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Poverty: Looking for the Real Elasticities

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Author Info
Florent BRESSON () (Centre d'Etudes et de Recherches sur le Développement International)

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Abstract

After decades of intensive research on the statistical size distribution of income and despite its empirical weaknesses, the lognormal distribution still enjoys an important popularity in the applied literature dedicated to poverty and inequality. In the present study, we emphasize the drawbacks of this choice for the calculation of the elasticities of poverty. Using last version of WIID database, we estimate the growth and inequality elasticities of poverty using 1,842 income distributions under fifteen rival distribution assumptions. Our results confirm that the lognormal distribution is not appropriate for the analysis of poverty. Most of the time, it implies an overestimation of the elasticities and bias our estimation of the relative impact of growth and redistribution on poverty alleviation.

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File URL: http://publi.cerdi.org/ed/2006/2006.18.pdf
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Publisher Info
Paper provided by CERDI in its series Working Papers with number 200618.

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Length: 37
Date of creation: 2006
Date of revision:
Handle: RePEc:cdi:wpaper:812

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This page was last updated on 2009-12-22.


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