Pro-Growth, Pro-Poor: Is There a Tradeoff?

Is a pro-growth strategy always the best pro-poor strategy? To address this issue, the author provides an empirical evaluation of the impact of a series of pro-growth policies on inequality and headcount poverty. He relies on a large macroeconomic...

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Main Author:	Lopez, J. Humberto
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, D.C. 2013
Subjects:	AVERAGE INCOME CONFLICT DESCRIPTIVE STATISTICS ECONOMIC DEVELOPMENT ECONOMIC DOWNTURNS ECONOMIC GROWTH ELASTICITIES ELASTICITY OF POVERTY EMPIRICAL EVIDENCE EMPIRICAL STUDIES EXCHANGE RATE EXPENDITURES GDP GINI COEFFICIENT GINI INDEX GROWTH RATE HOUSEHOLD SURVEYS INCOME INCOME DISTRIBUTION INCOME INEQUALITY INCOME LEVELS INEQUALITY INFLATION INFLATION RATE INTERVENTION LIBERALIZATION MACROECONOMIC STABILITY OIL PER CAPITA INCOME PER CAPITA INCOME LEVELS POLITICAL ECONOMY POVERTY LINE POVERTY MEASURES POVERTY REDUCTION PROGRAMS REDUCING POVERTY SQUARED POVERTY GAP STRUCTURAL ADJUSTMENT TERMS OF TRADE
Online Access:	http://documents.worldbank.org/curated/en/2004/08/5141895/pro-growth-pro-poor-tradeoff http://hdl.handle.net/10986/14124

id	okr-10986-14124
recordtype	oai_dc
spelling	okr-10986-141242021-04-23T14:03:21Z Pro-Growth, Pro-Poor: Is There a Tradeoff? Lopez, J. Humberto AVERAGE INCOME CONFLICT DESCRIPTIVE STATISTICS ECONOMIC DEVELOPMENT ECONOMIC DOWNTURNS ECONOMIC GROWTH ELASTICITIES ELASTICITY OF POVERTY EMPIRICAL EVIDENCE EMPIRICAL STUDIES EXCHANGE RATE EXPENDITURES GDP GINI COEFFICIENT GINI INDEX GROWTH RATE HOUSEHOLD SURVEYS INCOME INCOME DISTRIBUTION INCOME INEQUALITY INCOME LEVELS INEQUALITY INFLATION INFLATION RATE INTERVENTION LIBERALIZATION MACROECONOMIC STABILITY OIL PER CAPITA INCOME PER CAPITA INCOME LEVELS POLITICAL ECONOMY POVERTY LINE POVERTY MEASURES POVERTY REDUCTION PROGRAMS REDUCING POVERTY SQUARED POVERTY GAP STRUCTURAL ADJUSTMENT TERMS OF TRADE Is a pro-growth strategy always the best pro-poor strategy? To address this issue, the author provides an empirical evaluation of the impact of a series of pro-growth policies on inequality and headcount poverty. He relies on a large macroeconomic data set and estimate dynamic panel models that allows him to differentiate between the short- and long-run impacts of the policies under consideration on growth, inequality, and poverty. The author's findings indicate that regardless of their impact on inequality, pro-growth policies lead to lower poverty levels in the long run. However, he also finds evidence indicating that some of these policies may lead to higher inequality and, under plausible assumptions for the distribution of income, to higher poverty levels in the short run. These findings would justify the adoption of a pro-growth policy package as the center of any poverty reduction strategy, together with pro-poor measures that complement such a package by offsetting potential short-run increases in poverty. 2013-06-21T18:43:55Z 2013-06-21T18:43:55Z 2004-08 http://documents.worldbank.org/curated/en/2004/08/5141895/pro-growth-pro-poor-tradeoff http://hdl.handle.net/10986/14124 English en_US Policy Research Working Paper;No.3378 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, D.C. Publications & Research :: Policy Research Working Paper Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	AVERAGE INCOME CONFLICT DESCRIPTIVE STATISTICS ECONOMIC DEVELOPMENT ECONOMIC DOWNTURNS ECONOMIC GROWTH ELASTICITIES ELASTICITY OF POVERTY EMPIRICAL EVIDENCE EMPIRICAL STUDIES EXCHANGE RATE EXPENDITURES GDP GINI COEFFICIENT GINI INDEX GROWTH RATE HOUSEHOLD SURVEYS INCOME INCOME DISTRIBUTION INCOME INEQUALITY INCOME LEVELS INEQUALITY INFLATION INFLATION RATE INTERVENTION LIBERALIZATION MACROECONOMIC STABILITY OIL PER CAPITA INCOME PER CAPITA INCOME LEVELS POLITICAL ECONOMY POVERTY LINE POVERTY MEASURES POVERTY REDUCTION PROGRAMS REDUCING POVERTY SQUARED POVERTY GAP STRUCTURAL ADJUSTMENT TERMS OF TRADE
spellingShingle	AVERAGE INCOME CONFLICT DESCRIPTIVE STATISTICS ECONOMIC DEVELOPMENT ECONOMIC DOWNTURNS ECONOMIC GROWTH ELASTICITIES ELASTICITY OF POVERTY EMPIRICAL EVIDENCE EMPIRICAL STUDIES EXCHANGE RATE EXPENDITURES GDP GINI COEFFICIENT GINI INDEX GROWTH RATE HOUSEHOLD SURVEYS INCOME INCOME DISTRIBUTION INCOME INEQUALITY INCOME LEVELS INEQUALITY INFLATION INFLATION RATE INTERVENTION LIBERALIZATION MACROECONOMIC STABILITY OIL PER CAPITA INCOME PER CAPITA INCOME LEVELS POLITICAL ECONOMY POVERTY LINE POVERTY MEASURES POVERTY REDUCTION PROGRAMS REDUCING POVERTY SQUARED POVERTY GAP STRUCTURAL ADJUSTMENT TERMS OF TRADE Lopez, J. Humberto Pro-Growth, Pro-Poor: Is There a Tradeoff?
relation	Policy Research Working Paper;No.3378
description	Is a pro-growth strategy always the best pro-poor strategy? To address this issue, the author provides an empirical evaluation of the impact of a series of pro-growth policies on inequality and headcount poverty. He relies on a large macroeconomic data set and estimate dynamic panel models that allows him to differentiate between the short- and long-run impacts of the policies under consideration on growth, inequality, and poverty. The author's findings indicate that regardless of their impact on inequality, pro-growth policies lead to lower poverty levels in the long run. However, he also finds evidence indicating that some of these policies may lead to higher inequality and, under plausible assumptions for the distribution of income, to higher poverty levels in the short run. These findings would justify the adoption of a pro-growth policy package as the center of any poverty reduction strategy, together with pro-poor measures that complement such a package by offsetting potential short-run increases in poverty.
format	Publications & Research :: Policy Research Working Paper
author	Lopez, J. Humberto
author_facet	Lopez, J. Humberto
author_sort	Lopez, J. Humberto
title	Pro-Growth, Pro-Poor: Is There a Tradeoff?
title_short	Pro-Growth, Pro-Poor: Is There a Tradeoff?
title_full	Pro-Growth, Pro-Poor: Is There a Tradeoff?
title_fullStr	Pro-Growth, Pro-Poor: Is There a Tradeoff?
title_full_unstemmed	Pro-Growth, Pro-Poor: Is There a Tradeoff?
title_sort	pro-growth, pro-poor: is there a tradeoff?
publisher	World Bank, Washington, D.C.
publishDate	2013
url	http://documents.worldbank.org/curated/en/2004/08/5141895/pro-growth-pro-poor-tradeoff http://hdl.handle.net/10986/14124
_version_	1764430562599108608

Pro-Growth, Pro-Poor: Is There a Tradeoff?

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