," Economics Letters, Elsevier, vol. 110(2), pages 122-125, February.
    • Handle: RePEc:eee:ecolet:v:110:y:2011:i:2:p:122-125
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    2. Wittenberg, Martin, 2007. "Testing for a common latent variable in a linear regression," MPRA Paper 2550, University Library of Munich, Germany.
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    Cited by:

    1. Nic Baigrie & Katherine Eyal, 2014. "An Evaluation of the Determinants and Implications of Panel Attrition in the National Income Dynamics Survey (2008-2010)," South African Journal of Economics, Economic Society of South Africa, vol. 82(1), pages 39-65, March.
    2. Martin Wittenberg & Murray Leibbrandt, 2017. "Measuring Inequality by Asset Indices: A General Approach with Application to South Africa," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 63(4), pages 706-730, December.
    3. Emmanuel Maliti, 2019. "Inequality in Education and Wealth in Tanzania: A 25-Year Perspective," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 145(3), pages 901-921, October.
    4. Martin Wittenberg, 2011. "The Weight of Success: The Body Mass Index and Economic Well-being in South Africa," SALDRU Working Papers 65, Southern Africa Labour and Development Research Unit, University of Cape Town.

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    More about this item

    Keywords

    Asset index Proxy variables Attenuation Obesity;

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access

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