This paper investigates the influence of invariance axioms in the decomposition of observed poverty variations into growth and inequality effects. After a complete and critical review of the invariance axioms suggested in the literature, we show that few information is needed for the ordering of...

Financial development may lead to productivity improvement in developing countries. In this paper, based on the Data Envelopment Analysis (DEA) approach, we use the Malmquist index to measure China’s total factor productivity change and its two components (i.e., efficiency change and technical...

This paper presents the concepts and mesures of growth and poverty, and the complex interrelations between distribution and poverty reduction. Growth alone will not be able to eradicate poverty, and some specific actions must be directed toward some special groups of poors.

The aim of this paper is to examine whether there is a co-insurance mechanism against provincial aggregate income fluctuations between the Chinese provinces. Our theoretical argument relies on the existence of an efficient allocation of risk between the Chinese provinces. According to this...

In this paper, we try to establish a connection between the political economy of the reform process and the issue of external aid. We therefore stress the vicious circle brought about by the aid dependency of the actors implicated in economic reforms. Two levels of dependency are thus identified...

L’analyse empirique des relations entre l’environnement institutionnel et les modes organisationnels et leurs influences sur les performances productives reste relativement rare dans la littérature, faute de données. Cet article essaie de développer une méthodologie empirique permettant...

L'article propose d'expliquer l'évolution pro-cyclique de l'épargne en période de récession repérée en France. Le cadre théorique est celui de l'épargne de précaution qui est constituée par des ménages prudents pour se prémunir des effets de la nature risquée des revenus du travail....

Currency substitution – the use of foreign money to finance transactions between domestic residents – is increasingly common in low income and transition economies. Traditionally, however, empirical models of the demand for money tend to concentrate exclusively on the other dimension of...

The forest covers an important share of land area in many developing countries and represents an important source of revenue for governments. The other major contribution to government revenues in developing countries comes from printing money, namely the seigniorage. Using a simple theoretical...