The Seemingly Underappreciated Role of Panel Data in Measuring Poverty and Economic Transformation

World Economics, Forthcoming

15 Pages Posted: 12 Oct 2018

See all articles by Hai-Anh Dang

Hai-Anh Dang

World Bank - Development Data Group (DECDG)

Calogero Carletto

World Bank; World Bank - Development Research Group (DECRG)

Date Written: September 19, 2018

Abstract

Panel data play an important role in producing insights into households’ welfare dynamics and economic transformation processes. Yet, such data are not readily available for a number of countries, particularly developing countries, because they require considerable financial and technical resources. We offer a review of the current panel data situations in developing countries. We discuss two different, but complementary approaches to address this data challenge: one is to field panel surveys, and the other is to employ statistical techniques to construct pseudo-panel data that can substitute for actual panel data. We finally offer further thoughts on a new hybrid approach that may combine the advantages of the two existing approaches.

Keywords: panel data, welfare dynamics, developing countries, household survey, synthetic panels

JEL Classification: C8, I00, O1

Suggested Citation

Dang, Hai-Anh H. and Carletto, Calogero, The Seemingly Underappreciated Role of Panel Data in Measuring Poverty and Economic Transformation (September 19, 2018). World Economics, Forthcoming , Available at SSRN: https://ssrn.com/abstract=3252196

Hai-Anh H. Dang (Contact Author)

World Bank - Development Data Group (DECDG) ( email )

1818 H. Street, N.W.
MC2-846
Washington, DC 20433
United States

HOME PAGE: http://sites.google.com/site/haianhhdang/

Calogero Carletto

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

World Bank - Development Research Group (DECRG)

1818 H. Street, N.W.
MSN3-311
Washington, DC 20433
United States

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