Arbeitspapier
Is there poverty convergence?
Martin Ravallion ("Why Don't We See Poverty Convergence?" American Economic Review, 102(1): 504-23; 2012) presents evidence against the existence of proportionate convergence in global poverty rates despite convergence in household mean income levels and the link between income growth and poverty reduction. We show that heterogeneity in this link affects the evidence of poverty convergence and that this result depends on the sample selected, especially on the inclusion of transition economies with poorly measured low poverty incidences. Motivating the poverty convergence equation with an arguably superior semi-elasticity specification, we find robust evidence of convergence in absolute poverty rates.
- Language
-
Englisch
- Bibliographic citation
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Series: Discussion Papers ; No. 230
- Classification
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Wirtschaft
Measurement and Analysis of Poverty
Personal Income, Wealth, and Their Distributions
Socialist Institutions and Their Transitions: Consumer Economics; Health; Education and Training: Welfare, Income, Wealth, and Poverty
- Subject
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poverty convergence
income inequality
economic growth
poverty trap
transition economies
- Event
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Geistige Schöpfung
- (who)
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Crespo Cuaresma, Jesús
Klasen, Stephan
Wacker, Konstantin M.
- Event
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Veröffentlichung
- (who)
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Georg-August-Universität Göttingen, Courant Research Centre - Poverty, Equity and Growth (CRC-PEG)
- (where)
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Göttingen
- (when)
-
2017
- Handle
- Last update
-
10.03.2025, 11:46 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Crespo Cuaresma, Jesús
- Klasen, Stephan
- Wacker, Konstantin M.
- Georg-August-Universität Göttingen, Courant Research Centre - Poverty, Equity and Growth (CRC-PEG)
Time of origin
- 2017
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