Burger, Ronelle and Booysen, Frikkie and Berg, Servaas van der and Maltitz, Michael von (2006): Marketable Wealth in a Poor African Country.
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The study uses an asset index of consumer durables to track changes in household wealth in Ghana during the recent period of strong growth. Using the Ghana Living Standards Survey of 1998 that contains both wealth data and consumer durable data, the authors demonstrate that the asset index approximate marketable wealth adequately. Although asset index estimates of wealth cannot match the precision of wealth surveys,this approach can provide useful information on marketable wealth in countries where more appropriate sources are not available. The asset index analysis with the three demographic and health surveys for 1993, 1998 and 2003 suggests that the solid economic growth seen over this period has been accompanied by a strong rise in the average asset index scores.
|Item Type:||MPRA Paper|
|Original Title:||Marketable Wealth in a Poor African Country|
|Keywords:||wealth, Ghana, asset index|
|Subjects:||O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O55 - Africa
E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E21 - Consumption ; Saving ; Wealth
|Depositing User:||Ronelle Burger|
|Date Deposited:||11. Jun 2008 07:21|
|Last Modified:||23. Feb 2015 00:52|
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