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Current explanations for private consumption's diminished role in China focus on the expansion of exports and investments. Using structural path analysis, we find additional contributing factors. First, growth patterns during 1997-2007 favoured sectors with low production multipliers. Secondly,...
Persistent link: https://www.econbiz.de/10010333086
While economic growth generally reduces income poverty, there are pronounced differences in the strength of this relationship across countries. Typical explanations for this variation include measurement errors in growth-poverty accounting and countries' different compositions of economic...
Persistent link: https://www.econbiz.de/10010280253
Current explanations for private consumption's diminished role in China focus on the expansion of exports and investments. Using structural path analysis, we find additional contributing factors. First, growth patterns during 1997-2007 favoured sectors with low production multipliers. Secondly,...
Persistent link: https://www.econbiz.de/10009628942
Persistent link: https://www.econbiz.de/10009746727
While economic growth generally reduces income poverty, there are pronounced differences in the strength of this relationship across countries. Typical explanations for this variation include measurement errors in growth-poverty accounting and countries' different compositions of economic...
Persistent link: https://www.econbiz.de/10008702829
Persistent link: https://www.econbiz.de/10003406572
Cross-country studies typically find growth to be the best means of alleviating poverty, with a less important role attributed to reducing inequality. However, shifts in the structure of growth can lead to very difficult poverty outcomes, with different population groups participating in the...
Persistent link: https://www.econbiz.de/10012716764
While economic growth generally reduces income poverty, there are pronounced differences in the strength of this relationship across countries. Typical explanations for this variation include measurement errors in growth-poverty accounting and countries' different compositions of economic...
Persistent link: https://www.econbiz.de/10013043410
While economic growth generally reduces income poverty, there are pronounced differences in the strength of this relationship across countries. Typical explanations for this variation include measurement errors in growth-poverty accounting and countries' different compositions of economic...
Persistent link: https://www.econbiz.de/10013043417
Economic growth typically reduces poverty, but global averages conceal wide variation at the country-level, where even rapid growth may not significantly improve the incomes of the poor. In some of sub-Saharan Africa's fastest growing countries, measured poverty rates have remained virtually...
Persistent link: https://www.econbiz.de/10013043425