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Inequality and the growth-poverty nexus: specification empirics using African data

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  • Augustin Kwasi Fosu

Abstract

Applying analysis-of-covariance to 1990s African data, the study finds the impact of growth as a decreasing function of inequality and a poverty-growth elasticity range of 0.02-0.68 across the sample of countries.

Suggested Citation

  • Augustin Kwasi Fosu, 2008. "Inequality and the growth-poverty nexus: specification empirics using African data," Applied Economics Letters, Taylor & Francis Journals, vol. 15(7), pages 563-566.
    • Handle: RePEc:taf:apeclt:v:15:y:2008:i:7:p:563-566
    DOI: 10.1080/13504850600706669
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    References listed on IDEAS

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    1. Ravallion, Martin, 1997. "Can high-inequality developing countries escape absolute poverty?," Economics Letters, Elsevier, vol. 56(1), pages 51-57, September.
    2. Hicks, Norman & Streeten, Paul, 1979. "Indicators of development: The search for a basic needs yardstick," World Development, Elsevier, vol. 7(6), pages 567-580, June.
    3. Ali Abdel Gadir Ali & Erik Thorbecke, 2000. "The State and Path of Poverty in Sub-Saharan Africa: some Preliminary Results," Journal of African Economies, Centre for the Study of African Economies, vol. 9(Supplemen), pages 9-40.
    4. Fosu, A. K., 2001. "Political instability and economic growth in developing economies: some specification empirics," Economics Letters, Elsevier, vol. 70(2), pages 289-294, February.
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