Download or read book Poverty Analysis Using an International Cross-country Demand System written by John Andrew Lionel Cranfield and published by World Bank Publications. This book was released on 2007 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Results illustrate the important role of subsistence expenditures at lowest income levels, but of discretionary expenditure at higher income levels. The welfare analysis underscores the relatively large impact of the price hike on poorer households, while a modified Foster-Greer-Thorbecke poverty measure shows that the 5 percent price rise increases the incidence and intensity of poverty in all three cases, although the specific effects vary considerably by country.