Development economists have increasingly advocated using assets to
complement income and consumption-based measures of welfare and wealth
in developing countries, and thus to extend our understanding of the
multi-dimensional character of poverty and the complexity of the
processes underlying poverty reduction. The objective of this technical
paper is to contribute to the debate about the measurement of assets,
and the development of asset indices. It describes the particular
methodology developed to construct an asset index based on a
longitudinal panel data set from Guayaquil, Ecuador. It then outlines
its application in terms of the different components of the asset index,
before concluding by identifying several continuing methodological
The Construction of an Asset Index Measuring Asset Accumulation in Ecuador. CPRC Working Paper No. 87, Chronic Poverty Research Centre (CPRC), Manchester, UK, ISBN: 1-904049-86-9, iii + 20 pp.
The Construction of an Asset Index Measuring Asset Accumulation in Ecuador. CPRC Working Paper No. 87.