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

43 Pages Posted: 18 Aug 2014 Last revised: 14 Apr 2016

Rahul Lahoti

University of Goettingen (Gottingen)

Arjun Jayadev

University of Massachusetts Boston - Department of Economics

Sanjay G. Reddy

The New School - Department of Economics; Initiative for Policy Dialogue (IPD)

Date Written: March 27, 2016

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 quantiles 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.

Keywords: Consumption, Income, Growth, Global Income Distribution, Global Poverty, Inclusive Growth, Inequality, International Comparisons, National Accounts, Poverty, Poverty Measurement, Welfare

JEL Classification: B41, C80, I30, I32, O10, O15

Suggested Citation

Lahoti, Rahul and Jayadev, Arjun and Reddy, Sanjay G., The Global Consumption and Income Project (GCIP): An Overview (March 27, 2016). Available at SSRN: https://ssrn.com/abstract=2480636

Rahul Lahoti

University of Goettingen (Gottingen) ( email )

Platz der Gottinger Sieben 3
Gottingen, D-37073
Germany

Arjun Jayadev

University of Massachusetts Boston - Department of Economics ( email )

100 Morrissey Blvd.
Boston, MA 02125
United States

Sanjay G. Reddy (Contact Author)

The New School - Department of Economics ( email )

Room 1116
6 East 16th Street
New York, NY 10003
United States

Initiative for Policy Dialogue (IPD) ( email )

New York, NY
United States

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