When unstable, growth is less pro poor

Abstract : Macroeconomic instability has been increasingly considered as a factor lowering average income growth and by this way is a factor slowing down poverty reduction. But it can also result in slower poverty reduction for a given average rate of growth, due to poverty traps, often examined at the microeconomic level. Testing a model of poverty change on a panel of data for 70 countries from 1981 to 1999, we do find that income instability results in a lower poverty reduction for a given growth. It reflects a distributional effect not fully captured by a change in the Gini coefficient.
Document type :
Preprints, Working Papers, ...
Complete list of metadatas

Cited literature [32 references]  Display  Hide  Download

https://halshs.archives-ouvertes.fr/halshs-00556672
Contributor : Cerdi Etudes & Documents - Publications <>
Submitted on : Monday, January 17, 2011 - 3:35:50 PM
Last modification on : Thursday, January 11, 2018 - 6:17:18 AM
Long-term archiving on : Monday, April 18, 2011 - 2:58:50 AM

File

2008.27.pdf
Files produced by the author(s)

Identifiers

  • HAL Id : halshs-00556672, version 1

Collections

Citation

Patrick Guillaumont, Catherine Korachais. When unstable, growth is less pro poor. 2011. ⟨halshs-00556672⟩

Share

Metrics

Record views

467

Files downloads

269