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dc.contributor.authorOlivia, Susan
dc.contributor.authorGibson, John
dc.date.accessioned2012-10-09T02:10:47Z
dc.date.available2012-10-09T02:10:47Z
dc.date.issued2012-06
dc.identifier.citationOlivia, S. & Gibson, J (2012). Using Engel curves to measure CPI bias for Indonesia. (Department of Economics Working Paper Series, Number 06/12). Hamilton, New Zealand: University of Waikato.en_NZ
dc.identifier.urihttps://hdl.handle.net/10289/6694
dc.description.abstractTo measure real income growth over time a price index is needed to adjust for changes in the cost of living. The Consumer Price Index (CPI) is often used for this task but studies from several countries show the CPI is a biased measure of changes in the cost of living, leading to potentially wrong estimates of the rate of growth of real income. In this paper CPI bias for Indonesia is calculated by estimating food Engel curves for households with the same level of CPI-deflated incomes at four different points in time between 1993 and 2008. The results suggest CPI bias was initially negative during the Asian Crisis but has been positive since 2000. Over the entire period, CPI bias has averaged four percent annually, equivalent to almost one-third of the measured inflation rate.en_NZ
dc.format.mimetypeapplication/pdf
dc.language.isoen
dc.publisherUniversity of Waikatoen_NZ
dc.relation.ispartofseriesDepartment of Economics Working Paper Series
dc.rights©2012 The Authorsen_NZ
dc.subjectCPI biasen_NZ
dc.subjectEngel curveen_NZ
dc.subjectInflationen_NZ
dc.subjectmeasurement erroren_NZ
dc.titleUsing Engel curves to measure CPI bias for Indonesiaen_NZ
dc.typeWorking Paperen_NZ
uow.relation.series06/12


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