Publication:
Accelerating Poverty Reduction in a Less Poor World : The Roles of Growth and Inequality

dc.contributor.authorOlinto, Pedro
dc.contributor.authorLara Ibarra, Gabriel
dc.contributor.authorSaavedra-Chanduvi, Jaime
dc.date.accessioned2014-05-15T16:12:58Z
dc.date.available2014-05-15T16:12:58Z
dc.date.issued2014-05
dc.description.abstractThis paper re-examines the roles of changes in income and inequality in poverty reduction. The study provides estimates of the relative effects of inequality reduction versus growth promotion in reducing poverty for countries with different levels of initial poverty. The analysis uses country panel-data for 1980-2010. The results indicate that, as countries become less poor, inequality-reducing policies are likely to become relatively more effective for poverty reduction than growth-promoting policies. The results indicate that the growth elasticity of poverty reduction either increases or remains constant with the level of initial poverty. Nevertheless, the results also strongly indicate that, as poverty declines, the inequality elasticity of poverty reduction increases faster. Therefore, if the marginal cost of reducing inequality relative to the marginal cost of increasing growth does not increase with lower poverty levels, to accelerate poverty reduction, greater emphasis should be given to equity rather than growth as countries attain higher levels of development.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/05/19457702/accelerating-poverty-reduction-less-poor-world-roles-growth-inequality
dc.identifier.urihttps://hdl.handle.net/10986/18347
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 6855
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectABSOLUTE TERMS
dc.subjectABSOLUTE VALUE
dc.subjectAVERAGE INCOME
dc.subjectAVERAGE INCOMES
dc.subjectCHANGES IN POVERTY
dc.subjectCOUNTRY CHARACTERISTICS
dc.subjectCOUNTRY EFFECTS
dc.subjectCOUNTRY SPECIFIC
dc.subjectCOUNTRY-SPECIFIC EFFECTS
dc.subjectDATA AVAILABILITY
dc.subjectDATA SET
dc.subjectDEPENDENT VARIABLE
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING WORLD
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICY
dc.subjectDEVELOPMENT REPORT
dc.subjectDROP IN POVERTY
dc.subjectECONOMETRIC MODEL
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC REVIEW
dc.subjectECONOMIC STUDIES
dc.subjectEMPIRICAL ESTIMATES
dc.subjectEMPIRICAL MODEL
dc.subjectEMPLOYMENT EQUATIONS
dc.subjectENDOGENOUS VARIABLES
dc.subjectEXPLANATORY POWER
dc.subjectFIXED EFFECTS
dc.subjectFIXED EFFECTS ESTIMATION
dc.subjectGINI COEFFICIENT
dc.subjectGINI INDEX
dc.subjectGROSS INCOME
dc.subjectGROWTH ELASTICITY
dc.subjectGROWTH PRO-POOR
dc.subjectGROWTH RATE
dc.subjectGROWTH THEORY
dc.subjectHEADCOUNT POVERTY
dc.subjectHIGHER INEQUALITY
dc.subjectHOUSEHOLD SURVEYS
dc.subjectIMPACT ON POVERTY REDUCTION
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME ELASTICITY
dc.subjectINCOME GROWTH
dc.subjectINCOME INEQUALITY
dc.subjectINCOME SHARE
dc.subjectINCREASED INEQUALITY
dc.subjectINCREASING FUNCTION
dc.subjectINCREASING GROWTH
dc.subjectINEQUALITY CHANGES
dc.subjectINEQUALITY ELASTICITIES
dc.subjectINEQUALITY ELASTICITY
dc.subjectINEQUALITY MEASURES
dc.subjectINEQUALITY REDUCTION
dc.subjectLAGGED DEPENDENT
dc.subjectLAGGED VALUES
dc.subjectLINEAR MODEL
dc.subjectLOG NORMAL
dc.subjectLOG-NORMALITY ASSUMPTION
dc.subjectLOW POVERTY RATES
dc.subjectMACROECONOMIC PERFORMANCE
dc.subjectMARGINAL COST
dc.subjectMARGINAL COSTS
dc.subjectMARKET ECONOMIES
dc.subjectMEAN INCOME
dc.subjectMEDIAN POVERTY
dc.subjectNATURAL RESOURCES
dc.subjectNEGATIVE EFFECT
dc.subjectNEGATIVE RELATIONSHIP
dc.subjectNET INCOME
dc.subject0 HYPOTHESIS
dc.subjectOBSERVED POVERTY REDUCTION
dc.subjectOBSERVED VALUE
dc.subjectPOLICY DESIGN
dc.subjectPOLICY DISCUSSIONS
dc.subjectPOLICY IMPLICATIONS
dc.subjectPOLICY RESEARCH
dc.subjectPOVERTY CHANGES
dc.subjectPOVERTY DECLINES
dc.subjectPOVERTY GAP
dc.subjectPOVERTY GROWTH
dc.subjectPOVERTY LEVELS
dc.subjectPOVERTY LINE
dc.subjectPOVERTY LINES
dc.subjectPOVERTY MEASURES
dc.subjectPOVERTY RATE
dc.subjectPOVERTY RATES
dc.subjectPOVERTY REDUCTION
dc.subjectPOWER PARITY
dc.subjectPRO-POOR GROWTH
dc.subjectRANDOM EFFECTS
dc.subjectREAL INCOME
dc.subjectREDUCING INEQUALITY
dc.subjectREDUCING POVERTY
dc.subjectRELATIVE IMPORTANCE
dc.subjectRISING INEQUALITY
dc.subjectRURAL AREAS
dc.subjectSIGNIFICANT EFFECT
dc.subjectSIGNIFICANT NEGATIVE
dc.subjectSTANDARD DEVIATION
dc.subjectTRANSITION COUNTRIES
dc.titleAccelerating Poverty Reduction in a Less Poor World : The Roles of Growth and Inequalityen
dspace.entity.typePublication
okr.date.disclosure2014-05-01
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2014/05/19457702/accelerating-poverty-reduction-less-poor-world-roles-growth-inequality
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticePoverty
okr.identifier.doi10.1596/1813-9450-6855
okr.identifier.externaldocumentum000158349_20140506084520
okr.identifier.internaldocumentum19457702
okr.identifier.reportWPS6855
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/05/06/000158349_20140506084520/Rendered/PDF/WPS6855.pdfen
okr.topicPoverty Reduction::Rural Poverty Reduction
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicPoverty Reduction::Inequality
okr.topicMacroeconomics and Economic Growth::Regional Economic Development
okr.topicServices and Transfers to Poor
okr.unitPoverty Reduction and Equity Unit, Poverty Reduction and Economic Management Network
okr.volume1 of 1
relation.isAuthorOfPublication4b7133d6-4afa-5902-a282-638032e51f3c
relation.isAuthorOfPublication.latestForDiscovery4b7133d6-4afa-5902-a282-638032e51f3c
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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