Inequality and the Impact of Growth on Poverty: Comparative Evidence for Sub-Saharan Africa
AbstractThis study explores the extent to which inequality affects the impact of income growth on the rates of poverty changes in sub-Saharan Africa (SSA) compared to non-SSA, based on an unbalanced panel of 86 countries over 1977-2004. For all three measures of poverty�-�headcount, gap, and squared gap�-�the impact of GDP growth on poverty reduction is a decreasing function of initial inequality. The impacts are similar in direction for SSA and non-SSA, so that within both regions there are considerable disparities in the responsiveness of poverty to income growth, depending on inequality. Nevertheless, the income-growth elasticity is substantially less for SSA, implying relatively small poverty-reduction response to growth.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Journal of Development Studies.
Volume (Year): 45 (2009)
Issue (Month): 5 ()
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Other versions of this item:
- Augustin Kwasi Fosu, 2009. "Inequality and the Impact of Growth on Poverty: Comparative Evidence for Sub-Saharan Africa," Brooks World Poverty Institute Working Paper Series, BWPI, The University of Manchester 9809, BWPI, The University of Manchester.
- Fosu, Augustin Kwasi, 2008. "Inequality and the Impact of Growth on Poverty: Comparative Evidence for Sub-Saharan Africa," Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
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