On Measuring Child Costs : With Applications to Poor Countries

@inproceedings{Deaton2007OnMC,
  title={On Measuring Child Costs : With Applications to Poor Countries},
  author={Angus S. Deaton and John Muellbauer},
  year={2007}
}
The theoretical basis for measuring child costs is discussed, and detailed consideration is given to two straightforward procedures for calculation, Engel's food share method and Rothbarth's adult good method. Each of these methods embodies different definitions of child costs so that the same empirical evidence can generate quite different estimates depending on the method used. It is shown that true costs are generally overstated by Engel's method and understated by Rothbarth's procedure… CONTINUE READING