Table 2
Some characteristics of alternative low income lines

  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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