| Exercise 4.3 |
| Using the results of \ref{ex-4.1} and \ref{ex-4.2}, compute the share of food expenditures in the total expenditures of those whose level of food expenditures equals the food poverty line. By dividing the food poverty threshold by this share, estimate a global poverty line. |
|
Answer |
| Share of food expenditures | = |
Food expenditures |
= |
304.67 | = |
0.41610 |
|
Total expenditures |
732.19 |
Total poverty line
| Poverty line | = |
Food expenditures |
= |
304.68 | = |
732.19 |
|
Share of food expenditures |
0.4161 |