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  • 1
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (42 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ravallion, Martin Identifying Welfare Effects from Subjective Questions
    Keywords: Bank ; Current Income ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial Literacy ; Financial Support ; Future Incomes ; Household Income ; Household Incomes ; Income ; Incomes ; Inequality ; Information ; Labor Policies ; Macroeconomics and Economic Growth ; Money ; Monthly Income ; Personality Tra Personality Traits ; Population ; Poverty Diagnostics ; Poverty Impact Evaluation ; Poverty Monitoring and Analysis ; Poverty Reduction ; Psychological Traits ; Questionnaire ; Savings ; Services and Transfers to Poor ; Social Protections and Labor ; Unemployed ; Unemployment ; Welfare ; Bank ; Current Income ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial Literacy ; Financial Support ; Future Incomes ; Household Income ; Household Incomes ; Income ; Incomes ; Inequality ; Information ; Labor Policies ; Macroeconomics and Economic Growth ; Money ; Monthly Income ; Personality Tra Personality Traits ; Population ; Poverty Diagnostics ; Poverty Impact Evaluation ; Poverty Monitoring and Analysis ; Poverty Reduction ; Psychological Traits ; Questionnaire ; Savings ; Services and Transfers to Poor ; Social Protections and Labor ; Unemployed ; Unemployment ; Welfare
    Abstract: March 2000 - In subjective surveys, people who become ill or lose their jobs report reduced well-being, even if they later get a job. Perhaps their exposure to uninsured risk outside the formal employment sector reduces their expectations about future income. Do potential biases cloud the inferences that can be drawn from subjective surveys? Ravallion and Lokshin argue that the welfare inferences drawn from subjective answers to questions on qualitative surveys are clouded by concerns about the structure of measurement errors and how latent psychological factors influence observed respondent characteristics. They propose a panel data model that allows more robust tests. In applying the model to high-quality panel data for Russia for 1994-96, they find that some results widely reported in past studies of subjective well-being appear to be robust but others do not. Household income, for example, is a highly significant predictor of self-rated economic welfare; per capita income is a weaker predictor. Ill health and loss of a job reduce self-reported economic welfare, but demographic effects are weak at a given current income. And the effect of unemployment is not robust. Returning to work does not restore a sense of welfare unless there is an income gain. The results imply that even transient unemployment brings the feeling of a permanent welfare loss, suggesting that high unemployment benefits do not attract people out of work but do discourage a return to work. This paper - a product of Poverty and Human Resources, Development Research Group - is part of a larger effort in the group to understand the relationship between subjective and objective economic welfare. The authors may be contacted at mravallionworldbank.org and mlokshin@worldbank.org
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  • 2
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (36 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ravallion, Martin How Did the World's Poorest Fare in the 1990s?
    Keywords: Absolute Poverty ; Aggregate Poverty ; Consumer Price Index ; Consumption ; Consumption Basket ; Consumption Expenditure ; Consumption Expenditures ; Consumption Per Capita ; Consumption Poverty ; Debt Markets ; Finance and Financial Sector Development ; Health Systems Development and Reform ; Health, Nutrition and Population ; Higher Inequality ; Household Living Standards ; Household Size ; Incidence Of Poverty ; Income Distribution ; Inequality ; Poor Countries ; Population Policies ; Poverty Diagnostics ; Poverty Line ; Poverty Lines ; Poverty Measures ; Poverty Monitoring and Analysis ; Poverty Rate ; Poverty Reduction ; Poverty Reduction ; Poverty Reduction Strategies ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Absolute Poverty ; Aggregate Poverty ; Consumer Price Index ; Consumption ; Consumption Basket ; Consumption Expenditure ; Consumption Expenditures ; Consumption Per Capita ; Consumption Poverty ; Debt Markets ; Finance and Financial Sector Development ; Health Systems Development and Reform ; Health, Nutrition and Population ; Higher Inequality ; Household Living Standards ; Household Size ; Incidence Of Poverty ; Income Distribution ; Inequality ; Poor Countries ; Population Policies ; Poverty Diagnostics ; Poverty Line ; Poverty Lines ; Poverty Measures ; Poverty Monitoring and Analysis ; Poverty Rate ; Poverty Reduction ; Poverty Reduction ; Poverty Reduction Strategies ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor
    Abstract: August 2000 - Between 1987 and 1998, the incidence of poverty fell in Asia and the Middle East and North Africa, changed little in Latin America and Sub-Saharan Africa, and rose in Eastern Europe and Central Asia. Too little economic growth in the poorest countries and persistent inequalities (in income and other measures) are the main reasons for the disappointing rate of poverty reduction. Drawing on data from 265 national sample surveys spanning 83 countries, Chen and Ravallion find that there was a net decrease in the total incidence of consumption poverty between 1987 and 1998. But it was not enough to reduce the total number of poor people, by various definitions. The incidence of poverty fell in Asia and the Middle East and North Africa, changed little in Latin America and Sub-Saharan Africa, and rose in Eastern Europe and Central Asia. The two main proximate causes of the disappointing rate of poverty reduction: too little economic growth in many of the poorest countries, and persistent inequalities (in both income and other essential measures) that kept the poor from participating in the growth that did occur. This paper-a product of Poverty and Human Resources, Development Research Group-is part of a larger effort in the group to monitor progress against poverty in the developing world. The authors may be contacted at schenworldbank.org or mravallion@worldbank.org
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  • 3
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (36 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ravallion, Martin Is India's Economic Growth Leaving the Poor Behind?
    Keywords: 1958-2000 ; Wirtschaftswachstum ; Armut ; Teilstaat ; Armutsbekämpfung ; Indien ; Absolute Poverty ; Economic Growth ; Global Poverty ; Health, Nutrition and Population ; Household Consumption ; Human Capital ; Impact On Poverty ; Incidence of Poverty ; Income ; Inequality ; International Poverty Line ; Population Policies ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Absolute Poverty ; Economic Growth ; Global Poverty ; Health, Nutrition and Population ; Household Consumption ; Human Capital ; Impact On Poverty ; Incidence of Poverty ; Income ; Inequality ; International Poverty Line ; Population Policies ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Absolute Poverty ; Economic Growth ; Global Poverty ; Health, Nutrition and Population ; Household Consumption ; Human Capital ; Impact On Poverty ; Incidence of Poverty ; Income ; Inequality ; International Poverty Line ; Population Policies ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction
    Abstract: There has been much debate about how much India's poor have shared in the economic growth unleashed by economic reforms in the 1990s. Datt and Ravallion argue that India has probably maintained its 1980s rate of poverty reduction in the 1990s. However, there is considerable diversity in performance across states. This holds some important clues for understanding why economic growth has not done more for India's poor. India's economic growth in the 1990s has not been occurring in the states where it would have the most impact on poverty nationally. If not for the sectoral and geographic imbalance of growth, the national rate of growth would have generated a rate of poverty reduction that was double India's historical trend rate. States with relatively low levels of initial rural development and human capital development were not well-suited to reduce poverty in response to economic growth. The study's results are consistent with the view that achieving higher aggregate economic growth is only one element of an effective strategy for poverty reduction in India. The sectoral and geographic composition of growth is also important, as is the need to redress existing inequalities in human resource development and between rural and urban areas. This paper—a product of the Poverty Team, Development Research Group—is part of a larger effort in the department to better understand the relationship between economic growth and poverty. The authors may be contacted at gdattworldbank.org or mravallion@worldbank.org
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  • 4
    Language: English
    Pages: Online-Ressource (1 online resource (26 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ravallion, Martin What Can We Learn about Country Performance from Conditional Comparisons across Countries?
    Keywords: Crime and Society ; Developing Countries ; Development Assistance ; Development Policy ; Dissemination ; Finance and Financial Sector Development ; Financial Literacy ; Health Care ; Health Systems Development and Reform ; Health, Nutrition and Population ; Household Income ; Human Development ; Income Inequality ; Inequality ; Infant ; Infant Mortality ; Knowledge ; Level Of Poverty ; Life Expectancy ; Policy Discussions ; Policy Implications ; Population ; Population Policies ; Poverty ; Poverty Reduction ; Practitioners ; Pro-Poor Growth ; Services and Transfers to Poor ; Social Development ; Social Policies ; Social Services ; Crime and Society ; Developing Countries ; Development Assistance ; Development Policy ; Dissemination ; Finance and Financial Sector Development ; Financial Literacy ; Health Care ; Health Systems Development and Reform ; Health, Nutrition and Population ; Household Income ; Human Development ; Income Inequality ; Inequality ; Infant ; Infant Mortality ; Knowledge ; Level Of Poverty ; Life Expectancy ; Policy Discussions ; Policy Implications ; Population ; Population Policies ; Poverty ; Poverty Reduction ; Practitioners ; Pro-Poor Growth ; Services and Transfers to Poor ; Social Development ; Social Policies ; Social Services
    Abstract: May 2000 - Existing methods for assessing latent country or institutional performance can yield deceptive results. There have been many attempts to infer latent performance attributes of governments (or other institutions) from conditional comparisons that control for observed variables. Success in doing so could greatly improve government performance. Ravallion critically reviews the econometric foundations of the methods used. He argues that latent heterogeneity remains a fundamental but unresolved problem. Locating a benchmark for measuring performance adds a further problem. Current methods do not yield a consistent estimate of even the mean latent performance attribute. An assessment of country performance by these methods could well be wildly wrong. This paper - a product of Poverty and Human Resources, Development Research Group - is part of a larger effort in the group to assess and improve methods for monitoring and assessing country performance. The study was funded by the Bank's Research Support Budget under the research project Policies for Poor Areas (RPO 681-39). The author may be contacted at mravallionworldbank.org
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  • 5
    Language: English
    Pages: Online-Ressource (1 online resource (48 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ravallion, Martin Household Welfare Impacts of China's Accession to the World Trade Organization
    Keywords: Consumption Behavior ; Distributional Effects ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Food Commodities ; Food Items ; Food Staples ; Health, Nutrition and Population ; Household Survey ; Household Surveys ; Household Welfare ; Income ; Income Shares ; Inequality ; Inequality ; Labor Policies ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Lines ; Poverty Reduction ; Private Sector Developmen ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Social Protections and Labor ; Trade Policy ; Consumption Behavior ; Distributional Effects ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Food Commodities ; Food Items ; Food Staples ; Health, Nutrition and Population ; Household Survey ; Household Surveys ; Household Welfare ; Income ; Income Shares ; Inequality ; Inequality ; Labor Policies ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Lines ; Poverty Reduction ; Private Sector Developmen ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Social Protections and Labor ; Trade Policy ; Consumption Behavior ; Distributional Effects ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Food Commodities ; Food Items ; Food Staples ; Health, Nutrition and Population ; Household Survey ; Household Surveys ; Household Welfare ; Income ; Income Shares ; Inequality ; Inequality ; Labor Policies ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Lines ; Poverty Reduction ; Private Sector Developmen ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Social Protections and Labor ; Trade Policy
    Abstract: Chen and Ravallion use China's national household surveys for rural and urban areas to measure and explain the welfare impacts of the changes in goods and factor prices attributed to WTO accession. Price changes are estimated separately using a general equilibrium model to capture both direct and indirect effects of the initial tariff changes. The welfare impacts are first-order approximations based on a household model incorporating own-production activities and are calibrated to the household-level data imposing minimum aggregation. The authors find negligible impacts on inequality and poverty in the aggregate. However, diverse impacts emerge across household types and regions associated with heterogeneity in consumption behavior and income sources, with possible implications for compensatory policy responses. This paper—a product of the Poverty Team, Development Research Group—is part of a larger effort in the group to assess the household welfare impacts of economywide policy changes
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  • 6
    Language: English
    Pages: Online-Ressource (1 online resource (36 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ravallion, Martin Income Gains to the Poor from Workfare
    Keywords: Communities & Human Settlements ; Counterfactual ; Economic Theory and Research ; Evaluation ; Experimental Design ; Experimental Methods ; Finance and Financial Sector Development ; Financial Literacy ; Health Systems Development and Reform ; Health, Nutrition and Population ; Household Income ; Housing and Human Habitats ; Impact Evaluation ; Income ; Income ; Inequality ; Intervention ; Labor Policies ; Macroeconomics and Economic Growth ; Matching Methods ; Outcomes ; Participation ; Poverty ; Poverty Impact Evaluation ; Poverty Measures ; Poverty Monitoring and Analysis ; Poverty Reduction ; Programs ; Projects ; Reflexive Comparisons ; Research ; Sampling ; Services and Transfers to Poor ; Social Protections and Labor ; Surveys ; Targeting ; Communities & Human Settlements ; Counterfactual ; Economic Theory and Research ; Evaluation ; Experimental Design ; Experimental Methods ; Finance and Financial Sector Development ; Financial Literacy ; Health Systems Development and Reform ; Health, Nutrition and Population ; Household Income ; Housing and Human Habitats ; Impact Evaluation ; Income ; Income ; Inequality ; Intervention ; Labor Policies ; Macroeconomics and Economic Growth ; Matching Methods ; Outcomes ; Participation ; Poverty ; Poverty Impact Evaluation ; Poverty Measures ; Poverty Monitoring and Analysis ; Poverty Reduction ; Programs ; Projects ; Reflexive Comparisons ; Research ; Sampling ; Services and Transfers to Poor ; Social Protections and Labor ; Surveys ; Targeting
    Abstract: July 1999 - A workfare program was introduced in response to high unemployment in Argentina. An ex-post evaluation using matching methods indicates that the program generated sizable net income gains to generally poor participants. Jalan and Ravallion use propensity-score matching methods to estimate the net income gains to families of workers participating in an Argentinian workfare program. The methods they propose are feasible for evaluating safety net interventions in settings in which many other methods are not feasible. The average gain is about half the gross wage. Even allowing for forgone income, the distribution of gains is decidedly pro-poor. More than half the beneficiaries are in the poorest decile nationally and 80 percent of them are in the poorest quintile - reflecting the self-targeting feature of the program design. Average gains for men and women are similar, but gains are higher for younger workers. Women's greater participation would not enhance average income gains, and the distribution of gains would worsen. Greater participation by the young would raise average gains but would also worsen the distribution. This paper - a product of Poverty and Human Resources, Development Research Group - is part of a larger effort in the group to improve methods for evaluating the poverty impact of Bank-supported programs. The authors may be contacted at jjalanisid.ac.in or mravallion@worldbank.org
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  • 7
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (28 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ravallion, Martin Protecting the Poor from Macroeconomic Shocks
    Keywords: Banks and Banking Reform ; Debt Markets ; Drought ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal Deficits ; Household Income ; Individual Welfare ; Labor Demand ; Labor Policies ; Living Standards ; Macroeconomic Crisis ; Macroeconomic Shocks ; Macroeconomics and Economic Growth ; Poor ; Poverty ; Poverty Reduction ; Private Sector Development ; Public Transfers ; Recessions ; Resource Allocation ; Rural Development ; Rural Poverty Reduction ; Safety Net ; Safety Nets ; Safety Nets and Transfers ; Services and Transfers to Poor ; Shock ; Social Protections and Labor ; Structural Reforms ; Unemployment ; Wage Earners ; Welfare ; Banks and Banking Reform ; Debt Markets ; Drought ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal Deficits ; Household Income ; Individual Welfare ; Labor Demand ; Labor Policies ; Living Standards ; Macroeconomic Crisis ; Macroeconomic Shocks ; Macroeconomics and Economic Growth ; Poor ; Poverty ; Poverty Reduction ; Private Sector Development ; Public Transfers ; Recessions ; Resource Allocation ; Rural Development ; Rural Poverty Reduction ; Safety Net ; Safety Nets ; Safety Nets and Transfers ; Services and Transfers to Poor ; Shock ; Social Protections and Labor ; Structural Reforms ; Unemployment ; Wage Earners ; Welfare
    Abstract: August 1999 - To minimize the harmful impact on poor people of macroeconomic shocks, sound policies for dealing with crises - and an adequate public safety net - should be in place before a crisis starts. Many developing countries faced macroeconomic shocks in the 1980s and 1990s. The impact of the shocks on welfare depended on the nature of the shock, on initial household and community conditions, and on policy responses. To avoid severe and lasting losses to poor and vulnerable groups, governments and civil society need to be prepared for a flexible response well ahead of the crisis. A key component of a flexibly responsive system is an effective permanent safety net, which will typically combine a workfare program with targeted transfers and credit. Once a crisis has happened, several things should be done: ° Macroeconomic policies should aim to achieve stabilization goals at the least cost to the poor. Typically, a temporary reduction in aggregate demand is inevitable but as soon as a sustainable external balance has been reached and inflationary pressures have been contained, macroeconomic policy should be eased (interest rates reduced and efficient public spending restored, to help offset the worst effects of the recession on the poor). A fiscal stimulus directed at labor-intensive activities (such as building rural roads) can combine the benefits of growth with those of income support for poor groups, for example. ° Key areas of public spending should be protected, especially investments in health care, education, rural infrastructure, urban sanitation, and microfinance. ° Efforts should be made to preserve the social fabric and build social capital. ° Sound information should be generated on the welfare impacts of the crisis. This paper - a joint product of the Poverty Group, Poverty Reduction and Economic Management Network, and Poverty and Human Resources, Development Research Group - is part of a larger effort in the Bank to inform policy choices aimed at minimizing the social costs of macroeconomic shocks. The authors may be contacted at fferreiraecon.puc-rio.br, gprennushi@worldbank.org, or mravallion@worldbank.org
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  • 8
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (32 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ravallion, Martin Is Knowledge Shared within Households?
    Keywords: Access and Equity in Basic Education ; Bank ; Brochure ; Budget ; Conflict of Interest ; Earnings ; Education ; Education for All ; Family Member ; Finance and Financial Sector Development ; Financial Literacy ; Gender ; Gender and Law ; Household Expenditure ; Income ; Incomes ; Information ; Interest ; Interests ; Knowledge ; Law and Development ; Literacy ; Pamphlets ; Primary Education ; Public Goods ; Unemployment ; Wage ; Welfare ; Access and Equity in Basic Education ; Bank ; Brochure ; Budget ; Conflict of Interest ; Earnings ; Education ; Education for All ; Family Member ; Finance and Financial Sector Development ; Financial Literacy ; Gender ; Gender and Law ; Household Expenditure ; Income ; Incomes ; Information ; Interest ; Interests ; Knowledge ; Law and Development ; Literacy ; Pamphlets ; Primary Education ; Public Goods ; Unemployment ; Wage ; Welfare
    Abstract: December 1999: Yes - and more efficiently by women than by men, according to this analysis of household survey data for Bangladesh. An illiterate adult earns significantly more in the nonfarm economy when living in a household with at least one literate member. According to theory, a member of a collective-action household may or may not share knowledge with others in that household. Shared income gains from shared knowledge may well be offset by a shift in the balance of power within the family. But do literate members of the household share the benefits of literacy with other members of the household in practice? Using household survey data for Bangladesh, Basu, Narayan, and Ravallion find that education has strong external effects on individual earnings. When a range of personal attributes is held constant, an illiterate adult earns significantly more in the nonfarm economy when living in a household with at least one literate member. That is, a literate person is likely to share some of the benefits of his or her literacy with other members of the household. It is better to be an illiterate in a household where someone is literate than in a household of illiterates only. It is widely noted that a literate mother confers greater benefits on her children than a literate father does. But what about differences between male and female recipients of knowledge? The empirical results suggest that women are more efficient recipients, too. This paper - a joint product of the Office of the Senior Vice President and Chief Economist, Development Economics, and Poverty and Human Resources, Development Research Group - is part of a larger effort in the Bank to understand the relationship between literacy and balance of power in the household. This paper was funded by the Bank's Research Support Budget under the research project Intrahousehold Decisionmaking, Literacy, and Child Labor (RPO 683-07). The authors may be contacted at kb40cornell.edu, anarayan@worldbank.org, or mravallion@worldbank.org
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  • 9
    Language: English
    Pages: Online-Ressource (1 online resource (36 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ravallion, Martin When Is Growth Pro-Poor?
    Keywords: Absolute Poverty ; Economic Growth ; Farm Growth ; Farm Output ; Farm Productivity ; Food Policy ; Health, Nutrition and Population ; Household Income ; Household Surveys ; Human Development ; Inequality ; Measures ; Poor ; Population Policies ; Poverty ; Poverty Alleviation ; Poverty Measurement ; Poverty Reducing ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Rural ; Rural Development ; Rural Development ; Rural Living Standards ; Rural Poverty Reduction ; Absolute Poverty ; Economic Growth ; Farm Growth ; Farm Output ; Farm Productivity ; Food Policy ; Health, Nutrition and Population ; Household Income ; Household Surveys ; Human Development ; Inequality ; Measures ; Poor ; Population Policies ; Poverty ; Poverty Alleviation ; Poverty Measurement ; Poverty Reducing ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Rural ; Rural Development ; Rural Development ; Rural Living Standards ; Rural Poverty Reduction
    Abstract: December 1999 - Nonfarm economic growth in India had very different effects on poverty in different states. Nonfarm growth was least effective at reducing poverty in states where initial conditions were poor in terms of rural development and human resources. Among initial conditions conducive to pro-poor growth, literacy plays a notably positive role. Ravallion and Datt use 20 household surveys for India's 15 major states, spanning 1960-94, to study how initial conditions and the sectoral composition of economic growth interact to influence how much economic growth reduced poverty. The elasticities of measured poverty to farm yields and development spending did not differ significantly across states. But the elasticities of poverty to (urban and rural) nonfarm output varied appreciably, and the differences were quantitatively important to the overall rate of poverty reduction. States with initially lower farm productivity, lower rural living standards relative to those in urban areas, and lower literacy experienced a less pro-poor growth process. This paper - a joint product of Poverty and Human Resources, Development Research Group, and the Poverty Reduction and Economic Management Sector Unit, South Asia Region - is part of a larger effort in the Bank to better understand the conditions required for pro-poor growth. The authors may be contacted at mravallionworldbank.org or gdatt@worldbank.org
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  • 10
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (32 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ravallion, Martin Land Allocation in Vietnam's Agrarian Transition
    Keywords: Allocation ; Climate Change ; Communities & Human Settlements ; Consumption ; Contract ; Cost ; Economics ; Efficiency ; Environment ; Forestry ; Historical Context ; Labor ; Land ; Land Use and Policies ; Macroeconomics and Economic Growth ; Market ; Market Economy ; Municipal Housing ; Political Economy ; Political Economy ; Poverty Reduction ; Price Variation ; Private Sector Development ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Land Policies for Poverty Reduction ; Urban Development ; Urban Housing ; Allocation ; Climate Change ; Communities & Human Settlements ; Consumption ; Contract ; Cost ; Economics ; Efficiency ; Environment ; Forestry ; Historical Context ; Labor ; Land ; Land Use and Policies ; Macroeconomics and Economic Growth ; Market ; Market Economy ; Municipal Housing ; Political Economy ; Political Economy ; Poverty Reduction ; Price Variation ; Private Sector Development ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Land Policies for Poverty Reduction ; Urban Development ; Urban Housing ; Allocation ; Climate Change ; Communities & Human Settlements ; Consumption ; Contract ; Cost ; Economics ; Efficiency ; Environment ; Forestry ; Historical Context ; Labor ; Land ; Land Use and Policies ; Macroeconomics and Economic Growth ; Market ; Market Economy ; Municipal Housing ; Political Economy ; Political Economy ; Poverty Reduction ; Price Variation ; Private Sector Development ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Land Policies for Poverty Reduction ; Urban Development ; Urban Housing
    Abstract: While liberalizing key factor markets is a crucial step in the transition from a socialist control-economy to a market economy, the process can be stalled by imperfect information, high transaction costs, and covert resistance from entrenched interests. Ravallion and van de Walle study land-market adjustment in the wake of Vietnam's reforms aiming to establish a free market in land-use rights following de-collectivization. Inefficiencies in the initial administrative allocation are measured against an explicit counterfactual market solution. The authors' tests using a farm-household panel data set spanning the reforms suggest that land allocation responded positively but slowly to the inefficiencies of the administrative allocation. They find no sign that the transition favored the land rich or that it was thwarted by the continuing power over land held by local officials. This paper—a joint product of the Poverty Team and the Public Services Team, Development Research Group—is part of a larger effort in the group to understand the welfare impacts of major policy reforms
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