Showing 1 - 10 of 2,820
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011401020
This paper develops a two-sector model that illuminates the role played by agricultural modernization in the transition from stagnation to growth. When agriculture relies on traditional technology, industrial development reduces the relative price of industrial products, but has a limited effect...
Persistent link: https://www.econbiz.de/10009153621
goal of ending extreme poverty remains paramount. Globally, the World Bank set goals to end extreme poverty by 2030 and to …, eliminating poverty by 2030 is out of the region's reach. Even under our 'best case' scenario of accelerated growth and … redistribution from the richest 10 percent to the poorest 40 percent of the population, the poverty rate would still be around 10 …
Persistent link: https://www.econbiz.de/10010345542
poverty and income inequality have invited increasing volumes of research focusing on the nexus between equity and efficient … into a middle income country (ADB, 2014). This has stimulated the need to understand causes of inequality and poverty for … poverty because they will substantially undermine the economic growth if left unchecked (ADB, 2014). The objective of this …
Persistent link: https://www.econbiz.de/10010345543
The literature on poverty convergence is sparse and much of the empirical evidence relies on Ravallion (2012) who found … a lack of poverty convergence across some ninety Less Developed Countries (LDCs) during 1977-2007. This paper revisits … cross-country poverty convergence using data from the same sources but an extended period, i.e. 1977-2014. We find that …
Persistent link: https://www.econbiz.de/10011810342
Empirical evidence in the sparse literature on poverty convergence currently relies on cross-sectional analysis, where … Less Developed Countries (LDCs) starting out poorer are found to have enjoyed no faster subsequent poverty reduction during … the past three decades than those starting out richer, as initial poverty retards growth and makes it less effective in …
Persistent link: https://www.econbiz.de/10011814625
Vietnam is widely regarded as a success story for its impressive economic growth and poverty reduction in the last few …. Furthermore, this inequality gap is rising over time. Despite the country's fast poverty reduction, the poor were increasingly … segregated in certain provinces. We find beneficial impact of economic growth on poverty reduction, but this can depend on …
Persistent link: https://www.econbiz.de/10013540743
Ghana has managed to consistently keep its poverty rate lower than the regional average over the past 25 years, but … this positive trend slowed down recently. We investigate the dynamics of overall, moderate, and extreme poverty in Ghana …-sectional data. While we find considerable conditional chronic (extreme) poverty rates hovering around 50-60 percent, there is more …
Persistent link: https://www.econbiz.de/10014462179
poverty has been a subject of controversy. This paper brings into focus recent evidence on the pace of poverty reduction in … suggest that there is credible evidence for poverty to have declined significantly since the 1990s but at a lesser speed than … growth in per capita GDP. More importantly, global poverty tends to respond much more strongly to shifts in sector of …
Persistent link: https://www.econbiz.de/10010463409
This paper studies the pro-poor bias of contemporary trade policy in India by estimating the household welfare effects of eliminating the current protection structure. The elimination of a pro-poor trade policy is expected to have lower welfare gains or higher welfare loss at the low end of the...
Persistent link: https://www.econbiz.de/10011988644