Economic Mobility in Vietnam in the 1990s

Vietnam's high economic growth in the 1990s led to sharp reductions in poverty, yet over the same time period inequality increased. This increased inequality may be less worrisome if Vietnamese households experience a high degree of income mob...

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Main Authors: Glewwe, Paul, Nguyen, Phong
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, D.C. 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2002/05/1782530/economic-mobility-vietnam-1990s
http://hdl.handle.net/10986/14803
id okr-10986-14803
recordtype oai_dc
spelling okr-10986-148032021-04-23T14:03:20Z Economic Mobility in Vietnam in the 1990s Glewwe, Paul Nguyen, Phong CONSUMPTION EXPENDITURES COVARIANCE DATA SET DEVELOPING COUNTRIES DURABLE GOODS DWELLING ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC GROWTH ECONOMIC REVIEW ECONOMIC THEORY EMPIRICAL FINDINGS EMPIRICAL STUDIES EMPIRICAL WORK EQUATIONS GDP GENERAL EQUILIBRIUM MODEL GINI COEFFICIENT HEALTH OUTCOMES HOUSEHOLD INCOME HOUSEHOLD MEMBERS HOUSEHOLD SURVEYS HOUSEHOLDS INCOME INCOME DATA INCOME DISTRIBUTIONS INCOME GROWTH INCOMES INCREASED INEQUALITY INCREASING INEQUALITY INEQUALITY INHABITANTS INSTRUMENTAL VARIABLES INTERGENERATIONAL MOBILITY LABOR MARKET LIVING STANDARDS MACROECONOMICS MATRICES MATRIX MEASUREMENT ERROR MEASUREMENT ERRORS MOBILITY NEGATIVE CORRELATION PER CAPITA CONSUMPTION PER CAPITA INCOME POLICY IMPLICATIONS POLICY OPTIONS POLICY RESEARCH POOR COUNTRIES POSITIVE CORRELATION POVERTY REDUCTION PROBABILITY RANDOM ERRORS REAL EXCHANGE RATE REASONING REDUCING POVERTY REGRESSION RESULTS RELATIVE POSITION SAMPLE DESIGN SAMPLE SIZE STANDARD DEVIATION STANDARD DEVIATIONS STANDARD ERRORS TIME SERIES USE VALUE VALIDITY WEALTH ECONOMIC GROWTH INCOME DISTRIBUTION HOUSEHOLD SURVEYS Vietnam's high economic growth in the 1990s led to sharp reductions in poverty, yet over the same time period inequality increased. This increased inequality may be less worrisome if Vietnamese households experience a high degree of income mobility over time. This is because high mobility implies that the long-run distribution of income is more equally distributed than the short-run distribution, since some individuals or households are poor in some years, while others are poor in other years. The authors examine economic mobility in Vietnam using recent household survey panel data. The problem of measurement error in the income variable, which exaggerates the degree of economic mobility, is directly addressed. Correcting for measurement error dramatically changes the results. At least one half of measured mobility is because of measurement error. 2013-08-05T18:36:12Z 2013-08-05T18:36:12Z 2002-05 http://documents.worldbank.org/curated/en/2002/05/1782530/economic-mobility-vietnam-1990s http://hdl.handle.net/10986/14803 English en_US Policy Research Working Paper;No.2838 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 East Asia and Pacific Vietnam
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 CONSUMPTION EXPENDITURES
COVARIANCE
DATA SET
DEVELOPING COUNTRIES
DURABLE GOODS
DWELLING
ECONOMETRIC ANALYSIS
ECONOMETRICS
ECONOMIC GROWTH
ECONOMIC REVIEW
ECONOMIC THEORY
EMPIRICAL FINDINGS
EMPIRICAL STUDIES
EMPIRICAL WORK
EQUATIONS
GDP
GENERAL EQUILIBRIUM MODEL
GINI COEFFICIENT
HEALTH OUTCOMES
HOUSEHOLD INCOME
HOUSEHOLD MEMBERS
HOUSEHOLD SURVEYS
HOUSEHOLDS
INCOME
INCOME DATA
INCOME DISTRIBUTIONS
INCOME GROWTH
INCOMES
INCREASED INEQUALITY
INCREASING INEQUALITY
INEQUALITY
INHABITANTS
INSTRUMENTAL VARIABLES
INTERGENERATIONAL MOBILITY
LABOR MARKET
LIVING STANDARDS
MACROECONOMICS
MATRICES
MATRIX
MEASUREMENT ERROR
MEASUREMENT ERRORS
MOBILITY
NEGATIVE CORRELATION
PER CAPITA CONSUMPTION
PER CAPITA INCOME
POLICY IMPLICATIONS
POLICY OPTIONS
POLICY RESEARCH
POOR COUNTRIES
POSITIVE CORRELATION
POVERTY REDUCTION
PROBABILITY
RANDOM ERRORS
REAL EXCHANGE RATE
REASONING
REDUCING POVERTY
REGRESSION RESULTS
RELATIVE POSITION
SAMPLE DESIGN
SAMPLE SIZE
STANDARD DEVIATION
STANDARD DEVIATIONS
STANDARD ERRORS
TIME SERIES
USE VALUE
VALIDITY
WEALTH ECONOMIC GROWTH
INCOME DISTRIBUTION
HOUSEHOLD SURVEYS
spellingShingle CONSUMPTION EXPENDITURES
COVARIANCE
DATA SET
DEVELOPING COUNTRIES
DURABLE GOODS
DWELLING
ECONOMETRIC ANALYSIS
ECONOMETRICS
ECONOMIC GROWTH
ECONOMIC REVIEW
ECONOMIC THEORY
EMPIRICAL FINDINGS
EMPIRICAL STUDIES
EMPIRICAL WORK
EQUATIONS
GDP
GENERAL EQUILIBRIUM MODEL
GINI COEFFICIENT
HEALTH OUTCOMES
HOUSEHOLD INCOME
HOUSEHOLD MEMBERS
HOUSEHOLD SURVEYS
HOUSEHOLDS
INCOME
INCOME DATA
INCOME DISTRIBUTIONS
INCOME GROWTH
INCOMES
INCREASED INEQUALITY
INCREASING INEQUALITY
INEQUALITY
INHABITANTS
INSTRUMENTAL VARIABLES
INTERGENERATIONAL MOBILITY
LABOR MARKET
LIVING STANDARDS
MACROECONOMICS
MATRICES
MATRIX
MEASUREMENT ERROR
MEASUREMENT ERRORS
MOBILITY
NEGATIVE CORRELATION
PER CAPITA CONSUMPTION
PER CAPITA INCOME
POLICY IMPLICATIONS
POLICY OPTIONS
POLICY RESEARCH
POOR COUNTRIES
POSITIVE CORRELATION
POVERTY REDUCTION
PROBABILITY
RANDOM ERRORS
REAL EXCHANGE RATE
REASONING
REDUCING POVERTY
REGRESSION RESULTS
RELATIVE POSITION
SAMPLE DESIGN
SAMPLE SIZE
STANDARD DEVIATION
STANDARD DEVIATIONS
STANDARD ERRORS
TIME SERIES
USE VALUE
VALIDITY
WEALTH ECONOMIC GROWTH
INCOME DISTRIBUTION
HOUSEHOLD SURVEYS
Glewwe, Paul
Nguyen, Phong
Economic Mobility in Vietnam in the 1990s
geographic_facet East Asia and Pacific
Vietnam
relation Policy Research Working Paper;No.2838
description Vietnam's high economic growth in the 1990s led to sharp reductions in poverty, yet over the same time period inequality increased. This increased inequality may be less worrisome if Vietnamese households experience a high degree of income mobility over time. This is because high mobility implies that the long-run distribution of income is more equally distributed than the short-run distribution, since some individuals or households are poor in some years, while others are poor in other years. The authors examine economic mobility in Vietnam using recent household survey panel data. The problem of measurement error in the income variable, which exaggerates the degree of economic mobility, is directly addressed. Correcting for measurement error dramatically changes the results. At least one half of measured mobility is because of measurement error.
format Publications & Research :: Policy Research Working Paper
author Glewwe, Paul
Nguyen, Phong
author_facet Glewwe, Paul
Nguyen, Phong
author_sort Glewwe, Paul
title Economic Mobility in Vietnam in the 1990s
title_short Economic Mobility in Vietnam in the 1990s
title_full Economic Mobility in Vietnam in the 1990s
title_fullStr Economic Mobility in Vietnam in the 1990s
title_full_unstemmed Economic Mobility in Vietnam in the 1990s
title_sort economic mobility in vietnam in the 1990s
publisher World Bank, Washington, D.C.
publishDate 2013
url http://documents.worldbank.org/curated/en/2002/05/1782530/economic-mobility-vietnam-1990s
http://hdl.handle.net/10986/14803
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