Growth is Good for the Poor

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...

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Bibliographic Details
Main Authors:	Dollar, David, Kraay, Aart
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	AGRICULTURAL PRODUCTIVITY AGRICULTURE ANNUAL CHANGE ANNUAL GROWTH ANNUAL OBSERVATIONS AVERAGE ANNUAL AVERAGE INCOME AVERAGE INCOMES BENCHMARK CAPITAL CONTROLS CONDITIONAL CONVERGENCE CONSUMPTION COUNTRY EFFECTS COUNTRY-SPECIFIC EFFECTS CRISES CROSS-COUNTRY DIFFERENCES DATA AVAILABILITY DEMOCRACY DEMOCRATIC INSTITUTIONS DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT RESEARCH DIFFERENCES IN INCOME DISTRIBUTION EFFECT DISTRIBUTION FUNCTION DISTRIBUTIONAL EFFECT DISTRIBUTIONAL EFFECTS DYNAMIC PANEL ECONOMETRIC PROBLEMS ECONOMIC GROWTH ECONOMIC INTEGRATION EDUCATIONAL ATTAINMENT ELASTICITY EMPIRICAL EVIDENCE EMPIRICAL GROWTH LITERATURE EMPIRICAL LITERATURE EMPIRICAL REGULARITY ERROR TERM ERROR TERMS EXCHANGE RATE EXCHANGE RATES EXPENDITURES EXPLANATORY VARIABLE FACTOR ENDOWMENTS FINANCIAL CRISIS FINANCIAL DEVELOPMENT FINANCIAL MARKETS FINANCIAL SECTOR FIXED EFFECTS GDP GDP PER CAPITA GINI COEFFICIENT GROSS INCOME GROWTH EFFECT GROWTH EPISODES GROWTH MODELS GROWTH RATES GROWTH REGRESSIONS GROWTH-POVERTY RELATIONSHIP HEALTH OUTCOMES HETEROSKEDASTICITY HIGH INFLATION HOUSEHOLD INCOME HOUSEHOLD SURVEYS INCOME INCOME DISTRIBUTION INCOME DISTRIBUTION DATA INCOME GROWTH INCOME INEQUALITY INCOME LEVELS INCOME SHARE INCREASE GROWTH INCREASED INEQUALITY INCREASES INFANT MORTALITY INTERNATIONAL OPENNESS INTERNATIONAL TRADE INTERTEMPORAL VARIATION LABOR PRODUCTIVITY LINEAR RELATIONSHIP LIVING STANDARDS LONG RUN LORENZ CURVE MACRO STABILITY MACROECONOMIC POLICIES MACROECONOMIC STABILITY MACROECONOMICS MEAN DIFFERENCES MEAN INCOME MEAN INCOMES MEASUREMENT ERROR NATIONAL ACCOUNTS NATIONAL INCOME NEGATIVE EFFECT NEGATIVE RELATIONSHIP NORMAL DISTRIBUTION 0 HYPOTHESIS OPEN MARKETS PER CAPITA INCOME PER CAPITA INCOMES POINT ESTIMATES POLICY INTERVENTIONS POLICY PACKAGE POLICY RESEARCH POOR COUNTRIES POOR HOUSEHOLDS POOR PEOPLE POSITIVE EFFECT POSITIVE EFFECTS POVERTY HEADCOUNT POVERTY LINE POVERTY RATE POVERTY REDUCTION POVERTY REDUCTION STRATEGY POWER PARITY PRIMARY SCHOOL PRIVATE PROPERTY PRO-POOR PROPERTY RIGHTS PUBLIC INVESTMENT PUBLIC SPENDING PURCHASING POWER PURCHASING POWER PARITY QUALITY STANDARDS REGIONAL DUMMIES RELATIVE INCOMES REVERSE CAUSATION RICH COUNTRIES RULE OF LAW RURAL AREAS SIGNIFICANT EVIDENCE SIGNIFICANT IMPACT SOCIAL SAFETY SOCIAL SAFETY NETS SOCIAL SERVICES SOCIAL SPENDING STANDARD DEVIATION TIME SERIES TRANSITION ECONOMIES WORLD TRADE ORGANIZATION
Online Access:	http://documents.worldbank.org/curated/en/2001/04/1089579/growth-good-poor http://hdl.handle.net/10986/19679