Global Estimates of Pro-Poor Growth
The main objective of the present paper is to present a cross-country analysis of pro-poor growth in 80 countries in 237 growth spells during the period 1984-2001. To achieve this objective, the paper proposes a new measure of pro-poor growth that captures gains and losses of growth rates due to changes in the distribution of consumption. The gains imply pro-poor growth, while the losses imply anti-poor growth. The statistical test carried out in the paper shows that regional location of countries has a significant association with the pro-poorness of growth. The paper also attempts to test for the association between growth patterns and certain variables that the literature has identified as significant determinants of growth and inequality. Out of many variables, the paper focuses on four, namely, inflation, the share of agriculture in GDP, openness to trade, and the rule of law.
|Date of creation:||Oct 2006|
|Publication status:||Published by UNDP - International Poverty Centre, October 2006, pages 1-27|
|Contact details of provider:|| Web page: http://www.ipc-undp.org|
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References listed on IDEAS
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- Pierre-Richard Agénor, 2004.
"Macroeconomic Adjustment and the Poor: Analytical Issues and Cross-Country Evidence,"
Journal of Economic Surveys,
Wiley Blackwell, vol. 18, pages 351-408, 07.
- Agenor, Pierre-Richard, 2002. "Macroeconomic adjustment and the poor : analytical issues and cross-country evidence," Policy Research Working Paper Series 2788, The World Bank.
- Kaufmann, Daniel & Kraay, Aart & Mastruzzi, Massimo, 2005. "Measuring Governance Using Cross-Country Perceptions Data," MPRA Paper 8219, University Library of Munich, Germany.
- Atkinson, A B, 1987. "On the Measurement of Poverty," Econometrica, Econometric Society, vol. 55(4), pages 749-764, July.
- Son, Hyun Hwa, 2004. "A note on pro-poor growth," Economics Letters, Elsevier, vol. 82(3), pages 307-314, March.
- Hafiz A. Pasha & T. Palanivel, 2003. "Pro-poor Growth and Policies: The Asian Experience," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 42(4), pages 313-348. Full references (including those not matched with items on IDEAS)