Growth is Good for the Poor

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collection.link.5
https://openknowledge.worldbank.org/handle/10986/9
collection.name.5
Policy Research Working Papers
dc.contributor.author
Dollar, David
dc.contributor.author
Kraay, Aart
dc.date.accessioned
2014-08-26T15:40:30Z
dc.date.available
2014-08-26T15:40:30Z
dc.date.issued
2001-04
dc.date.lastModified
2021-04-23T14:03:43Z
dc.description.abstract
When average income rises, the average incomes of the poorest fifth of society rise proportionately. This is a consequence of the strong empirical regularity that the share of income accruing to the bottom quintile does not vary systematically with average income. The authors document this empirical regularity in a sample of 92 countries spanning the past four decades and show that it holds across regions, periods, income levels, and growth rates. The authors next ask whether the factors that explain cross-country differences in the growth rates of average incomes have differential effects on the poorest fifth of society. They find that several determinants of growth--such as good rule of law, opennness to international trade, and developed financial markets--have little systematic effect on the share of income that accrues to the bottom quintile. Consequently, these factors benefit the poorest fifth of society as much as everyone else. Thee is some weak evidence that stabilization from high inflation and reductions in the overall size of government not only increase growth but also increase the income share of the poorest fifth in society. Finally, the authors examine several factors commonly thought to disproportionately benefit the poorest in society, but find little evidence of their effects. The absence of robust findings emphasizes that relatively little is known about the broad forces that account for the cross-country and intertemporal variation in the share of income accruing to the poorest fifth of society.
en
dc.identifier
http://documents.worldbank.org/curated/en/2001/04/1089579/growth-good-poor
dc.identifier.uri
http://hdl.handle.net/10986/19679
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Policy Research Working Paper;No. 2587
dc.rights
CC BY 3.0 IGO
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
AGRICULTURAL PRODUCTIVITY
dc.subject
AGRICULTURE
dc.subject
ANNUAL CHANGE
dc.subject
ANNUAL GROWTH
dc.subject
ANNUAL OBSERVATIONS
dc.subject
AVERAGE ANNUAL
dc.subject
AVERAGE INCOME
dc.subject
AVERAGE INCOMES
dc.subject
BENCHMARK
dc.subject
CAPITAL CONTROLS
dc.subject
CONDITIONAL CONVERGENCE
dc.subject
CONSUMPTION
dc.subject
COUNTRY EFFECTS
dc.subject
COUNTRY-SPECIFIC EFFECTS
dc.subject
CRISES
dc.subject
CROSS-COUNTRY DIFFERENCES
dc.subject
DATA AVAILABILITY
dc.subject
DEMOCRACY
dc.subject
DEMOCRATIC INSTITUTIONS
dc.subject
DEVELOPED COUNTRIES
dc.subject
DEVELOPING COUNTRIES
dc.subject
DEVELOPMENT RESEARCH
dc.subject
DIFFERENCES IN INCOME
dc.subject
DISTRIBUTION EFFECT
dc.subject
DISTRIBUTION FUNCTION
dc.subject
DISTRIBUTIONAL EFFECT
dc.subject
DISTRIBUTIONAL EFFECTS
dc.subject
DYNAMIC PANEL
dc.subject
ECONOMETRIC PROBLEMS
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC INTEGRATION
dc.subject
EDUCATIONAL ATTAINMENT
dc.subject
ELASTICITY
dc.subject
EMPIRICAL EVIDENCE
dc.subject
EMPIRICAL GROWTH LITERATURE
dc.subject
EMPIRICAL LITERATURE
dc.subject
EMPIRICAL REGULARITY
dc.subject
ERROR TERM
dc.subject
ERROR TERMS
dc.subject
EXCHANGE RATE
dc.subject
EXCHANGE RATES
dc.subject
EXPENDITURES
dc.subject
EXPLANATORY VARIABLE
dc.subject
FACTOR ENDOWMENTS
dc.subject
FINANCIAL CRISIS
dc.subject
FINANCIAL DEVELOPMENT
dc.subject
FINANCIAL MARKETS
dc.subject
FINANCIAL SECTOR
dc.subject
FIXED EFFECTS
dc.subject
GDP
dc.subject
GDP PER CAPITA
dc.subject
GINI COEFFICIENT
dc.subject
GROSS INCOME
dc.subject
GROWTH EFFECT
dc.subject
GROWTH EPISODES
dc.subject
GROWTH MODELS
dc.subject
GROWTH RATES
dc.subject
GROWTH REGRESSIONS
dc.subject
GROWTH-POVERTY RELATIONSHIP
dc.subject
HEALTH OUTCOMES
dc.subject
HETEROSKEDASTICITY
dc.subject
HIGH INFLATION
dc.subject
HOUSEHOLD INCOME
dc.subject
HOUSEHOLD SURVEYS
dc.subject
INCOME
dc.subject
INCOME DISTRIBUTION
dc.subject
INCOME DISTRIBUTION DATA
dc.subject
INCOME GROWTH
dc.subject
INCOME INEQUALITY
dc.subject
INCOME LEVELS
dc.subject
INCOME SHARE
dc.subject
INCREASE GROWTH
dc.subject
INCREASED INEQUALITY
dc.subject
INCREASES
dc.subject
INFANT MORTALITY
dc.subject
INTERNATIONAL OPENNESS
dc.subject
INTERNATIONAL TRADE
dc.subject
INTERTEMPORAL VARIATION
dc.subject
LABOR PRODUCTIVITY
dc.subject
LINEAR RELATIONSHIP
dc.subject
LIVING STANDARDS
dc.subject
LONG RUN
dc.subject
LORENZ CURVE
dc.subject
MACRO STABILITY
dc.subject
MACROECONOMIC POLICIES
dc.subject
MACROECONOMIC STABILITY
dc.subject
MACROECONOMICS
dc.subject
MEAN DIFFERENCES
dc.subject
MEAN INCOME
dc.subject
MEAN INCOMES
dc.subject
MEASUREMENT ERROR
dc.subject
NATIONAL ACCOUNTS
dc.subject
NATIONAL INCOME
dc.subject
NEGATIVE EFFECT
dc.subject
NEGATIVE RELATIONSHIP
dc.subject
NORMAL DISTRIBUTION
dc.subject
0 HYPOTHESIS
dc.subject
OPEN MARKETS
dc.subject
PER CAPITA INCOME
dc.subject
PER CAPITA INCOMES
dc.subject
POINT ESTIMATES
dc.subject
POLICY INTERVENTIONS
dc.subject
POLICY PACKAGE
dc.subject
POLICY RESEARCH
dc.subject
POOR COUNTRIES
dc.subject
POOR HOUSEHOLDS
dc.subject
POOR PEOPLE
dc.subject
POSITIVE EFFECT
dc.subject
POSITIVE EFFECTS
dc.subject
POVERTY HEADCOUNT
dc.subject
POVERTY LINE
dc.subject
POVERTY RATE
dc.subject
POVERTY REDUCTION
dc.subject
POVERTY REDUCTION STRATEGY
dc.subject
POWER PARITY
dc.subject
PRIMARY SCHOOL
dc.subject
PRIVATE PROPERTY
dc.subject
PRO-POOR
dc.subject
PROPERTY RIGHTS
dc.subject
PUBLIC INVESTMENT
dc.subject
PUBLIC SPENDING
dc.subject
PURCHASING POWER
dc.subject
PURCHASING POWER PARITY
dc.subject
QUALITY STANDARDS
dc.subject
REGIONAL DUMMIES
dc.subject
RELATIVE INCOMES
dc.subject
REVERSE CAUSATION
dc.subject
RICH COUNTRIES
dc.subject
RULE OF LAW
dc.subject
RURAL AREAS
dc.subject
SIGNIFICANT EVIDENCE
dc.subject
SIGNIFICANT IMPACT
dc.subject
SOCIAL SAFETY
dc.subject
SOCIAL SAFETY NETS
dc.subject
SOCIAL SERVICES
dc.subject
SOCIAL SPENDING
dc.subject
STANDARD DEVIATION
dc.subject
TIME SERIES
dc.subject
TRANSITION ECONOMIES
dc.subject
WORLD TRADE ORGANIZATION
dc.title
Growth is Good for the Poor
en
okr.date.disclosure
2001-04-30
okr.doctype
Publications & Research :: Policy Research Working Paper
okr.doctype
Publications & Research
okr.docurl
http://documents.worldbank.org/curated/en/2001/04/1089579/growth-good-poor
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Poverty
okr.globalpractice
Governance
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/1813-9450-2587
okr.identifier.externaldocumentum
000094946_01042806383524
okr.identifier.internaldocumentum
1089579
okr.identifier.report
WPS2587
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2001/05/11/000094946_01042806383524/Rendered/PDF/multi0page.pdf
en
okr.theme
Social protection and risk management
okr.topic
Poverty Reduction :: Achieving Shared Growth
okr.topic
Economic Theory and Research
okr.topic
Macroeconomics and Economic Growth :: Economic Conditions and Volatility
okr.topic
Poverty Reduction :: Poverty Impact Evaluation
okr.topic
Environmental Economics and Policies
okr.topic
Services and Transfers to Poor
okr.topic
Poverty Reduction :: Inequality
okr.topic
Governance :: Governance Indicators
okr.unit
Macroeconomics and Growth, Development Research Group
okr.volume
1

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