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| Title: | | When unstable, growth is less pro-poor  |
| Authors: | | Guillaumont, Patrick Korachais, Catherine |
| Issue Date: | | 2010 |
| Series/Report no.: | | Working paper // World Institute for Development Economics Research 2010,77 |
| Abstract: | | Macroeconomic instability has been increasingly considered as a factor lowering average income growth and, in this way, is a factor slowing down poverty reduction. But it can also result in slower poverty reduction for a given average rate of growth, due to poverty traps, often examined at the microeconomic level. Testing a model of poverty change on a panel of data for more than 80 countries from 1981 to 2005, we find that income instability results in a lower poverty reduction for a given growth. It reflects a distributional effect not fully captured by a change in the Gini coefficient. |
| Subjects: | | income instability poverty inequality economic growth growth elasticity of poverty poverty trap |
| JEL: | | E32 I30 I32 O15 D31 O40 |
| ISBN: | | 978-92-9230-315-0 |
| Document Type: | | Working Paper |
| Appears in Collections: | | WIDER Working Papers, United Nations University (UNU)
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