Working Paper

Growth (But Not Only) Is Good for the Poor : Some Cross-Country Evidence to Promote Growth and Shared Prosperity in Haiti

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collection.link.5
https://openknowledge.worldbank.org/handle/10986/9
collection.name.5
Policy Research Working Papers
dc.contributor.author
Antoine, Kassia
dc.contributor.author
Singh, Raju Jan
dc.contributor.author
Wacker, Konstantin M.
dc.date.accessioned
2017-02-22T22:53:11Z
dc.date.available
2017-02-22T22:53:11Z
dc.date.issued
2017-02
dc.date.lastModified
2021-06-08T14:42:47Z
dc.description.abstract
Many low-income countries, such as Haiti, have high ambitions and socioeconomic needs to achieve substantial income growth, especially for the poorest income quintiles. This situation raises the question of policy prioritization, which is often difficult to address, since reliable country-specific micro data are scarce in most low-income countries. Although many studies have investigated the determinants of growth of gross domestic product, less is known about the factors influencing household incomes at the lowest segments of the income distribution. Focusing on the specific case of Haiti, a country with one of the lowest income levels, this paper proposes an approach to handle this challenge: it estimates income drivers for the poorest two income quintiles from cross-country regressions. The results suggest that maintaining macroeconomic stability as well as investing in human and physical capital would not only be associated with faster overall economic growth, but also with even faster income growth for the poorest segments of the population. Thus, there need not be a trade-off between inequality and growth. Economies could foster faster growth while also increasing inclusiveness, ensuring that everyone can live up to their potential.
en
dc.identifier
http://documents.worldbank.org/curated/en/225341487259094529/Growth-but-not-only-is-good-for-the-poor-some-cross-country-evidence-to-promote-growth-and-shared-prosperity-in-Haiti
dc.identifier.uri
http://hdl.handle.net/10986/26142
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Policy Research Working Paper;No. 7975
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
shared prosperity
dc.subject
economic growth
dc.subject
poverty reduction
dc.subject
inequality
dc.subject
education
dc.subject
infrastructure
dc.subject
macroeconomic stability
dc.subject
panel data
dc.subject
income distribution
dc.subject
low-income country
dc.subject
income drivers
dc.title
Growth (But Not Only) Is Good for the Poor
en
dc.title.subtitle
Some Cross-Country Evidence to Promote Growth and Shared Prosperity in Haiti
en
dc.type
Working Paper
en
okr.crossref.title
Growth (But Not Only) Is Good for the Poor: Some Cross-Country Evidence to Promote Growth and Shared Prosperity in Haiti
okr.date.disclosure
2017-02-16
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Policy Research Working Paper
okr.docurl
http://documents.worldbank.org/curated/en/225341487259094529/Growth-but-not-only-is-good-for-the-poor-some-cross-country-evidence-to-promote-growth-and-shared-prosperity-in-Haiti
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/1813-9450-7975
okr.identifier.externaldocumentum
090224b084950067_2_0
okr.identifier.internaldocumentum
27198130
okr.identifier.report
WPS7975
okr.imported
true
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/225341487259094529/pdf/WPS7975.pdf
en
okr.region.administrative
Latin America & Caribbean
okr.region.country
Haiti
okr.statistics.dr
225341487259094529
okr.topic
Poverty Reduction :: Achieving Shared Growth
okr.topic
Poverty Reduction :: Pro-Poor Growth
okr.topic
Poverty Reduction :: Inequality
okr.topic
Poverty Reduction :: Development Patterns and Poverty
okr.unit
Office of the Chief Economist, and Haiti Country Management Unit

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