Showing 1 - 10 of 63
The goals of ending extreme poverty by 2030 and working toward a more equal distribution of income are prominent in … countries comprising 97 percent of the world's population, this paper simulates a set of scenarios for global poverty from 2018 … poverty and inequality goals. The paper uses different assumptions about growth incidence curves to model changes in …
Persistent link: https://www.econbiz.de/10012865509
Academics and policy makers have long considered an adequate supply of infrastructure services to be essential for economic development. This paper reviews recent theoretical and empirical literature on the effects of infrastructure development on growth and income distribution. The theoretical...
Persistent link: https://www.econbiz.de/10012972738
This paper re-examines the roles of changes in income and inequality in poverty reduction. The study provides estimates … of the relative effects of inequality reduction versus growth promotion in reducing poverty for countries with different … levels of initial poverty. The analysis uses country panel-data for 1980-2010. The results indicate that, as countries become …
Persistent link: https://www.econbiz.de/10012973261
Focusing on the welfare of the less well off as a measure of real societal progress is the fundamental principle underlying the WBG indicator of "shared prosperity" , namely income growth of the bottom 40 percent in every country. This paper uses a database assembled by the World Bank Group to...
Persistent link: https://www.econbiz.de/10012973893
The paper examines the link between poverty, the middle class and institutional outcomes using a new cross … poverty, lower inequality or higher gross domestic product per capita. That may be linked to the evolution of the middle class …
Persistent link: https://www.econbiz.de/10012975330
This analysis examines the relationship between nonrenewable resource dependence, economic growth and income inequality. It uses a two-equation system in which the Gini index and GDP per capita are the dependent variables and the stock of nonrenewable resources as a share of national wealth --...
Persistent link: https://www.econbiz.de/10012967897
In the 2000s, global inequality fell for the first time since the Industrial Revolution, driven by a decline in the dispersion of average incomes across countries. Between 1988 and 2008, a period of rapidly increasing global integration, income growth was largest for the global top 1 percent and...
Persistent link: https://www.econbiz.de/10012968216
This paper revisits four recent cross-country empirical studies on the effects of inequality on growth. All four studies report strongly significant negative effects, using the popular system generalized method of moments estimator that is frequently used in cross-country growth empirics. This...
Persistent link: https://www.econbiz.de/10012970632
In response to a growing interest in comparing inequality levels and trends across countries, several cross-national inequality databases are now available. These databases differ considerably in purpose, coverage, data sources, inclusion and exclusion criteria, and quality of documentation. A...
Persistent link: https://www.econbiz.de/10012970655
This paper estimates the effect of income inequality on real gross domestic product per capita using a panel of 104 countries during the period 1970?2010. The empirical analysis addresses endogeneity issues by using instrumental variables estimation and controlling for country and time fixed...
Persistent link: https://www.econbiz.de/10012971546