Table 2
Some characteristics of alternative low income lines
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LICO | Variable LIM | Fixed LIM | MBM | |
---|---|---|---|---|
Conceptual transparency | Low | High | High | High |
International comparability | No | Yes | Yes | No |
Implicit choices | Many | Few | Few | Few |
Costs of production | Low | Low | Low | High |
Regional variability | Some | No | No | High |
Rebasing frequency | Periodic | Annual | Periodic | Periodic |
LICO: Low Income Cut-Offs LIM: Low Income Measure MBM: Market Basket Measure |
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