2008
DOI: 10.1186/1742-7622-5-3
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Issues in the construction of wealth indices for the measurement of socio-economic position in low-income countries

Abstract: BackgroundEpidemiological studies often require measures of socio-economic position (SEP). The application of principal components analysis (PCA) to data on asset-ownership is one popular approach to household SEP measurement. Proponents suggest that the approach provides a rational method for weighting asset data in a single indicator, captures the most important aspect of SEP for health studies, and is based on data that are readily available and/or simple to collect. However, the use of PCA on asset data ma… Show more

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Cited by 358 publications
(359 citation statements)
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“…The wealth variable could potentially be endogenous, if the adoption of mobile money leads to greater efficiency in households' business operations and accordingly to higher profits. We try to minimize the endogeneity of the wealth variable by choosing an asset index to measure wealth, which responds more slowly to changes in income flows (Lindelow, 2006;Howe et al, 2008). In addition, we explore how sensitive our results are to the exclusion of the wealth variable.…”
Section: Econometric Resultsmentioning
confidence: 99%
“…The wealth variable could potentially be endogenous, if the adoption of mobile money leads to greater efficiency in households' business operations and accordingly to higher profits. We try to minimize the endogeneity of the wealth variable by choosing an asset index to measure wealth, which responds more slowly to changes in income flows (Lindelow, 2006;Howe et al, 2008). In addition, we explore how sensitive our results are to the exclusion of the wealth variable.…”
Section: Econometric Resultsmentioning
confidence: 99%
“…Principal Component Analysis (PCA) was used to determine household wealth index from information collected on housing quality (floor, walls, and roof material), source of drinking water, type of toilet facility, the presence of electricity, type of cooking fuel, and ownership of modern household durable goods (e.g. bicycle, television, radio, motorcycle, sewing machine, telephone, cars, refrigerator, mattress, bed, computer and mobile phone) [3033]. …”
Section: Methodsmentioning
confidence: 99%
“…The essential function of the criterion validity is to define the relationship between test results (here, the score on the heat-adaptation index) and another criterion considered to be a major indicator of the construct to study (Hogan 2007). This indicator corresponds to the self-reported adverse health impacts.…”
Section: Criterion-related Validity Of the Indexmentioning
confidence: 99%