A Normal Relationship? Poverty, Growth, and Inequality

A Normal Relationship? Poverty, Growth, and Inequality

Using a large cross-country income distribution dataset spanning close to 800 country-year observations from industrial and developing countries, the authors show that the size distribution of per capita income is well approximated empirically by a lognormal density. The 0 hypothesis that per capita...

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Bibliographic Details
Main Authors: Lopez, J. Humberto, Servén, Luis
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ABSOLUTE VALUE
AGGREGATE GROWTH
AGGREGATE INCOME
AVERAGE INCOME
AVERAGE INCOME GROWTH
AVERAGE INCOMES
AVERAGE LEVEL
CONSUMPTION SMOOTHING
COUNTRY INDEX
COVARIANCE MATRIX
CROSS-COUNTRY DIFFERENCES
CROSS-COUNTRY INCOME
DECLINING INEQUALITY
DENSITY FUNCTION
DEPENDENT VARIABLE
DESCRIPTIVE STATISTICS
DEVELOPING COUNTRIES
DEVELOPMENT POLICY
DISTRIBUTIONAL CHANGE
DISTRIBUTIONAL TERM
ECONOMICS
ECONOMICS LITERATURE
EFFECTIVE GROWTH
ELASTICITY OF POVERTY
EMPIRICAL EVIDENCE
EMPIRICAL LITERATURE
EMPIRICAL MODEL
EMPIRICAL RESULTS
EMPIRICAL WORK
EQUAL COUNTRIES
EQUAL WEIGHT
ERROR TERM
FUNCTIONAL FORM
GINI COEFFICIENT
GROSS INCOME
GROWTH
GROWTH COMPONENT
GROWTH EFFECT
GROWTH ELASTICITY
GROWTH RATE
GROWTH SPELLS
HEADCOUNT POVERTY
HEADCOUNT RATIO
HETEROSKEDASTICITY
HIGH INEQUALITY
HIGH INEQUALITY COUNTRIES
HOUSEHOLD SURVEYS
INCOME DATA
INCOME DISTRIBUTION
INCOME GROWTH
INCOME INEQUALITY
INCOME LEVELS
INCOME REDISTRIBUTION
INCOME SHARE
INCOME SHARES
INCOME SHORTFALL
INCREASING INEQUALITY
INDIVIDUAL INCOMES
INEQUALITY AVERSION
INEQUALITY CHANGES
INEQUALITY EFFECT
INEQUALITY ELASTICITY
INTEREST RATE
INTERVENTIONS
LINEAR REGRESSIONS
LOG INCOME
LONG RUN
LOW INCOME
LOW INEQUALITY
LOW INEQUALITY COUNTRIES
LOW-INCOME COUNTRIES
MEAN INCOME
MEASUREMENT ERROR
MIDDLE INCOME
MINIMUM LEVEL
NATIONAL ACCOUNTS
NEGATIVE IMPACT
NET INCOME
NORMAL DISTRIBUTION
0 HYPOTHESIS
OBSERVED CHANGE
PER CAPITA CONSUMPTION
PER CAPITA EXPENDITURE
PER CAPITA GROWTH
PER CAPITA GROWTH RATE
PER CAPITA INCOME
PER CAPITA INCOME LEVELS
PERSONAL INCOME
POINT ESTIMATES
POLICY MAKERS
POLICY OBJECTIVE
POLICY RESEARCH
POOR
POOR COUNTRIES
POVERTY
POVERTY CHANGES
POVERTY DECLINES
POVERTY GAP
POVERTY HEADCOUNT
POVERTY LINE
POVERTY LINES
POVERTY MEASURE
POVERTY MEASURES
POVERTY RATE
POVERTY REDUCTION
PROPORTIONATE CHANGES
RANDOM EFFECTS
RANDOM EFFECTS MODEL
RELATIVE CONTRIBUTION
RELATIVE CONTRIBUTIONS
RELATIVE IMPORTANCE
RELATIVE INCOME
RELATIVE INCOME DISTRIBUTION
RELATIVE INCOMES
RELATIVE POVERTY
RELATIVE ROLE
RESIDUAL TERM
SIMULATIONS
SQUARED POVERTY GAP
STANDARD DEVIATION
UNEQUAL COUNTRIES
WEALTH
Online Access:http://documents.worldbank.org/curated/en/2006/01/6525961/normal-relationship-poverty-growth-inequality
http://hdl.handle.net/10986/8791

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