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The Making of Pro-poor Growth

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Abstract

A system of three endogenous equations is used to estimate the determinants of poverty eduction. The system incorporates: (i) the direct effect of growth and income inequality on poverty, (ii) the feedback effect of poverty on inequality and growth, and (iii) different channels through which economic policies can affect poverty reduction. Results indicate the existence of a virtuous and a vicious equilibrium. The policy mix is then critical in deciding to which of the two equilibria a country converges.

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  • Fabrizio Carmignani, "undated". "The Making of Pro-poor Growth," MRG Discussion Paper Series 2909, School of Economics, University of Queensland, Australia.
  • Handle: RePEc:qld:uqmrg6:29
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    File URL: http://www.uq.edu.au/economics/mrg/2909.pdf
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    1. repec:eee:wdevel:v:103:y:2018:i:c:p:60-71 is not listed on IDEAS
    2. Fabrizio Carmignani, 2011. "Development and large scale violence," Discussion Papers Series 433, School of Economics, University of Queensland, Australia.

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