Pro-poor Growth: Explaining the Cross-Country Variation in the Growth Elasticity of Poverty

The aim of this paper is to analyse the cross-country variation in the growth elasticity of poverty across a sample of developing countries during the period from 1990 to 2000. In order to identify variables that may explain the cross-country variation in the growth elasticity of poverty, the paper...

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Main Authors:	Chhibber, Ajay, Nayyar, Gaurav
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Measurement and Analysis of Poverty I320 Welfare and Poverty: Government Programs Provision and Effects of Welfare Programs I380 Macroeconomic Analyses of Economic Development O110 Economic Development: Human Resources Human Development Income Distribution Migration O150 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470
Online Access:	http://hdl.handle.net/10986/5522

id	okr-10986-5522
recordtype	oai_dc
spelling	okr-10986-55222021-04-23T14:02:22Z Pro-poor Growth: Explaining the Cross-Country Variation in the Growth Elasticity of Poverty Chhibber, Ajay Nayyar, Gaurav Measurement and Analysis of Poverty I320 Welfare and Poverty: Government Programs Provision and Effects of Welfare Programs I380 Macroeconomic Analyses of Economic Development O110 Economic Development: Human Resources Human Development Income Distribution Migration O150 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 The aim of this paper is to analyse the cross-country variation in the growth elasticity of poverty across a sample of developing countries during the period from 1990 to 2000. In order to identify variables that may explain the cross-country variation in the growth elasticity of poverty, the paper sets up a theoretical framework. Subsequently, the explanatory power of these variables is tested empirically by panel data econometric analysis. For a sample of 52 low and middle income countries, it is found that the level of initial income inequality, credit available to the private sector, literacy, the extent of business regulations and trade openness are important determinants of the growth elasticity of poverty. Countries that reduce regulatory burdens, improve literacy, increase access to finance, undertake land reforms (asset redistribution), and provide safety nets while liberalizing trade can create more growth and ensure that it is pro-poor. The paper identifies variables (at a cross-country level) that may guide the conscious policies which create pro-poor growth. 2012-03-30T07:33:14Z 2012-03-30T07:33:14Z 2008 Journal Article International Journal of Development Issues 14468956 http://hdl.handle.net/10986/5522 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Measurement and Analysis of Poverty I320 Welfare and Poverty: Government Programs Provision and Effects of Welfare Programs I380 Macroeconomic Analyses of Economic Development O110 Economic Development: Human Resources Human Development Income Distribution Migration O150 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470
spellingShingle	Measurement and Analysis of Poverty I320 Welfare and Poverty: Government Programs Provision and Effects of Welfare Programs I380 Macroeconomic Analyses of Economic Development O110 Economic Development: Human Resources Human Development Income Distribution Migration O150 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 Chhibber, Ajay Nayyar, Gaurav Pro-poor Growth: Explaining the Cross-Country Variation in the Growth Elasticity of Poverty
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	The aim of this paper is to analyse the cross-country variation in the growth elasticity of poverty across a sample of developing countries during the period from 1990 to 2000. In order to identify variables that may explain the cross-country variation in the growth elasticity of poverty, the paper sets up a theoretical framework. Subsequently, the explanatory power of these variables is tested empirically by panel data econometric analysis. For a sample of 52 low and middle income countries, it is found that the level of initial income inequality, credit available to the private sector, literacy, the extent of business regulations and trade openness are important determinants of the growth elasticity of poverty. Countries that reduce regulatory burdens, improve literacy, increase access to finance, undertake land reforms (asset redistribution), and provide safety nets while liberalizing trade can create more growth and ensure that it is pro-poor. The paper identifies variables (at a cross-country level) that may guide the conscious policies which create pro-poor growth.
format	Journal Article
author	Chhibber, Ajay Nayyar, Gaurav
author_facet	Chhibber, Ajay Nayyar, Gaurav
author_sort	Chhibber, Ajay
title	Pro-poor Growth: Explaining the Cross-Country Variation in the Growth Elasticity of Poverty
title_short	Pro-poor Growth: Explaining the Cross-Country Variation in the Growth Elasticity of Poverty
title_full	Pro-poor Growth: Explaining the Cross-Country Variation in the Growth Elasticity of Poverty
title_fullStr	Pro-poor Growth: Explaining the Cross-Country Variation in the Growth Elasticity of Poverty
title_full_unstemmed	Pro-poor Growth: Explaining the Cross-Country Variation in the Growth Elasticity of Poverty
title_sort	pro-poor growth: explaining the cross-country variation in the growth elasticity of poverty
publishDate	2012
url	http://hdl.handle.net/10986/5522
_version_	1764395352289443840

Pro-poor Growth: Explaining the Cross-Country Variation in the Growth Elasticity of Poverty

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