Abstract
In this chapter, we discuss our methodology. We discuss the GrIP model and its construction. This is a custom-built model of global consumption, output and distribution. We focus on the three main construction issues: the data sets used; the global population and consumption coverage; and a new adjustment for this book related to top incomes.
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Notes
- 1.
HFCE—Household Final Consumption Expenditure.
- 2.
The countries and years used in the analysis are: Australia 2003, Canada 2010, Denmark 2010, Finland 2007, France 2005, Germany 2007, Ireland 2007, Italy 2008, Japan 2008, Netherlands 2010, Norway 2010, Spain 2010, Sweden 2005, Switzerland 2004, United Kingdom 2010, United States 2010, Uruguay 2012. One eligible country (Malaysia 2009) was omitted because the PovcalNet share to the top 10% is actually higher than that shown in TIP.
- 3.
There are some exceptions to this where the PovcalNet survey mean already implies a consumption level higher than the HFCE total. In those cases, we reason that the HFCE figures must be questionable and so do not apply the cap.
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Edward, P., Sumner, A. (2019). A Model of Global Consumption, Output and Distribution. In: The End of Poverty. Palgrave Pivot, Cham. https://doi.org/10.1007/978-3-030-14764-8_3
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DOI: https://doi.org/10.1007/978-3-030-14764-8_3
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