Growth And The Poor: A Comment On Dollar And Kraay
In a recent paper Dollar and Kraay come to sweeping conclusions about economic growth and the poor. On the basis of the empirical work they assert that standard World Bank and IMF policy packages are good for the poor. This critique demonstrates that (i) the empirical work is based on theoretically unsound equations; (ii) the data are seriously flawed; and (iii) the policy variables are not defined appropriately and are tested in an inconsistent manner. These problems imply that the policy conclusions of the authors are unsafe.
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- John Weeks, 1997. "Analysis of the Demery and Squire 'Adjustment and Poverty' Evidence," Journal of International Development, John Wiley & Sons, Ltd., vol. 9(6), pages 827-836.
- Kanbur, Ravi, 2000.
"Income distribution and development,"
Handbook of Income Distribution,
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"Promise and Pitfalls in the Use of 'Secondary' Data -Sets: Income Inequality in OECD Countries,"
379, Banca Italia - Servizio di Studi.
- Anthony B. Atkinson & Andrea Brandolini, 2000. "Promise and Pitfalls in the Use of 'Secondary' Data-Sets: Income Inequality in OECD Countries," Temi di discussione (Economic working papers) 379, Bank of Italy, Economic Research and International Relations Area.
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