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Why Don't We See Poverty Convergence?

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Zeitschriftentitel: American Economic Review
Personen und Körperschaften: Ravallion, Martin
In: American Economic Review, 102, 2012, 1, S. 504-523
Format: E-Article
Sprache: Englisch
veröffentlicht:
American Economic Association
Schlagwörter:
Economics and Econometrics
author_facet Ravallion, Martin
Ravallion, Martin
author Ravallion, Martin
spellingShingle Ravallion, Martin
American Economic Review
Why Don't We See Poverty Convergence?
Economics and Econometrics
author_sort ravallion, martin
spelling Ravallion, Martin 0002-8282 American Economic Association Economics and Econometrics http://dx.doi.org/10.1257/aer.102.1.504 <jats:p> Average living standards are converging among developing countries and faster growing economies see more progress against poverty. Yet we do not find poverty convergence; countries starting with higher poverty rates do not see higher proportionate rates of poverty reduction. The paper tries to explain why. Analysis of a new dataset suggests that, at given mean consumption, high initial poverty has an adverse effect on consumption growth and also makes growth less poverty-reducing. Thus, for many poor countries, the growth advantage of starting out with a low mean is lost due to a high incidence of poverty. JEL: D63, I31, I32, O15 </jats:p> Why Don't We See Poverty Convergence? American Economic Review
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title Why Don't We See Poverty Convergence?
title_unstemmed Why Don't We See Poverty Convergence?
title_full Why Don't We See Poverty Convergence?
title_fullStr Why Don't We See Poverty Convergence?
title_full_unstemmed Why Don't We See Poverty Convergence?
title_short Why Don't We See Poverty Convergence?
title_sort why don't we see poverty convergence?
topic Economics and Econometrics
url http://dx.doi.org/10.1257/aer.102.1.504
publishDate 2012
physical 504-523
description <jats:p> Average living standards are converging among developing countries and faster growing economies see more progress against poverty. Yet we do not find poverty convergence; countries starting with higher poverty rates do not see higher proportionate rates of poverty reduction. The paper tries to explain why. Analysis of a new dataset suggests that, at given mean consumption, high initial poverty has an adverse effect on consumption growth and also makes growth less poverty-reducing. Thus, for many poor countries, the growth advantage of starting out with a low mean is lost due to a high incidence of poverty. JEL: D63, I31, I32, O15 </jats:p>
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description <jats:p> Average living standards are converging among developing countries and faster growing economies see more progress against poverty. Yet we do not find poverty convergence; countries starting with higher poverty rates do not see higher proportionate rates of poverty reduction. The paper tries to explain why. Analysis of a new dataset suggests that, at given mean consumption, high initial poverty has an adverse effect on consumption growth and also makes growth less poverty-reducing. Thus, for many poor countries, the growth advantage of starting out with a low mean is lost due to a high incidence of poverty. JEL: D63, I31, I32, O15 </jats:p>
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spelling Ravallion, Martin 0002-8282 American Economic Association Economics and Econometrics http://dx.doi.org/10.1257/aer.102.1.504 <jats:p> Average living standards are converging among developing countries and faster growing economies see more progress against poverty. Yet we do not find poverty convergence; countries starting with higher poverty rates do not see higher proportionate rates of poverty reduction. The paper tries to explain why. Analysis of a new dataset suggests that, at given mean consumption, high initial poverty has an adverse effect on consumption growth and also makes growth less poverty-reducing. Thus, for many poor countries, the growth advantage of starting out with a low mean is lost due to a high incidence of poverty. JEL: D63, I31, I32, O15 </jats:p> Why Don't We See Poverty Convergence? American Economic Review
spellingShingle Ravallion, Martin, American Economic Review, Why Don't We See Poverty Convergence?, Economics and Econometrics
title Why Don't We See Poverty Convergence?
title_full Why Don't We See Poverty Convergence?
title_fullStr Why Don't We See Poverty Convergence?
title_full_unstemmed Why Don't We See Poverty Convergence?
title_short Why Don't We See Poverty Convergence?
title_sort why don't we see poverty convergence?
title_unstemmed Why Don't We See Poverty Convergence?
topic Economics and Econometrics
url http://dx.doi.org/10.1257/aer.102.1.504