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Current estimates of global poverty vary substantially across studies. In this paper we undertake a novel sensitivity analysis to highlight the importance of methodological choices in estimating global poverty. We measure global poverty using different data sources, parametric and nonparametric...
Persistent link: https://www.econbiz.de/10009369432
We review the recent empirical literature on global poverty, focusing on key methodological aspects. These include the choice of welfare indicator, poverty line and purchasing power parity exchange rates, equivalence scales, data sources, and estimation methods. We also discuss the importance of...
Persistent link: https://www.econbiz.de/10008492116
Current estimates of global poverty vary substantially across studies. We undertake a sensitivity analysis to highlight the importance of methodological choices by measuring global poverty using different data sources, parametric and nonparametric estimation methods, and multiple poverty lines....
Persistent link: https://www.econbiz.de/10010662466
The generalized method of moments (GMM) estimator is often used to test for convergence in income distribution in a dynamic panel set-up. We argue that though consistent, the GMM estimator utilizes the sample observations inefficiently. We propose a simple ordinary least squares (OLS) estimator...
Persistent link: https://www.econbiz.de/10004972070
Since the economic reforms of the early 1990s, the Indian economy witnessed a rapid rise in the mean income level, and, simultaneously, changes in the distribution of income. This study tries to capture how these changes affected poverty levels across major states in India. Total change in...
Persistent link: https://www.econbiz.de/10010733892
Persistent link: https://www.econbiz.de/10011034053
Persistent link: https://www.econbiz.de/10005033211
Over the last decade, India has been one of the fastest growing economies, and has experienced considerable decline in overall income poverty. However, in a vast country like India, poverty levels vary significantly across the different states. In this paper, we analyze the differences between...
Persistent link: https://www.econbiz.de/10008751872
Neoclassical models imply convergence of the entire distribution, not just the mean income levels. In this paper, we test for convergence in income inequality across countries. We compile extensive data on gini indices over a period of 25 years. Convergence in inequality is tested separately for...
Persistent link: https://www.econbiz.de/10010667422
Recent influential studies among development economists claim that aid to developing countries is not nearly as beneficial to recipient nations as had been expected. Are these statistical analyses right? One problem is that total aid, on which most studies are based, includes two distinct kinds...
Persistent link: https://www.econbiz.de/10005543853