RT info:eu-repo/semantics/article
T1 Growth, inequality and poverty : a robust relationship?
A1 Marrero Díaz, Gustavo Alberto
A1 Servén, Luis
K1 Growth
K1 Inequality
K1 Poverty
AB The consequences of poverty and inequality for growth have long preoccupied academics and policy-makers.This paper revisits the inequality-growth and poverty growth links.Using a panel of 158 countries between 1960 and 2010, wefind that the correlation of growth with poverty is consistently negative: A 10p.p.decrease in the head count poverty rate is associated with a subsequentin creasein per capita GDP between 0.5 and 1.2% per year. In contrast ,the correlation of growth with inequality is empirically fragile—it can be positive or negative,depending on the empirical specification and econometric approach employed. However,the indirect effect of inequality on growth through its correlation with poverty is robustly negative.Closer inspection shows that these results are driven by the sample observations featuring high poverty rates.
YR 2022
FD 2022
LK http://riull.ull.es/xmlui/handle/915/34932
UL http://riull.ull.es/xmlui/handle/915/34932
LA en
DS Repositorio institucional de la Universidad de La Laguna
RD 21-nov-2024