Publication:
A Normal Relationship? Poverty, Growth, and Inequality

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dc.contributor.authorLopez, J. Humberto
dc.contributor.authorServén, Luis
dc.date.accessioned2012-06-22T15:57:53Z
dc.date.available2012-06-22T15:57:53Z
dc.date.issued2006-01
dc.description.abstractUsing a large cross-country income distribution dataset spanning close to 800 country-year observations from industrial and developing countries, the authors show that the size distribution of per capita income is well approximated empirically by a lognormal density. The 0 hypothesis that per capita income follows a lognormal distribution cannot be rejected-although the same hypothesis is unambiguously rejected when applied to per capita consumption. The authors show that lognormality of per capita income has important implications for the relative roles of income growth and inequality changes in poverty reduction. When poverty reduction is the overriding policy objective, poorer and relatively equal countries may be willing to tolerate modest increases in income inequality in exchange for faster growth-more so than richer and highly unequal countries.en
dc.identifierhttp://documents.worldbank.org/curated/en/2006/01/6525961/normal-relationship-poverty-growth-inequality
dc.identifier.doi10.1596/1813-9450-3814
dc.identifier.urihttps://hdl.handle.net/10986/8791
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 3814
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectABSOLUTE VALUE
dc.subjectAGGREGATE GROWTH
dc.subjectAGGREGATE INCOME
dc.subjectAVERAGE INCOME
dc.subjectAVERAGE INCOME GROWTH
dc.subjectAVERAGE INCOMES
dc.subjectAVERAGE LEVEL
dc.subjectCONSUMPTION SMOOTHING
dc.subjectCOUNTRY INDEX
dc.subjectCOVARIANCE MATRIX
dc.subjectCROSS-COUNTRY DIFFERENCES
dc.subjectCROSS-COUNTRY INCOME
dc.subjectDECLINING INEQUALITY
dc.subjectDENSITY FUNCTION
dc.subjectDEPENDENT VARIABLE
dc.subjectDESCRIPTIVE STATISTICS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT POLICY
dc.subjectDISTRIBUTIONAL CHANGE
dc.subjectDISTRIBUTIONAL TERM
dc.subjectECONOMICS
dc.subjectECONOMICS LITERATURE
dc.subjectEFFECTIVE GROWTH
dc.subjectELASTICITY OF POVERTY
dc.subjectEMPIRICAL EVIDENCE
dc.subjectEMPIRICAL LITERATURE
dc.subjectEMPIRICAL MODEL
dc.subjectEMPIRICAL RESULTS
dc.subjectEMPIRICAL WORK
dc.subjectEQUAL COUNTRIES
dc.subjectEQUAL WEIGHT
dc.subjectERROR TERM
dc.subjectFUNCTIONAL FORM
dc.subjectGINI COEFFICIENT
dc.subjectGROSS INCOME
dc.subjectGROWTH
dc.subjectGROWTH COMPONENT
dc.subjectGROWTH EFFECT
dc.subjectGROWTH ELASTICITY
dc.subjectGROWTH RATE
dc.subjectGROWTH SPELLS
dc.subjectHEADCOUNT POVERTY
dc.subjectHEADCOUNT RATIO
dc.subjectHETEROSKEDASTICITY
dc.subjectHIGH INEQUALITY
dc.subjectHIGH INEQUALITY COUNTRIES
dc.subjectHOUSEHOLD SURVEYS
dc.subjectINCOME DATA
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME GROWTH
dc.subjectINCOME INEQUALITY
dc.subjectINCOME LEVELS
dc.subjectINCOME REDISTRIBUTION
dc.subjectINCOME SHARE
dc.subjectINCOME SHARES
dc.subjectINCOME SHORTFALL
dc.subjectINCREASING INEQUALITY
dc.subjectINDIVIDUAL INCOMES
dc.subjectINEQUALITY AVERSION
dc.subjectINEQUALITY CHANGES
dc.subjectINEQUALITY EFFECT
dc.subjectINEQUALITY ELASTICITY
dc.subjectINTEREST RATE
dc.subjectINTERVENTIONS
dc.subjectLINEAR REGRESSIONS
dc.subjectLOG INCOME
dc.subjectLONG RUN
dc.subjectLOW INCOME
dc.subjectLOW INEQUALITY
dc.subjectLOW INEQUALITY COUNTRIES
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMEAN INCOME
dc.subjectMEASUREMENT ERROR
dc.subjectMIDDLE INCOME
dc.subjectMINIMUM LEVEL
dc.subjectNATIONAL ACCOUNTS
dc.subjectNEGATIVE IMPACT
dc.subjectNET INCOME
dc.subjectNORMAL DISTRIBUTION
dc.subject0 HYPOTHESIS
dc.subjectOBSERVED CHANGE
dc.subjectPER CAPITA CONSUMPTION
dc.subjectPER CAPITA EXPENDITURE
dc.subjectPER CAPITA GROWTH
dc.subjectPER CAPITA GROWTH RATE
dc.subjectPER CAPITA INCOME
dc.subjectPER CAPITA INCOME LEVELS
dc.subjectPERSONAL INCOME
dc.subjectPOINT ESTIMATES
dc.subjectPOLICY MAKERS
dc.subjectPOLICY OBJECTIVE
dc.subjectPOLICY RESEARCH
dc.subjectPOOR
dc.subjectPOOR COUNTRIES
dc.subjectPOVERTY
dc.subjectPOVERTY CHANGES
dc.subjectPOVERTY DECLINES
dc.subjectPOVERTY GAP
dc.subjectPOVERTY HEADCOUNT
dc.subjectPOVERTY LINE
dc.subjectPOVERTY LINES
dc.subjectPOVERTY MEASURE
dc.subjectPOVERTY MEASURES
dc.subjectPOVERTY RATE
dc.subjectPOVERTY REDUCTION
dc.subjectPROPORTIONATE CHANGES
dc.subjectRANDOM EFFECTS
dc.subjectRANDOM EFFECTS MODEL
dc.subjectRELATIVE CONTRIBUTION
dc.subjectRELATIVE CONTRIBUTIONS
dc.subjectRELATIVE IMPORTANCE
dc.subjectRELATIVE INCOME
dc.subjectRELATIVE INCOME DISTRIBUTION
dc.subjectRELATIVE INCOMES
dc.subjectRELATIVE POVERTY
dc.subjectRELATIVE ROLE
dc.subjectRESIDUAL TERM
dc.subjectSIMULATIONS
dc.subjectSQUARED POVERTY GAP
dc.subjectSTANDARD DEVIATION
dc.subjectUNEQUAL COUNTRIES
dc.subjectWEALTH
dc.titleA Normal Relationship? Poverty, Growth, and Inequalityen
dspace.entity.typePublication
okr.crossref.titleA Normal Relationship ? Poverty, Growth, And Inequality
okr.date.doiregistration2025-04-10T09:54:52.559472Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2006/01/6525961/normal-relationship-poverty-growth-inequality
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticePoverty
okr.guid620771468150322825
okr.identifier.doi10.1596/1813-9450-3814
okr.identifier.externaldocumentum000016406_20060110164713
okr.identifier.internaldocumentum6525961
okr.identifier.reportWPS3814
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/01/10/000016406_20060110164713/Rendered/PDF/wps3814.pdfen
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicMacroeconomics and Economic Growth::Economic Conditions and Volatility
okr.topicPoverty Reduction::Poverty Impact Evaluation
okr.topicServices and Transfers to Poor
okr.topicPoverty Reduction::Inequality
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isAuthorOfPublication87169c2a-cc00-5945-b418-c06e0faeb3e2
relation.isAuthorOfPublication2c4139d2-7458-5296-9aea-6d3db3e1ae1e
relation.isAuthorOfPublication.latestForDiscovery2c4139d2-7458-5296-9aea-6d3db3e1ae1e
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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