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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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 |
_version_ |
1764429989754699776 |