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REGIONAL POVERTY ANALYSIS TECHNICAL WORKSHOP
Valuation of subsistence production and own consumption Kim Robertson (ADB/SPC Regional Poverty Programme Team Leader) REF: Working Paper 1.2
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Valuation methods Respondent reported values – inconsistent, no idea of value, typically lower prices than market value Urban/ peri-urban area: average market prices – nearest market Rural / remote areas: average commodity prices based on geographic ‘cluster’
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Recommended method Respondent reported values at farm gate prices as well as accurate quantity and consistent units of measurement Provide price guides with average local market prices Remote / rural areas: respondent reported values adjusted against average unit prices from geographic clusters
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