Economic Growth, Inequality, and Poverty : Findings from a New Data Set

dc.creatorAdams, Richard H., Jr.
dc.date2014-07-31T16:00:08Z
dc.date2014-07-31T16:00:08Z
dc.date2003-02
dc.date.accessioned2026-07-01T01:23:00Z
dc.descriptionThe author uses new data from 50 developing countries and 101 intervals to examine the impact of economic growth on poverty and inequality. He finds that growth represents an important means for reducing poverty in the developing world. When economic growth is measured by survey mean income (consumption), there is a strong, statistical link between growth and poverty reduction. When economic growth is measured by GDP per capita, the statistical relationship between growth and poverty reduction is still present, albeit not quite as strong. Economic growth reduces poverty because growth has little impact on income inequality. In the data set income inequality rises on average less than 1.0 percent a year. Since income distributions are relatively stable over time, economic growth tends to raise incomes for all members of society, including the poor. When growth is measured by survey mean income (consumption), the elasticity of poverty with respect to growth is -2.59. In other words, on average, a 10 percentage point increase in economic growth (measured by survey mean income) will produce a 25.9 percent decrease in the proportion of people living in poverty ($1 a person a day).
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2003/02/2156913/economic-growth-inequality-poverty-findings-new-data-set
dc.identifierhttps://hdl.handle.net/10986/19109
dc.identifierhttps://doi.org/10.1596/1813-9450-2972
dc.identifier.urihttp://hdl.handle.net/123456789/417593
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper;No. 2972
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectABSOLUTE POVERTY
dc.subjectANNUAL RATE
dc.subjectASSET INEQUALITY
dc.subjectAVERAGE ANNUAL
dc.subjectAVERAGE INCOME
dc.subjectAVERAGE INCOMES
dc.subjectAVERAGE RATE
dc.subjectCOUNTRY LEVEL
dc.subjectCOUNTRY REGRESSIONS
dc.subjectCOVARIANCE MATRIX
dc.subjectCROSS-SECTIONAL DATA
dc.subjectDATA SET
dc.subjectDATA SETS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING WORLD
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT INDICATORS
dc.subjectDEVELOPMENT REPORT
dc.subjectDIFFERENCES IN INCOME
dc.subjectDISTRIBUTION DATA
dc.subjectECONOMETRIC ANALYSIS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC MANAGEMENT
dc.subjectECONOMIC REVIEW
dc.subjectECONOMICS LETTERS
dc.subjectEMPIRICAL FINDINGS
dc.subjectEMPIRICAL STUDIES
dc.subjectERROR TERM
dc.subjectEXCHANGE RATES
dc.subjectFALLING POVERTY
dc.subjectFIXED EFFECTS
dc.subjectGINI COEFFICIENT
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH ELASTICITY
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHEADCOUNT
dc.subjectHEADCOUNT INDEX
dc.subjectHEADCOUNT MEASURE
dc.subjectHEADCOUNT RATIO
dc.subjectHIGH GROWTH
dc.subjectHIGH INEQUALITY
dc.subjectHIGH INEQUALITY COUNTRIES
dc.subjectHIGH-INEQUALITY DEVELOPING COUNTRIES
dc.subjectHOUSEHOLD DATA
dc.subjectHOUSEHOLD EXPENDITURES
dc.subjectHOUSEHOLD SIZE
dc.subjectHOUSEHOLD SURVEY
dc.subjectHOUSEHOLD SURVEYS
dc.subjectINCOME DISPARITIES
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME DISTRIBUTION DATA
dc.subjectINCOME DISTRIBUTIONS
dc.subjectINCOME INEQUALITY
dc.subjectINCREASING GROWTH
dc.subjectINCREASING INEQUALITY
dc.subjectINDEPENDENT VARIABLES
dc.subjectINEQUALITY CHANGES
dc.subjectINEQUALITY DATA
dc.subjectINEQUALITY FALLS
dc.subjectINEQUALITY REGRESSIONS
dc.subjectINTERNATIONAL POVERTY LINES
dc.subjectLIVING STANDARDS
dc.subjectLOW INCOME
dc.subjectLOW INCOME COUNTRIES
dc.subjectLOW INEQUALITY
dc.subjectLOW INEQUALITY COUNTRIES
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMEAN CONSUMPTION
dc.subjectMEAN EXPENDITURE
dc.subjectMEAN INCOME
dc.subjectMEAN INCOMES
dc.subjectMEASUREMENT ERROR
dc.subjectMEASURING CHANGES
dc.subjectMEASURING INCOME
dc.subjectMEASURING INCOME INEQUALITY
dc.subjectMIDDLE INCOME
dc.subjectNATIONAL ACCOUNTS
dc.subjectOBSERVED CHANGES
dc.subjectOLD ISSUES
dc.subjectPER CAPITA GROWTH
dc.subjectPER CAPITA INCOME
dc.subjectPERSONAL INCOME
dc.subjectPOINT ESTIMATE
dc.subjectPOINT ESTIMATES
dc.subjectPOLICY DEBATES
dc.subjectPOLICY ISSUES
dc.subjectPOLICY RESEARCH
dc.subjectPOOR PEOPLE
dc.subjectPOOR PERSON
dc.subjectPOVERTY
dc.subjectPOVERTY GAP
dc.subjectPOVERTY HEADCOUNT
dc.subjectPOVERTY LINE
dc.subjectPOVERTY LINES
dc.subjectPOVERTY MEASURE
dc.subjectPOVERTY MEASURES
dc.subjectPOVERTY MONITORING
dc.subjectPOVERTY REDUCTION
dc.subjectPURCHASING POWER
dc.subjectPURCHASING POWER PARITY
dc.subjectRAPID GROWTH
dc.subjectREDUCING POVERTY
dc.subjectRURAL POVERTY
dc.subjectSERIES DATA
dc.subjectSIGNIFICANT EFFECT
dc.subjectSQUARED POVERTY GAP
dc.subjectUNDERDEVELOPED COUNTRIES
dc.subjectSURVEYING INSTRUMENTS
dc.subjectCONSUMPTION SURVEYS
dc.subjectSTATISTICAL MEASURES
dc.subjectMEAN VALUE THEOREMS
dc.titleEconomic Growth, Inequality, and Poverty : Findings from a New Data Set

Archivos

Colecciones