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  • MPI Ethno. Forsch.  (45)
  • English  (45)
  • 2005-2009  (45)
  • Washington, D.C : The World Bank  (45)
  • Inequality
  • 1
    Language: English
    Pages: Online-Ressource (1 online resource (29 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Dessus, Sebastien Migration And Education Decisions In A Dynamic General Equilibrium Framework
    Keywords: Currencies and Exchange Rates ; Debt Markets ; Dependency ratios ; Economic Theory and Research ; Education ; Emerging Markets ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Human capital ; Inequality ; Investm ; Labor Markets ; Labor Policies ; Labor supply ; Macroeconomics and Economic Growth ; Migrant ; Migration ; Policy research ; Policy research working paper ; Population Policies ; Poverty Reduction ; Private Sector Development ; Progress ; Remittances ; Skilled workers ; Social Protections and Labor ; Tertiary Education ; Currencies and Exchange Rates ; Debt Markets ; Dependency ratios ; Economic Theory and Research ; Education ; Emerging Markets ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Human capital ; Inequality ; Investm ; Labor Markets ; Labor Policies ; Labor supply ; Macroeconomics and Economic Growth ; Migrant ; Migration ; Policy research ; Policy research working paper ; Population Policies ; Poverty Reduction ; Private Sector Development ; Progress ; Remittances ; Skilled workers ; Social Protections and Labor ; Tertiary Education ; Currencies and Exchange Rates ; Debt Markets ; Dependency ratios ; Economic Theory and Research ; Education ; Emerging Markets ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Human capital ; Inequality ; Investm ; Labor Markets ; Labor Policies ; Labor supply ; Macroeconomics and Economic Growth ; Migrant ; Migration ; Policy research ; Policy research working paper ; Population Policies ; Poverty Reduction ; Private Sector Development ; Progress ; Remittances ; Skilled workers ; Social Protections and Labor ; Tertiary Education
    Abstract: With growing international skilled labor mobility, education and migration decisions have become increasingly inter-related, and potentially have a large impact on the growth trajectories of source countries, through their effects on labor supply, savings, or the cost of education. The authors develop a generic dynamic general equilibrium model to analyze the education-migration nexus in a consistent framework. They use the model as a laboratory to test empirical conditions for the existence of net brain gain, that is, greater domestic accumulation of human capital (in per capita terms) with greater migration of skilled workers. The results suggest that although some structural parameters can favor simultaneously greater human capital accumulation and greater skilled migration - such as high ratio of remittances over domestic incomes, high dependency ratios in migrant households, low dependency ratios in source countries, increasing returns to scale in the education sector, technological transfers and export market access with Diasporas, and efficient financial markets - this does not necessarily mean that greater migration encourages the constitution of greater stocks of human capital in source countries
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  • 2
    Language: English
    Pages: Online-Ressource (1 online resource (35 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Milanovic, Branko Reform And Inequality During The Transition
    Keywords: Country fixed effects ; Debt Markets ; Distribution of income ; Economic Theory and Research ; Economic reform ; Emerging Markets ; Finance and Financial Sector Development ; Globalization ; Income ; Inequality ; Investment and Investment Climate ; Labor markets ; Liberalization ; Macroeconomics and Economic Growth ; Market economy ; Poverty Impact Evaluation ; Poverty Reduction ; Private Sector Development ; Privatization ; Pro-Poor Growth ; Services and Transfers to Poor ; Transition countries ; Country fixed effects ; Debt Markets ; Distribution of income ; Economic Theory and Research ; Economic reform ; Emerging Markets ; Finance and Financial Sector Development ; Globalization ; Income ; Inequality ; Investment and Investment Climate ; Labor markets ; Liberalization ; Macroeconomics and Economic Growth ; Market economy ; Poverty Impact Evaluation ; Poverty Reduction ; Private Sector Development ; Privatization ; Pro-Poor Growth ; Services and Transfers to Poor ; Transition countries ; Country fixed effects ; Debt Markets ; Distribution of income ; Economic Theory and Research ; Economic reform ; Emerging Markets ; Finance and Financial Sector Development ; Globalization ; Income ; Inequality ; Investment and Investment Climate ; Labor markets ; Liberalization ; Macroeconomics and Economic Growth ; Market economy ; Poverty Impact Evaluation ; Poverty Reduction ; Private Sector Development ; Privatization ; Pro-Poor Growth ; Services and Transfers to Poor ; Transition countries
    Abstract: Using for the first time household survey data from 26 post-Communist countries, covering the period 1990-2005, this paper examines correlates of unprecedented increases in inequality registered by most of the economies. The analysis shows, after controlling for country fixed effects and type of survey used, that economic reform is strongly negatively associated with the income share of the bottom decile, and positively with the income shares of the top two deciles. However, breaking economic reform into its component parts, the picture is more nuanced. Large-scale privatization and infrastructure reform (mostly consisting of privatization and higher fees) are responsible for the pro-inequality effect; small-scale privatization tends to raise the income shares of the bottom deciles. Acceleration in growth is also pro-rich. But democratization is strongly pro-poor, as is lower inflation. Somewhat surprisingly, the analysis finds no evidence that greater government spending as share of gross domestic income reduces inequality
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  • 3
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (55 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Fafchamps, Marcel Isolation And Subjective Welfare
    DDC: 360
    Keywords: Air ; Consumption ; Economic Theory and Research ; Externalities ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Inequality ; Macroeconomics and Economic Growth ; Mobility ; Poverty Reduction ; Road ; Roads ; Transport ; Transport ; Transport Economics, Policy and Planning ; Transport costs ; Travel time ; Travel times ; True ; Air ; Consumption ; Economic Theory and Research ; Externalities ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Inequality ; Macroeconomics and Economic Growth ; Mobility ; Poverty Reduction ; Road ; Roads ; Transport ; Transport ; Transport Economics, Policy and Planning ; Transport costs ; Travel time ; Travel times ; True ; Air ; Consumption ; Economic Theory and Research ; Externalities ; Health Monitoring and Evaluation ; Health, Nutrition and Population ; Inequality ; Macroeconomics and Economic Growth ; Mobility ; Poverty Reduction ; Road ; Roads ; Transport ; Transport ; Transport Economics, Policy and Planning ; Transport costs ; Travel time ; Travel times ; True
    Abstract: Using detailed geographical and household survey data from Nepal, this article investigates the relationship between isolation and subjective welfare. This is achieved by examining how distance to markets and proximity to large urban centers are associated with responses to questions about income and consumption adequacy. Results show that isolation is associated with a significant reduction in subjective assessments of income and consumption adequacy, even after controlling for consumption expenditures and other factors. The reduction in subjective welfare associated with isolation is much larger for households that are already relatively close to markets. These findings suggest that welfare assessments based on monetary income and consumption may seriously underestimate the subjective welfare cost of isolation, and hence will tend to bias downward the assessment of benefits to isolation-reducing investments such as roads and communication infrastructure
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  • 4
    Language: English
    Pages: Online-Ressource (1 online resource (38 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Milanovic, Branko Where In The World Are You?
    Keywords: Economic Theory and Research ; Gini coefficient ; Income ; Income ; Income differences ; Income distribution ; Incomes ; Inequality ; Inequality ; Macroeconomics and Economic Growth ; Mean income ; Policy ReseaRch ; Poverty Diagnostics ; Poverty Impact Evaluation ; Poverty Reduction ; Relative position ; Social Protections and Labor ; Social mobility ; Economic Theory and Research ; Gini coefficient ; Income ; Income ; Income differences ; Income distribution ; Incomes ; Inequality ; Inequality ; Macroeconomics and Economic Growth ; Mean income ; Policy ReseaRch ; Poverty Diagnostics ; Poverty Impact Evaluation ; Poverty Reduction ; Relative position ; Social Protections and Labor ; Social mobility ; Economic Theory and Research ; Gini coefficient ; Income ; Income ; Income differences ; Income distribution ; Incomes ; Inequality ; Inequality ; Macroeconomics and Economic Growth ; Mean income ; Policy ReseaRch ; Poverty Diagnostics ; Poverty Impact Evaluation ; Poverty Reduction ; Relative position ; Social Protections and Labor ; Social mobility
    Abstract: Suppose that all people in the world are allocated only two characteristics: country where they live and income class within that country. Assume further that there is no migration. This paper shows that 90 percent of variability in people's global income position (percentile in world income distribution) is explained by only these two pieces of information. Mean country income (circumstance) explains 60 percent, and income class (both circumstance and effort) 30 percent of global income position. The author finds that about two-thirds of the latter number is due to circumstance (approximated by the estimated parental income class under various social mobility assumptions), which makes the overall share of circumstance unlikely to be less than 75-80 percent. On average, "drawing" one-notch higher income class (on a twenty-class scale) is equivalent to living in a 12 percent richer country. Once people are allocated their income class, it becomes important, not only whether the country they are allocated to is rich or poor, but whether it is egalitarian or not. This is particularly important for the people who "draw" low or high classes; for the middle classes, the country's income distribution is much less important than mean country income
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  • 5
    Language: English
    Pages: Online-Ressource (1 online resource (60 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Cunningham, Wendy Earnings Inequality Within And Across Gender, Racial, And Ethnic Groups In Four Latin American Countries
    Keywords: Einkommensverteilung ; Geschlecht ; Rasse ; Ethnische Gruppe ; Konzentrationsmaß ; Gini-Koeffizient ; Lateinamerika ; Bolivien ; Brasilien ; Guatemala ; Guyana ; Affirmative action ; Affirmative action policies ; Discrimination ; Educational attainment ; Gender ; Gender ; Gender analysis ; Gender and Development ; Gender and Law ; Inequality ; Inequality ; Labor force ; Labor force participation ; Law and Development ; Poverty Reduction ; Race in Society ; Rural Development ; Rural Poverty Reduction ; Social Development ; Wage gap ; Affirmative action ; Affirmative action policies ; Discrimination ; Educational attainment ; Gender ; Gender ; Gender analysis ; Gender and Development ; Gender and Law ; Inequality ; Inequality ; Labor force ; Labor force participation ; Law and Development ; Poverty Reduction ; Race in Society ; Rural Development ; Rural Poverty Reduction ; Social Development ; Wage gap ; Affirmative action ; Affirmative action policies ; Discrimination ; Educational attainment ; Gender ; Gender ; Gender analysis ; Gender and Development ; Gender and Law ; Inequality ; Inequality ; Labor force ; Labor force participation ; Law and Development ; Poverty Reduction ; Race in Society ; Rural Development ; Rural Poverty Reduction ; Social Development ; Wage gap
    Abstract: Latin American countries are generally characterized as displaying high income and earnings inequality overall along with high inequality by gender, race, and ethnicity. However, the latter phenomenon is not a major contributor to the former phenomenon. Using household survey data from four Latin American countries (Bolivia, Brazil, Guatemala, and Guyana) for which stratification by race or ethnicity is possible, this paper demonstrates (using Theil index decompositions as well as Gini indices, and 90/10 and 50/10 percentile comparisons) that within-group earnings inequality rather than between-group earnings inequality is the main contributor to overall earnings inequality. Simulations in which the relatively disadvantaged gender and/or racial/ethnic group is treated as if it were the relatively advantaged group tend to reduce overall earnings inequality measures only slightly and in some cases have the effect of increasing earnings inequality measures
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  • 6
    Language: English
    Pages: Online-Ressource (1 online resource (44 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ferreira, Francisco H.G Global Poverty And Inequality
    Keywords: Developing countries ; Distributional change ; Equity and Development ; Growth elasticity ; Household surveys ; Income ; Income inequality ; Inequality ; Inequality ; Mean income ; Policy ReseaRch ; Poverty Impact Evaluation ; Poverty Reduction ; Poverty reduction ; Pro-Poor Growth ; Services and Transfers to Poor ; Developing countries ; Distributional change ; Equity and Development ; Growth elasticity ; Household surveys ; Income ; Income inequality ; Inequality ; Inequality ; Mean income ; Policy ReseaRch ; Poverty Impact Evaluation ; Poverty Reduction ; Poverty reduction ; Pro-Poor Growth ; Services and Transfers to Poor ; Developing countries ; Distributional change ; Equity and Development ; Growth elasticity ; Household surveys ; Income ; Income inequality ; Inequality ; Inequality ; Mean income ; Policy ReseaRch ; Poverty Impact Evaluation ; Poverty Reduction ; Poverty reduction ; Pro-Poor Growth ; Services and Transfers to Poor
    Abstract: Drawing on a compilation of data from household surveys representing 130 countries, many over a period of 25 years, this paper reviews the evidence on levels and recent trends in global poverty and income inequality. It documents the negative correlations between both poverty and inequality indices, on the one hand, and mean income per capita on the other. It points to the dominant role of Asia in accounting for the bulk of the world's poverty reduction since 1981. The evolution of global inequality in the last decades is also described, with special emphasis on the different trends of inequality within and between countries. The statistical relationships between growth, inequality and poverty are discussed, as is the correlation between inequality and the growth elasticity of poverty reduction. Some of the recent literature on the drivers of distributional change in developing countries is also reviewed
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  • 7
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (19 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Lopez, Humberto The Social Discount Rate
    Keywords: Achieving Shared Growth ; Debt Markets ; Discount rate ; Discount rates ; Economic Theory & Research ; Finance and Financial Sector Development ; Inequality ; International bank ; Opportunity cost ; Poverty Reduction ; Private investment ; Public investment ; Public sector borrowing ; Rate of return ; Tax ; Tax regime ; Achieving Shared Growth ; Debt Markets ; Discount rate ; Discount rates ; Economic Theory & Research ; Finance and Financial Sector Development ; Inequality ; International bank ; Opportunity cost ; Poverty Reduction ; Private investment ; Public investment ; Public sector borrowing ; Rate of return ; Tax ; Tax regime ; Achieving Shared Growth ; Debt Markets ; Discount rate ; Discount rates ; Economic Theory & Research ; Finance and Financial Sector Development ; Inequality ; International bank ; Opportunity cost ; Poverty Reduction ; Private investment ; Public investment ; Public sector borrowing ; Rate of return ; Tax ; Tax regime
    Abstract: The social discount rate measures the rate at which a society would be willing to trade present for future consumption. As such it is one of the most critical inputs needed for cost-benefit analysis. This paper presents estimates of the social discount rates for nine Latin American countries. It is argued that if the recent track record in terms of growth in the region is indicative of future performance, estimates of the social discount rate would be in the 3-4 percent range. However, to the extent that the region improves on its past performance, the social discount rate to be used in the evaluation of projects would increase to the 5-7 percent range. The paper also argues that if the social planner gives a similar chance to the low and high growth scenario, the discount rate should be dependent on the horizon of the project, declining from 4.4 percent for a 25-year horizon to less than 4 percent for a 100-year horizon
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  • 8
    Language: English
    Pages: Online-Ressource (1 online resource (55 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ferreira, Francisco H.G The Measurement of Inequality of Opportunity
    Keywords: Consumption ; Economic Theory and Research ; Economic inequality ; Equity and Development ; Gender ; Gender and ; Gender and Law ; Household income ; Income differences ; Incomes ; Inequality ; Inequality ; International Economics & Trade ; Law and Development ; Macroeconomics and Economic Growth ; Multiple equilibria ; Policy research ; Poverty Impact Evaluation ; Poverty Reduction ; Product ; Public Sector Development ; Public policy ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Trade Policy ; Consumption ; Economic Theory and Research ; Economic inequality ; Equity and Development ; Gender ; Gender and ; Gender and Law ; Household income ; Income differences ; Incomes ; Inequality ; Inequality ; International Economics & Trade ; Law and Development ; Macroeconomics and Economic Growth ; Multiple equilibria ; Policy research ; Poverty Impact Evaluation ; Poverty Reduction ; Product ; Public Sector Development ; Public policy ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Trade Policy ; Consumption ; Economic Theory and Research ; Economic inequality ; Equity and Development ; Gender ; Gender and ; Gender and Law ; Household income ; Income differences ; Incomes ; Inequality ; Inequality ; International Economics & Trade ; Law and Development ; Macroeconomics and Economic Growth ; Multiple equilibria ; Policy research ; Poverty Impact Evaluation ; Poverty Reduction ; Product ; Public Sector Development ; Public policy ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Trade Policy
    Abstract: What part of the inequality observed in a particular country is due to unequal opportunities, rather than to differences in individual efforts or luck? This paper estimates a lower bound for the opportunity share of inequality in labor earnings, household income per capita and household consumption per capita in six Latin American countries. Following John Roemer, the authors associate inequality of opportunity with outcome differences that can be accounted for by morally irrelevant pre-determined circumstances, such as race, gender, place of birth, and family background. Thus defined, unequal opportunities account for between 24 and 50 percent of inequality in consumption expenditure in the sample. Brazil and Central America are more opportunity-unequal than Colombia, Ecuador, or Peru. "Opportunity profiles," which identify the social groups with the most limited opportunity sets, are shown to be distinct from poverty profiles: ethnic origin and the geography of birth are markedly more important as determinants of opportunity deprivation than of outcome poverty, particularly in Brazil, Guatemala, and Peru
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  • 9
    Language: English
    Pages: Online-Ressource (1 online resource (59 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Moreno-Dodson, Blanca Assessing the Impact of Public Spending on Growth
    Keywords: Allocation ; Composition of public spending ; Debt Markets ; Economic Theory and Research ; Finance and Financial Sector Development ; Fiscal policy ; Government expenditure ; Inequality ; Macroeconomics and Economic Growth ; Poverty Reduction ; Poverty reduction ; Pro-Poor Growth ; Public Sector Economics and Finance ; Public Sector Expenditure Analysis and Management ; Public disclosure ; Public expenditure ; Public finance ; Public spending ; Uncertaint ; Allocation ; Composition of public spending ; Debt Markets ; Economic Theory and Research ; Finance and Financial Sector Development ; Fiscal policy ; Government expenditure ; Inequality ; Macroeconomics and Economic Growth ; Poverty Reduction ; Poverty reduction ; Pro-Poor Growth ; Public Sector Economics and Finance ; Public Sector Expenditure Analysis and Management ; Public disclosure ; Public expenditure ; Public finance ; Public spending ; Uncertaint ; Allocation ; Composition of public spending ; Debt Markets ; Economic Theory and Research ; Finance and Financial Sector Development ; Fiscal policy ; Government expenditure ; Inequality ; Macroeconomics and Economic Growth ; Poverty Reduction ; Poverty reduction ; Pro-Poor Growth ; Public Sector Economics and Finance ; Public Sector Expenditure Analysis and Management ; Public disclosure ; Public expenditure ; Public finance ; Public spending ; Uncertaint
    Abstract: The goal of this paper is to understand better, at the empirical level, how public spending contributes to growth by focusing on both the level and composition of public spending, in connection to the dynamics of GDP per capita growth. It attempts to answer two specific questions: (a) What are the policy conditions under which public spending contributes positively to growth? and (b) What are the public spending components that have a stronger and longer-lasting impact on growth? The analysis is applied to a sample of seven fast-growing developing countries: Korea, Singapore, Malaysia, Thailand, Indonesia, Botswana, and Mauritius, which have been among the top performers in the world in terms of GDP per capita growth during the period (1960-2006). The rationale for this country sample selection is twofold. The first hypothesis is that, given their positive growth achievements over a relatively long time period, perhaps it is more straightforward to establish a link to public spending in those countries. Second, it is expected that the findings of the analysis will provide lessons regarding the level and composition of public spending that can be useful for other countries where growth has been less rapid. Assessing what role public spending has played in a dynamic growth context may indeed be enlightening for other cases as well. The paper is structured as follows. The first section is an introduction that provides relevant facts and information about the seven countries during the period of analysis, based on seven individual country case studies. Section II presents the theoretical background behind the empirical analysis. Section III focuses on the empirical methodology, function specification, and variables selected. Section IV is dedicated to the results obtained with the cross-country analysis and some specific country results, as well as some comparisons with previous findings by other authors. Finally, Section V draws policy implications and concludes
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  • 10
    Language: English
    Pages: Online-Ressource (1 online resource (41 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Lopez, J. Humberto Inequality In Latin America
    Keywords: Average income ; Economic Conditions and Volatility ; Economic Theory and Research ; Gini coefficient ; Impact of inequality ; Income ; Income inequality ; Inequality ; Inequality ; Inequality trends ; Macroeconomics and Economic Growth ; Output volatility ; Policy ReseaRch ; Poverty Reduction ; Poverty levels ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Average income ; Economic Conditions and Volatility ; Economic Theory and Research ; Gini coefficient ; Impact of inequality ; Income ; Income inequality ; Inequality ; Inequality ; Inequality trends ; Macroeconomics and Economic Growth ; Output volatility ; Policy ReseaRch ; Poverty Reduction ; Poverty levels ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Average income ; Economic Conditions and Volatility ; Economic Theory and Research ; Gini coefficient ; Impact of inequality ; Income ; Income inequality ; Inequality ; Inequality ; Inequality trends ; Macroeconomics and Economic Growth ; Output volatility ; Policy ReseaRch ; Poverty Reduction ; Poverty levels ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction
    Abstract: Latin America is together with Sub-Saharan Africa the most unequal region of the world. This paper documents recent inequality trends in the Latin American region, going beyond traditional measures of income inequality. The paper also reviews some of the explanations that have been put forward to understand the current situation, and discusses why reducing income inequality should be an important policy priority. In particular, the authors discuss channels through which inequality can affect growth and output volatility. On the whole, the analysis suggests a two-pronged approach to reduce inequality in the region that combines policies aimed at improving the distribution of assets (especially education) with elements aimed at improving the capacity of the state to redistribute income through taxes and transfers
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  • 11
    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: Murthi, Mamta Attitudes To Equality
    Keywords: Corporate Law ; Country Strategy and Performance ; Developing countries ; Equal countries ; Gender ; Gender and Law ; Gini coefficient ; Income ; Income inequality ; Income level ; Inequality ; Labor market ; Law and Development ; Macroeconomics and Economic Growth ; Policy ReseaRch ; Poverty Impact Evaluation ; Poverty Reduction ; Poverty Reduction ; Public spending ; Corporate Law ; Country Strategy and Performance ; Developing countries ; Equal countries ; Gender ; Gender and Law ; Gini coefficient ; Income ; Income inequality ; Income level ; Inequality ; Labor market ; Law and Development ; Macroeconomics and Economic Growth ; Policy ReseaRch ; Poverty Impact Evaluation ; Poverty Reduction ; Poverty Reduction ; Public spending ; Corporate Law ; Country Strategy and Performance ; Developing countries ; Equal countries ; Gender ; Gender and Law ; Gini coefficient ; Income ; Income inequality ; Income level ; Inequality ; Labor market ; Law and Development ; Macroeconomics and Economic Growth ; Policy ReseaRch ; Poverty Impact Evaluation ; Poverty Reduction ; Poverty Reduction ; Public spending
    Abstract: It is routinely assumed that residents of post-socialist countries have a preference for greater income equality, other things being equal, owing to the legacy of socialism. This proposition is examined in the context of Eastern Europe and the former Soviet Union using data from three waves of the World Values Survey. Contrary to expectations, the authors find little evidence of a 'socialist legacy' en bloc. Considering the former Soviet Union separately from other post-socialist countries, the analysis finds that as a group these countries display significantly lower preference for moving toward greater income equality than both Eastern Europe and other comparator groups (developed and developing countries). These findings hold up even when controlling for the conventional determinants of attitudes such as income level and employment status of the individual respondent, as well as national factors such as per-capita income and its distribution. Moreover, the preference for greater income inequality appears to have persisted at least since the mid-1990s and possibly since the early 1990s (data difficulties preclude a robust examination of this latter question). The results are consistent with the fairly low levels of public spending on redistribution commonly found in the former Soviet Union
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  • 12
    Language: English
    Pages: Online-Ressource (1 online resource (30 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Deininger, Klaus Land Reforms, Poverty Reduction, And Economic Growth
    Keywords: Asset Redistribution ; Economic Growth ; Environment ; Environmental Economics and Policies ; Income ; Income Growth ; Inequality ; Land Reform ; Land Reforms ; Macroeconomics and Economic Growth ; Municipal Housing and Land ; Political Economy ; Poverty Reduction ; Poverty Reduction ; Rural ; Rural Development ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction ; Asset Redistribution ; Economic Growth ; Environment ; Environmental Economics and Policies ; Income ; Income Growth ; Inequality ; Land Reform ; Land Reforms ; Macroeconomics and Economic Growth ; Municipal Housing and Land ; Political Economy ; Poverty Reduction ; Poverty Reduction ; Rural ; Rural Development ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction ; Asset Redistribution ; Economic Growth ; Environment ; Environmental Economics and Policies ; Income ; Income Growth ; Inequality ; Land Reform ; Land Reforms ; Macroeconomics and Economic Growth ; Municipal Housing and Land ; Political Economy ; Poverty Reduction ; Poverty Reduction ; Rural ; Rural Development ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction
    Abstract: Recognition of the importance of institutions that provide security of property rights and relatively equal access to economic resources to a broad cross-section of society has renewed interest in the potential of asset redistribution, including land reforms. Empirical analysis of the impact of such policies is, however, scant and often contradictory. This paper uses panel household data from India, together with state-level variation in the implementation of land reform, to address some of the deficiencies of earlier studies. The results suggest that land reform had a significant and positive impact on income growth and accumulation of human and physical capital. The paper draws policy implications, especially from the fact that the observed impact of land reform seems to have declined over time
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  • 13
    Language: English
    Pages: Online-Ressource (1 online resource (42 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Kaufmann, Daniel How Does Bribery Affect Public Service Delivery ?
    Keywords: Accountability ; Bad governance ; Bribery ; Citizens ; Corruption ; Governance ; Governance Indicators ; Income ; Inequality ; National Governance ; Poor governance ; Public Officials ; Public Sector Corruption and Anticorruption Measures ; Public Service Delivery ; Accountability ; Bad governance ; Bribery ; Citizens ; Corruption ; Governance ; Governance Indicators ; Income ; Inequality ; National Governance ; Poor governance ; Public Officials ; Public Sector Corruption and Anticorruption Measures ; Public Service Delivery ; Accountability ; Bad governance ; Bribery ; Citizens ; Corruption ; Governance ; Governance Indicators ; Income ; Inequality ; National Governance ; Poor governance ; Public Officials ; Public Sector Corruption and Anticorruption Measures ; Public Service Delivery
    Abstract: When seeking a public service, users may be required to pay in bribes more than the official price. Consequently, some users may be discouraged and choose not to seek a service due to the higher price imposed by the bribery "tax." This paper explores the price and quantity components of the relationship between governance and service delivery using micro-level survey data. The authors construct new measures of governance using data from users of public services from 13 government agencies in Peru. For some basic services, low-income users pay a larger share of their income than wealthier ones do; that is, the bribery tax is regressive. Where there are substitute private providers, low-income users appear to be discouraged more often and not to seek basic services. Thus, bribery may penalize poorer users twice - acting as a regressive tax and discouraging access to basic services. The paper explores the characteristics of households seeking public services. Higher education and age are associated with higher probability of being discouraged. Trust in state institutions decreases the probability of being discouraged, while knowledge of mechanisms to report corruption and extent of social network increase it, suggesting that households may rely on substitutes through networks. The study complements the household analysis with supply-side analysis based on data from public officials, and constructs agency-level measures for access to public services and institutional factors. Econometric results suggest that corruption reduces the supply of services, while voice mechanisms and clarity of the public agency's mission increase it
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  • 14
    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: Zhu, Nong The Impact of Remittances On Rural Poverty And Inequality In China
    Keywords: Access to Finance ; Counterfactual ; Farm income ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Household survey ; Inequality ; Inequality ; Population Policies ; Poverty Reduction ; Poverty reduction ; Rural ; Rural Development ; Rural Poverty Reduction ; Rural household ; Rural household income ; Rural income ; Rural poverty ; Access to Finance ; Counterfactual ; Farm income ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Household survey ; Inequality ; Inequality ; Population Policies ; Poverty Reduction ; Poverty reduction ; Rural ; Rural Development ; Rural Poverty Reduction ; Rural household ; Rural household income ; Rural income ; Rural poverty ; Access to Finance ; Counterfactual ; Farm income ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Household survey ; Inequality ; Inequality ; Population Policies ; Poverty Reduction ; Poverty reduction ; Rural ; Rural Development ; Rural Poverty Reduction ; Rural household ; Rural household income ; Rural income ; Rural poverty
    Abstract: Large numbers of agricultural labor moved from the countryside to cities after the economic reforms in China. Migration and remittances play an important role in transforming the structure of rural household income. This paper examines the impact of rural-to-urban migration on rural poverty and inequality in the case of Hubei province using the data of a 2002 household survey. Since remittances are a potential substitute for farm income, the paper presents counterfactual scenarios of what rural income, poverty, and inequality would have been in the absence of migration. The results show that, by providing alternatives to households with lower marginal labor productivity in agriculture, migration leads to an increase in rural income. In contrast to many studies that suggest the increasing share of non-farm income in total income widens inequality, this paper offers support for the hypothesis that migration tends to have egalitarian effects on rural income for three reasons: (i) migration is rational self-selection - farmers with higher agricultural productivities choose to remain in local agricultural production while those with higher expected return in urban non-farm sectors migrate; (ii) poorer households facing binding constraints of land shortage are more likely to migrate; and (iii) the poorest poor benefit disproportionately from remittances
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  • 15
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (31 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ravallion, Martin Are There Lessons For Africa From China's Success Against Poverty?
    Keywords: Absolute Poverty ; Extreme Poverty ; Inequality ; National Poverty ; National Poverty Line ; Poor ; Poverty Line ; Poverty Rates ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Smallholder Agriculture ; Absolute Poverty ; Extreme Poverty ; Inequality ; National Poverty ; National Poverty Line ; Poor ; Poverty Line ; Poverty Rates ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Smallholder Agriculture ; Absolute Poverty ; Extreme Poverty ; Inequality ; National Poverty ; National Poverty Line ; Poor ; Poverty Line ; Poverty Rates ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Smallholder Agriculture
    Abstract: At the outset of China's reform period, the country had a far higher poverty rate than for Africa as a whole. Within five years that was no longer true. This paper tries to explain how China escaped from a situation in which extreme poverty persisted due to failed and unpopular policies. While acknowledging that Africa faces constraints that China did not, and that context matters, two lessons stand out. The first is the importance of productivity growth in smallholder agriculture, which will require both market-based incentives and public support. The second is the role played by strong leadership and a capable public administration at all levels of government
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  • 16
    Language: English
    Pages: Online-Ressource (1 online resource (35 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Fujii, Tomoki How Does Vietnam's Accession To The World Trade Organization Change The Spatial Incidence of Poverty?
    Keywords: Economic Theory and Research ; Incidence of Poverty ; Income ; Income distribution ; Inequality ; Macroeconomics and Economic Growth ; Poor ; Poor areas ; Poor households ; Poor people ; Poverty Monitoring and Analysis ; Poverty Reduction ; Poverty reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Targeting ; Economic Theory and Research ; Incidence of Poverty ; Income ; Income distribution ; Inequality ; Macroeconomics and Economic Growth ; Poor ; Poor areas ; Poor households ; Poor people ; Poverty Monitoring and Analysis ; Poverty Reduction ; Poverty reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Targeting ; Economic Theory and Research ; Incidence of Poverty ; Income ; Income distribution ; Inequality ; Macroeconomics and Economic Growth ; Poor ; Poor areas ; Poor households ; Poor people ; Poverty Monitoring and Analysis ; Poverty Reduction ; Poverty reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Targeting
    Abstract: Trade policies can promote aggregate efficiency, but the ensuing structural adjustments generally create both winners and losers. From an incomes perspective, trade liberalization can raise gross domestic product per capita, but rates of emergence from poverty depend on individual household characteristics of economic participation and asset holding. To fully realize the growth potential of trade, while limiting the risk of rising inequality, policies need to better account for microeconomic heterogeneity. One approach to this is geographic targeting that shifts resources to poor areas. This study combines an integrated microsimulation-computable general equilibrium model with small area estimation to evaluate the spatial incidence of Vietnam's accession to the World Trade Organization. Provincial-level poverty reduction after full liberalization was heterogeneous, ranging from 2.2 percent to 14.3 percent. Full liberalization will benefit the poor on a national basis, but the northwestern area of Vietnam is likely to lag behind. Furthermore, poverty can be shown to increase under comparable scenarios
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  • 17
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (27 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ravallion, Martin On The Welfarist Rationale For Relative Poverty Lines
    Keywords: Armut ; Messung ; Theorie ; Malawi ; Absolute poverty ; Economic Theory and Research ; Food items ; Inequality ; Macroeconomics and Economic Growth ; Poor ; Poor people ; Poverty Lines ; Poverty Reduction ; Poverty gap ; Poverty measurement ; Pro-Poor Growth ; Risk sharing ; Rural ; Rural Development ; Rural Poverty Reduction ; Rural areas ; Absolute poverty ; Economic Theory and Research ; Food items ; Inequality ; Macroeconomics and Economic Growth ; Poor ; Poor people ; Poverty Lines ; Poverty Reduction ; Poverty gap ; Poverty measurement ; Pro-Poor Growth ; Risk sharing ; Rural ; Rural Development ; Rural Poverty Reduction ; Rural areas ; Absolute poverty ; Economic Theory and Research ; Food items ; Inequality ; Macroeconomics and Economic Growth ; Poor ; Poor people ; Poverty Lines ; Poverty Reduction ; Poverty gap ; Poverty measurement ; Pro-Poor Growth ; Risk sharing ; Rural ; Rural Development ; Rural Poverty Reduction ; Rural areas
    Abstract: The theory and evidence supporting a relativist approach to poverty measurement are critically reviewed. Various sources of welfare interdependence are identified, including the idea of "relative deprivation" as well other (positive and negative) welfare effects for poor people of belonging to a better-off group. An economic model combines informal risk sharing with the idea of a "positional good," and conditions are derived in which the relative deprivation effect dominates, implying a relative poverty measure. The paper then reviews the problems encountered in testing for welfare effects of relative deprivation and discusses the implications of micro evidence from Malawi. The results are consistent with the emphasis given to absolute level of living in development policy discussions. However, relative deprivation is still evident in the data from this poor but unequal country, and it is likely to become a more important factor as the country develops
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  • 18
    Language: English
    Pages: Online-Ressource (1 online resource (45 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ventura, Luigi Risk Sharing Opportunities And Macroeconomic Factors In Latin American And Caribbean Countries
    Keywords: Aggregate consumption ; Aggregate income ; Consumption ; Consumption growth ; Currencies and Exchange Rates ; Domestic consumption ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial Intermediation ; Growth rates ; Income growth ; Inequality ; Levels of investments ; Macroeconomics and Economic Growth ; National income ; Poverty Reduction ; Public expenditure ; Trade openness ; Aggregate consumption ; Aggregate income ; Consumption ; Consumption growth ; Currencies and Exchange Rates ; Domestic consumption ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial Intermediation ; Growth rates ; Income growth ; Inequality ; Levels of investments ; Macroeconomics and Economic Growth ; National income ; Poverty Reduction ; Public expenditure ; Trade openness ; Aggregate consumption ; Aggregate income ; Consumption ; Consumption growth ; Currencies and Exchange Rates ; Domestic consumption ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial Intermediation ; Growth rates ; Income growth ; Inequality ; Levels of investments ; Macroeconomics and Economic Growth ; National income ; Poverty Reduction ; Public expenditure ; Trade openness
    Abstract: This paper evaluates the degree of consumption insurance enjoyed by Latin American and Caribbean countries, with respect to various reference areas, by estimating a parameter expressing the sensitivity of a country's consumption growth to a measure of idiosyncratic shocks to income. The paper surveys common econometric implementations of "consumption insurance tests." The author proposes some econometric procedures in order to detect the actual presence of international risk sharing, as well as to assess the relative impact of idiosyncratic versus aggregate shocks. The evidence suggests that Latin American and Caribbean economies have been hit by non-diversifiable income shocks, that idiosyncratic risk is relatively more important than aggregate risk, and that some countries in the region appear to enjoy a certain amount of international risk diversification. The paper also identifies some macroeconomic factors that may be responsible for a higher or lower degree of risk pooling (such as international openness, financial depth, and credit availability). The findings show that the financial development of an economy is a crucial factor in determining the amount of risk sharing opportunities, as well as public expenditure. The preliminary results also suggest that trade openness and shocks to terms of trade play an important role in determining the degree of insurability of such risks
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  • 19
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (34 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Demirguc-Kunt, Asli Finance And Economic Opportunity
    Keywords: Access to Finance ; Banks and Banking Reform ; Debt Markets ; Economic Opportunities ; Economic Opportunity ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Financial Markets ; Financial Services ; Financial System ; Financial Systems ; Formal Financial Sector ; Households ; Inequality ; Macroeconomics and Economic Growth ; Private Sector Development ; Small Enterprises ; Access to Finance ; Banks and Banking Reform ; Debt Markets ; Economic Opportunities ; Economic Opportunity ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Financial Markets ; Financial Services ; Financial System ; Financial Systems ; Formal Financial Sector ; Households ; Inequality ; Macroeconomics and Economic Growth ; Private Sector Development ; Small Enterprises ; Access to Finance ; Banks and Banking Reform ; Debt Markets ; Economic Opportunities ; Economic Opportunity ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Financial Markets ; Financial Services ; Financial System ; Financial Systems ; Formal Financial Sector ; Households ; Inequality ; Macroeconomics and Economic Growth ; Private Sector Development ; Small Enterprises
    Abstract: An influential body of theoretical research and an emerging line of empirical work suggest that the operation of the formal financial system affects the degree to which economic opportunities are defined by talent and initiative rather than by parental wealth and social connections. This paper discusses the theory of how financial markets influence economic opportunity and reviews recent empirical work on the relation between formal financial systems and poverty, income inequality, and economic opportunity. The authors consider recent efforts to measure the ability of households and small enterprises to access financial services, the impact of this access, and the mechanisms through which finance affects poverty and inequality. The authors argue that considerably more research is needed to identify which formal financial sector policies enhance the operation of the financial system in ways that expand the economic horizons of the economically disenfranchised
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  • 20
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (30 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: De Hoyos, Rafael E Accounting For Mexican Income Inequality During The 1990s
    Keywords: Household income ; Income ; Income ; Income Inequality ; Income differences ; Income disparities ; Income source ; Income sources ; Incomes ; Inequality ; Inequality decomposition ; Macroeconomics and Economic Growth ; Policy Research ; Poverty Impact Evaluation ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Social Protections and Labor ; Household income ; Income ; Income ; Income Inequality ; Income differences ; Income disparities ; Income source ; Income sources ; Incomes ; Inequality ; Inequality decomposition ; Macroeconomics and Economic Growth ; Policy Research ; Poverty Impact Evaluation ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Social Protections and Labor ; Household income ; Income ; Income ; Income Inequality ; Income differences ; Income disparities ; Income source ; Income sources ; Incomes ; Inequality ; Inequality decomposition ; Macroeconomics and Economic Growth ; Policy Research ; Poverty Impact Evaluation ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Social Protections and Labor
    Abstract: The author implements several inequality decomposition methods to measure the extent to which total household income disparities can be attributable to sectoral asymmetries and differences in skill endowments. The results show that at least half of total household inequality in Mexico is attributable to incomes derived from entrepreneurial activities, an income source rarely scrutinized in the inequality literature. He shows that education (skills) endowments are unevenly distributed among the Mexican population, with positive shifts in the market returns to schooling associated with increases in inequality. Asymmetries in the allocation of education explain around 20 percent of overall household income disparities in Mexico during the 1990s. Moreover, the proportion of inequality attributable to education endowments increases during stable periods and reduces during the crisis. This pattern is explained by shifts in returns to schooling rather than changes in the distribution of skills. Applying the same techniques to decompose within-sector income differences, the author finds that skill endowments can account for as much as 25 percent of earnings disparities but as little as 5 percent of dispersion in other income sources
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  • 21
    Language: English
    Pages: Online-Ressource (1 online resource (28 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Yao, Yang Local Elections And Consumption Insurance
    Keywords: Administrative Costs ; Consumption ; Consumption Insurance ; Consumption Smoothing ; Currencies and Exchange ; E-Government ; Economic Theory and Research ; Farmers ; Finance and Financial Sector Development ; Financial Intermediation ; Governance ; Household Consumption ; Household Head ; Household Income ; Household Size ; Idiosyncratic Shocks ; Income ; Inequality ; Labor Policies ; Macroeconomics and Economic Growth ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Social Protections and Labor ; Administrative Costs ; Consumption ; Consumption Insurance ; Consumption Smoothing ; Currencies and Exchange ; E-Government ; Economic Theory and Research ; Farmers ; Finance and Financial Sector Development ; Financial Intermediation ; Governance ; Household Consumption ; Household Head ; Household Income ; Household Size ; Idiosyncratic Shocks ; Income ; Inequality ; Labor Policies ; Macroeconomics and Economic Growth ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Social Protections and Labor ; Administrative Costs ; Consumption ; Consumption Insurance ; Consumption Smoothing ; Currencies and Exchange ; E-Government ; Economic Theory and Research ; Farmers ; Finance and Financial Sector Development ; Financial Intermediation ; Governance ; Household Consumption ; Household Head ; Household Income ; Household Size ; Idiosyncratic Shocks ; Income ; Inequality ; Labor Policies ; Macroeconomics and Economic Growth ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Social Protections and Labor
    Abstract: While the literature on consumption insurance is growing fast, little research has been conducted on how rural consumption insurance is affected by democracy. In this paper the authors examine how consumption insurance of Chinese rural residents is affected if the local leader is democratically elected. Exploring a unique panel data set of 1,400 households from 1987 to 2002, they find that consumption insurance is more complete when the households are in villages with elected village leaders. Furthermore, democracy improves consumption insurance only for the poor and middle-income farmers, but not for the rich. These findings underline the importance of democratic governance for ensuring better rural consumption insurance and poverty reduction
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  • 22
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (24 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ravallion, Martin Absolute Poverty Measures For The Developing World, 1981-2004
    Keywords: Absolute Poverty ; Child Mortality ; Food Consumption ; Global Poverty ; Health, Nutrition and Population ; Household Size ; Household Surveys ; Household Welfare ; Incidence of Poverty ; Income ; Inequality ; Population Policies ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Absolute Poverty ; Child Mortality ; Food Consumption ; Global Poverty ; Health, Nutrition and Population ; Household Size ; Household Surveys ; Household Welfare ; Incidence of Poverty ; Income ; Inequality ; Population Policies ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Absolute Poverty ; Child Mortality ; Food Consumption ; Global Poverty ; Health, Nutrition and Population ; Household Size ; Household Surveys ; Household Welfare ; Incidence of Poverty ; Income ; Inequality ; Population Policies ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction
    Abstract: The authors report new estimates of measures of absolute poverty for the developing world over 1981-2004. A clear trend decline in the percentage of people who are absolutely poor is evident, although with uneven progress across regions. They find more mixed success in reducing the total number of poor. Indeed, the developing world outside China has seen little or no sustained progress in reducing the number of poor, with rising poverty counts in some regions, notably Sub-Saharan Africa. There are encouraging signs of progress in reducing the incidence of poverty in all regions after 2000, although it is too early to say if this is a new trend
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  • 23
    Language: English
    Pages: Online-Ressource (1 online resource (39 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Keefer, Philip Beyond Legal Origin And Checks And Balances
    Keywords: Bank Accounts ; Bank Balance Sheets ; Bank Policy ; Checks ; Contract ; Contract Rights ; Credibility ; Debt Markets ; Depositors ; Economic Theory and Research ; Emerging Markets ; Exchange ; Expropriation ; Finance ; Finance and Financial Sector Development ; Financial Literacy ; Financial Markets ; Inequality ; Labor Policies ; Law and Development ; Legal Products ; Macroeconomics and Economic Growth ; Political Economy ; Poverty Reduction ; Private Sector Development ; Privatization ; Social Protections and Labor ; Bank Accounts ; Bank Balance Sheets ; Bank Policy ; Checks ; Contract ; Contract Rights ; Credibility ; Debt Markets ; Depositors ; Economic Theory and Research ; Emerging Markets ; Exchange ; Expropriation ; Finance ; Finance and Financial Sector Development ; Financial Literacy ; Financial Markets ; Inequality ; Labor Policies ; Law and Development ; Legal Products ; Macroeconomics and Economic Growth ; Political Economy ; Poverty Reduction ; Private Sector Development ; Privatization ; Social Protections and Labor ; Bank Accounts ; Bank Balance Sheets ; Bank Policy ; Checks ; Contract ; Contract Rights ; Credibility ; Debt Markets ; Depositors ; Economic Theory and Research ; Emerging Markets ; Exchange ; Expropriation ; Finance ; Finance and Financial Sector Development ; Financial Literacy ; Financial Markets ; Inequality ; Labor Policies ; Law and Development ; Legal Products ; Macroeconomics and Economic Growth ; Political Economy ; Poverty Reduction ; Private Sector Development ; Privatization ; Social Protections and Labor
    Abstract: The existing literature emphasizes and contrasts the role of political checks and balances and legal origin in determining the pace of financial sector development. This paper expands substantially on one aspect of this debate: the fact that government actions that promote financial sector development, whether prudent financial regulation or secure property and contract rights, are public goods and sensitive to political incentives to provide public goods. Tests of hypotheses emanating from this argument yield four new conclusions. First, two key determinants of those incentives-the credibility of pre-electoral political promises and citizen information about politician decisions-systematically promote financial sector development. Second, these political factors, along with political checks and balances, operate in part through their influence on the security of property rights, an argument asserted but not previously tested. Third, contrary to findings elsewhere in the literature, the political determinants of financial sector development are significant even in the presence of controls for legal origin. Finally, and again in contrast to the literature, the evidence here suggests that legal origin primarily proxies for political phenomena. Legal origin is a largely insignificant determinant of financial sector development when those phenomena are fully taken into account
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  • 24
    Language: English
    Pages: Online-Ressource (1 online resource (28 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Maloney, William Human capital, trade liberalization, and income risk
    Keywords: Economic Theory and Research ; Elasticity ; Emerging Markets ; Foreign competition ; Free Trade ; Human Capital ; Income ; Incomplete Markets ; Inequality ; International Economics & Trade ; International trade ; Labor Policies ; Lowering trade barriers ; Macroeconomics and Economic Growth ; Poverty Reduction ; Private Sector Development ; Social Protections and Labor ; Trade Liberalization ; Trade policy ; Wages ; Economic Theory and Research ; Elasticity ; Emerging Markets ; Foreign competition ; Free Trade ; Human Capital ; Income ; Incomplete Markets ; Inequality ; International Economics & Trade ; International trade ; Labor Policies ; Lowering trade barriers ; Macroeconomics and Economic Growth ; Poverty Reduction ; Private Sector Development ; Social Protections and Labor ; Trade Liberalization ; Trade policy ; Wages ; Economic Theory and Research ; Elasticity ; Emerging Markets ; Foreign competition ; Free Trade ; Human Capital ; Income ; Incomplete Markets ; Inequality ; International Economics & Trade ; International trade ; Labor Policies ; Lowering trade barriers ; Macroeconomics and Economic Growth ; Poverty Reduction ; Private Sector Development ; Social Protections and Labor ; Trade Liberalization ; Trade policy ; Wages
    Abstract: Using data from Mexico, the authors study empirically the link between trade policy and individual income risk and the extent to which this varies across workers of different human capital (education) levels. They use longitudinal income data on workers to estimate time-varying individual income risk parameters in different manufacturing sectors in Mexico between 1987 and 1998, a period in which the Mexican economy experienced substantial changes in trade policy. In a second step, they use the variations in trade policy across different sectors and over time to estimate the link between trade policy and income risk for workers of varying education levels. The authors' findings are as follows. The level of openness of an economy is not found to be related to income risk for workers of any type. Furthermore, changes in trade policy (that is, trade policy reforms) are not found to have any effect on the risk to income faced by workers with either low or high levels of human capital. But workers with intermediate levels of human capital are found to experience a statistically and economically significant increase in income risk immediately following liberalization of trade. The findings thus point to an interesting non-monotonicity in the interaction between human capital, income risk and trade policy changes
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  • 25
    Language: English
    Pages: Online-Ressource (1 online resource (42 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Lambert, Sylvie A Micro-Decomposition Analysis of The Macroeconomic Determinants of Human Development
    Keywords: Curriculum ; Education ; Education for All ; Enrollment ; Enrollment rate ; Gender gap ; Gender of teachers ; Girls ; Health, Nutrition and Population ; Human Development ; Inequality ; Literacy ; Population Policies ; Poverty Reduction ; Primary Education ; Rural Development ; Rural Poverty Reduction ; Schooling ; Schools ; Curriculum ; Education ; Education for All ; Enrollment ; Enrollment rate ; Gender gap ; Gender of teachers ; Girls ; Health, Nutrition and Population ; Human Development ; Inequality ; Literacy ; Population Policies ; Poverty Reduction ; Primary Education ; Rural Development ; Rural Poverty Reduction ; Schooling ; Schools ; Curriculum ; Education ; Education for All ; Enrollment ; Enrollment rate ; Gender gap ; Gender of teachers ; Girls ; Health, Nutrition and Population ; Human Development ; Inequality ; Literacy ; Population Policies ; Poverty Reduction ; Primary Education ; Rural Development ; Rural Poverty Reduction ; Schooling ; Schools
    Abstract: This paper shows how differences in aggregate human development outcomes over time and space can be additively decomposed into a pure economic-growth component, a component attributed to differences in the distribution of income, and components attributed to "non-income" factors and differences in the model linking outcomes to income or non-income characteristics. The income effect at the micro level is modeled non-parametrically, so as to flexibly reflect distributional changes. The paper illustrates the decomposition using data for Morocco and Vietnam, and the results offer some surprising insights into the observed aggregate gains in schooling attainments. A user friendly STATA program is available to implement the method in other settings
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  • 26
    Language: English
    Pages: Online-Ressource (1 online resource (36 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Lopez, Humberto What Is The Impact of International Remittances On Poverty And Inequality In Latin America ?
    Keywords: Debt Markets ; Developing countries ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Inequality ; Macroeconomics and Economic Growth ; Migrants ; Official development assistance ; Policy Research ; Policy Research Working Paper ; Population Policies ; Poverty Reduction ; Practitioners ; Progress ; Rates of growth ; Remittance ; Remittances ; Remittances ; Rural Development ; Rural Poverty Reduction ; Debt Markets ; Developing countries ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Inequality ; Macroeconomics and Economic Growth ; Migrants ; Official development assistance ; Policy Research ; Policy Research Working Paper ; Population Policies ; Poverty Reduction ; Practitioners ; Progress ; Rates of growth ; Remittance ; Remittances ; Remittances ; Rural Development ; Rural Poverty Reduction ; Debt Markets ; Developing countries ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Inequality ; Macroeconomics and Economic Growth ; Migrants ; Official development assistance ; Policy Research ; Policy Research Working Paper ; Population Policies ; Poverty Reduction ; Practitioners ; Progress ; Rates of growth ; Remittance ; Remittances ; Remittances ; Rural Development ; Rural Poverty Reduction
    Abstract: Workers' remittances have become a major source of income for developing countries. However, little is still known about their impact on poverty and inequality. Using a large cross-country panel dataset, the authors find that remittances in Latin American and Caribbean (LAC) countries have increased growth and reduced inequality and poverty. These results are robust to the use of different instruments that attempt to correct for the potential endogeneity of remittances. Household survey-based estimates for 10 LAC countries confirm that remittances have negative albeit relatively small inequality and poverty-reducing effects, even after imputations for the potential home earnings of migrants
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  • 27
    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: Dollar, David Poverty, Inequality, And Social Disparities During China's Economic Reform
    Keywords: Access to Finance ; Debt Markets ; Emerging Markets ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Income ; Income gap ; Income inequality ; Inequality ; Poor ; Poor areas ; Poor households ; Population Policies ; Poverty Reduction ; Poverty line ; Private Sector Development ; Rural ; Rural Development ; Rural Poverty Reduction ; Rural population ; Access to Finance ; Debt Markets ; Emerging Markets ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Income ; Income gap ; Income inequality ; Inequality ; Poor ; Poor areas ; Poor households ; Population Policies ; Poverty Reduction ; Poverty line ; Private Sector Development ; Rural ; Rural Development ; Rural Poverty Reduction ; Rural population ; Access to Finance ; Debt Markets ; Emerging Markets ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Income ; Income gap ; Income inequality ; Inequality ; Poor ; Poor areas ; Poor households ; Population Policies ; Poverty Reduction ; Poverty line ; Private Sector Development ; Rural ; Rural Development ; Rural Poverty Reduction ; Rural population
    Abstract: China has been the most rapidly growing economy in the world over the past 25 years. This growth has fueled a remarkable increase in per capita income and a decline in the poverty rate from 64 percent at the beginning of reform to 10 percent in 2004. At the same time, however, different kinds of disparities have increased. Income inequality has risen, propelled by the rural-urban income gap and by the growing disparity between highly educated urban professionals and the urban working class. There have also been increases in inequality of health and education outcomes. Some rise in inequality was inevitable as China introduced a market system, but inequality may have been exacerbated rather than mitigated by a number of policy features. Restrictions on rural-urban migration have limited opportunities for the relatively poor rural population. The inability to sell or mortgage rural land has further reduced opportunities. China has a uniquely decentralized fiscal system that has relied on local government to fund basic health and education. The result has been that poor villages could not afford to provide good services, and poor households could not afford the high private costs of basic public services. Ironically, the large trade surplus that China has built up in recent years is a further problem, in that it stimulates an urban industrial sector that no longer creates many jobs while restricting the government's ability to increase spending to improve services and address disparities. The government's recent policy shift to encourage migration, fund education and health for poor areas and poor households, and rebalance the economy away from investment and exports toward domestic consumption and public services should help reduce social disparities
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  • 28
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (21 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: David, Antonio C HIV/AIDS And Social Capital In A Cross-Section of Countries
    Keywords: AIDS HIV ; Communities ; Economic Theory and Research ; Epidemic ; HIV ; Health, Nutrition and Population ; Human capital ; Inequality ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Reduction ; Rule of law ; Social Capital ; Social Capital ; Social Development ; Social Development ; Social cohesion ; Social networks ; Social norms ; AIDS HIV ; Communities ; Economic Theory and Research ; Epidemic ; HIV ; Health, Nutrition and Population ; Human capital ; Inequality ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Reduction ; Rule of law ; Social Capital ; Social Capital ; Social Development ; Social Development ; Social cohesion ; Social networks ; Social norms ; AIDS HIV ; Communities ; Economic Theory and Research ; Epidemic ; HIV ; Health, Nutrition and Population ; Human capital ; Inequality ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Reduction ; Rule of law ; Social Capital ; Social Capital ; Social Development ; Social Development ; Social cohesion ; Social networks ; Social norms
    Abstract: This paper attempts to quantify the impact of the HIV/AIDS epidemic on social capital with cross-country data. It estimates reduced-form regressions of the main determinants of social capital controlling for HIV prevalence, institutional quality, social distance, and economic indicators using data from the World Values Survey. The results obtained indicate that HIV prevalence affects social capital negatively. The empirical estimates suggest that a one standard deviation increase in HIV prevalence will lead to a 1 percent decline in trust, controlling for other determinants of social capital. If one moves from a country with a relatively low level of HIV prevalence such as Estonia, to a country with a high level such as Zimbabwe, one would observe an approximate 8 percent decline in social capital. These results are robust in a number of dimensions and highlight the empirical importance of an additional mechanism through which HIV/AIDS hinders the development process
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  • 29
    Language: English
    Pages: Online-Ressource (1 online resource (33 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ravallion, Martin Geographic Inequity In A Decentralized Anti-Poverty Program
    Keywords: Absolute poverty ; Anti-poverty programs ; Data set ; Developing countries ; Economic Theory and Research ; Income ; Inequality ; Macroeconomics and Economic Growth ; Mean incomes ; Policy ReseaRch ; Poor areas ; Poverty Monitoring and Analysis ; Poverty Reduction ; Poverty lines ; Public Sector Management and Reform ; Redistributive policies ; Services and Transfers to Poor ; Absolute poverty ; Anti-poverty programs ; Data set ; Developing countries ; Economic Theory and Research ; Income ; Inequality ; Macroeconomics and Economic Growth ; Mean incomes ; Policy ReseaRch ; Poor areas ; Poverty Monitoring and Analysis ; Poverty Reduction ; Poverty lines ; Public Sector Management and Reform ; Redistributive policies ; Services and Transfers to Poor ; Absolute poverty ; Anti-poverty programs ; Data set ; Developing countries ; Economic Theory and Research ; Income ; Inequality ; Macroeconomics and Economic Growth ; Mean incomes ; Policy ReseaRch ; Poor areas ; Poverty Monitoring and Analysis ; Poverty Reduction ; Poverty lines ; Public Sector Management and Reform ; Redistributive policies ; Services and Transfers to Poor
    Abstract: The central governments of many developing countries have chosen to decentralize their anti-poverty programs, in the expectation that local agents are better informed about local needs. The paper shows that this potential advantage of decentralized eligibility criteria can come at a large cost, to the extent that the induced geographic inequities undermine performance in reaching the income- poor nationally. These issues are studied empirically for (probably) the largest transfer-based poverty program in the world, namely China's Di Bao program, which aims to assure a minimum income through means-tested transfers. Poor municipalities are found to adopt systematically lower eligibility thresholds, reducing the program's ability to reach poor areas, and generating considerable horizontal inequity
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  • 30
    Language: English
    Pages: Online-Ressource (1 online resource (33 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Bussolo, Maurizio Global Growth And Distribution
    Keywords: Development Economics ; Economic Theory and Research ; Emerging Markets ; General Equilibrium Model ; Growth Rates ; High Growth ; Income ; Income Distribution ; Incomes ; Inequality ; Inequality ; Macroeconomics and Economic Growth ; Middle Class ; Policy Research ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Development Economics ; Economic Theory and Research ; Emerging Markets ; General Equilibrium Model ; Growth Rates ; High Growth ; Income ; Income Distribution ; Incomes ; Inequality ; Inequality ; Macroeconomics and Economic Growth ; Middle Class ; Policy Research ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Development Economics ; Economic Theory and Research ; Emerging Markets ; General Equilibrium Model ; Growth Rates ; High Growth ; Income ; Income Distribution ; Incomes ; Inequality ; Inequality ; Macroeconomics and Economic Growth ; Middle Class ; Policy Research ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction
    Abstract: Over the past 20 years, aggregate measures of global inequality have changed little even if significant structural changes have been observed. High growth rates of China and India lifted millions out of poverty, while the stagnation in many African countries caused them to fall behind. Using the World Bank's LINKAGE global general equilibrium model and the newly developed Global Income Distribution Dynamics (GIDD) tool, this paper assesses the distribution and poverty effects of a scenario where these trends continue in the future. Even by anticipating a deceleration, growth in China and India is a key force behind the expected convergence of per-capita incomes at the global level. Millions of Chinese and Indian consumers will enter into a rapidly emerging global middle class-a group of people who can afford, and demand access to, the standards of living previously reserved mainly for the residents of developed countries. Notwithstanding these positive developments, fast growth is often characterized by high urbanization and growing demand for skills, both of which result in widening of income distribution within countries. These opposing distributional effects highlight the importance of analyzing global disparities by taking into account - as the GIDD does - income dynamics between and within countries
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  • 31
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (52 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Arbache, Jorge Saba Patterns of Long Term Growth In Sub-Saharan Africa
    Keywords: Average Growth Rate ; Economic Conditions and Volatility ; Economic Growth ; Economic Performance ; Economic Theory and Research ; Gross Domestic Product ; Growth Performance ; Growth Volatility ; Income ; Income Distribution ; Inequality ; Long-Run Growth ; Macroeconomics and Economic Growth ; Poverty Reduction ; Pro-Poor Growth ; Purchasing Power ; Purchasing Power Parity ; Average Growth Rate ; Economic Conditions and Volatility ; Economic Growth ; Economic Performance ; Economic Theory and Research ; Gross Domestic Product ; Growth Performance ; Growth Volatility ; Income ; Income Distribution ; Inequality ; Long-Run Growth ; Macroeconomics and Economic Growth ; Poverty Reduction ; Pro-Poor Growth ; Purchasing Power ; Purchasing Power Parity ; Average Growth Rate ; Economic Conditions and Volatility ; Economic Growth ; Economic Performance ; Economic Theory and Research ; Gross Domestic Product ; Growth Performance ; Growth Volatility ; Income ; Income Distribution ; Inequality ; Long-Run Growth ; Macroeconomics and Economic Growth ; Poverty Reduction ; Pro-Poor Growth ; Purchasing Power ; Purchasing Power Parity
    Abstract: Using the most recent purchasing power parity data for 44 sub-Saharan African countries, this paper examines the characteristics of long run growth in Africa between 1975 and 2005. The authors investigate the following issues: cross-country income structure, income convergence, the country level distribution of income, growth and income persistence, and formation of convergence clubs
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  • 32
    Language: English
    Pages: Online-Ressource (1 online resource (47 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ferreira, Francisco H.G Poverty Reduction Without Economic Growth ?
    Keywords: Agricultural Growth ; Economic Growth ; Human Capital ; Human Development ; Inequality ; Poor ; Poverty Dynamics ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Social Assistance ; Social Security ; Agricultural Growth ; Economic Growth ; Human Capital ; Human Development ; Inequality ; Poor ; Poverty Dynamics ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Social Assistance ; Social Security ; Agricultural Growth ; Economic Growth ; Human Capital ; Human Development ; Inequality ; Poor ; Poverty Dynamics ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Social Assistance ; Social Security
    Abstract: Brazil's slow pace of poverty reduction over the last two decades reflects both low growth and a low growth elasticity of poverty reduction. Using GDP data disaggregated by state and sector for a twenty-year period, this paper finds considerable variation in the poverty-reducing effectiveness of growth-across sectors, across space, and over time. Growth in the services sector was substantially more poverty-reducing than was growth in either agriculture or industry. Growth in industry had very different effects on poverty across different states and its impact varied with initial conditions related to human development and worker empowerment. The determinants of poverty reduction changed around 1994: positive growth rates and a greater (absolute) elasticity with respect to agricultural growth contributed to faster poverty reduction. But because there was so little of it, economic growth played a relatively small role in accounting for Brazil's poverty reduction between 1985 and 2004. The taming of hyperinflation (in 1994) and substantial expansions in social security and social assistance transfers, beginning in 1988, accounted for a larger share of the overall reduction in poverty
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  • 33
    Language: English
    Pages: Online-Ressource (1 online resource (32 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Essama-Nssah B Measuring The Pro-Poorness of Income Growth Within An Elasticity Framework
    Keywords: Developing World ; Development Goals ; Development Policy ; Distributional Impact ; Economic Growth ; Growth Pattern ; Growth Process ; Growth Rate ; Growth Rates ; Health, Nutrition and Population ; Income ; Income Growth ; Inequality ; Population Policies ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Developing World ; Development Goals ; Development Policy ; Distributional Impact ; Economic Growth ; Growth Pattern ; Growth Process ; Growth Rate ; Growth Rates ; Health, Nutrition and Population ; Income ; Income Growth ; Inequality ; Population Policies ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Developing World ; Development Goals ; Development Policy ; Distributional Impact ; Economic Growth ; Growth Pattern ; Growth Process ; Growth Rate ; Growth Rates ; Health, Nutrition and Population ; Income ; Income Growth ; Inequality ; Population Policies ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor
    Abstract: Poverty reduction has become a fundamental objective of development, and therefore a metric for assessing the effectiveness of various interventions. Economic growth can be a powerful instrument of income poverty reduction. This creates a need for meaningful ways of assessing the poverty impact of growth. This paper follows the elasticity approach to propose a measure of pro-poorness defined as a weighted average of the deviation of a growth pattern from the benchmark case. The measure can help assess pro-poorness both in terms of aggregate poverty measures, which are members of the additively separable class, and at percentiles. It also lends itself to a decomposition procedure, whereby the overall pattern of income growth can be unbundled, and the contributions of income components to overall pro-poorness identified. An application to data for Indonesia in the 1990s reveals that the amount of poverty reduction achieved over that period remains far below what would have been achieved under distributional neutrality. This conclusion is robust to the choice of a poverty measure among members of the additively separable class, and can be tracked back to changes in expenditure components
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  • 34
    Language: English
    Pages: Online-Ressource (1 online resource (43 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Mitra, Pradeep Increasing Inequality In Transition Economies
    Keywords: Development Economics ; Economic Growth ; Economic Theory and Research ; Empirical Analysis ; Equity and Development ; Finance and Financial Sector Development ; Financial Literacy ; Household Surveys ; Income ; Income Source ; Income Sources ; Incomes ; Increasing Inequality ; Inequality ; International Economics & Trade ; Investment Climate ; Job Credit ; Labor Policies ; Macroeconomics and Economic Growth ; Poverty Impact Evaluation ; Poverty Reduction ; Public Sector Development ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Social Protections and Labor ; Trade Policy ; Development Economics ; Economic Growth ; Economic Theory and Research ; Empirical Analysis ; Equity and Development ; Finance and Financial Sector Development ; Financial Literacy ; Household Surveys ; Income ; Income Source ; Income Sources ; Incomes ; Increasing Inequality ; Inequality ; International Economics & Trade ; Investment Climate ; Job Credit ; Labor Policies ; Macroeconomics and Economic Growth ; Poverty Impact Evaluation ; Poverty Reduction ; Public Sector Development ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Social Protections and Labor ; Trade Policy ; Development Economics ; Economic Growth ; Economic Theory and Research ; Empirical Analysis ; Equity and Development ; Finance and Financial Sector Development ; Financial Literacy ; Household Surveys ; Income ; Income Source ; Income Sources ; Incomes ; Increasing Inequality ; Inequality ; International Economics & Trade ; Investment Climate ; Job Credit ; Labor Policies ; Macroeconomics and Economic Growth ; Poverty Impact Evaluation ; Poverty Reduction ; Public Sector Development ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Social Protections and Labor ; Trade Policy
    Abstract: This paper decomposes changes in inequality, which has in general been increasing in the transition economies of Eastern Europe and the former Soviet Union, both by income source and socio-economic group, with a view to understanding the determinants of inequality and assessing how it might evolve in the future. The empirical analysis relies on a set of inequality statistics that, unlike "official data", are consistent and comparable across countries and are based on primary records from household surveys recently put together for the World Bank study "Growth, Poverty and Inequality in Eastern Europe and the Former Soviet Union: 1998-2003" [World Bank (2005b)]. The increase in inequality in transition, as predicted by a number of theoretical models, in practice differed substantially across countries, with the size and speed of its evolution depending on the relative importance of its key determinants, viz., changes in the wage distribution, employment, entrepreneurial incomes and social safety nets. Its evolution was also influenced by policy. This diversity of outcomes is exemplified on the one hand for Central Europe by Poland, where the increase in inequality has been steady but gradual and reflects, inter alia, larger changes in employment and compensating adjustments in social safety nets and, on the other for the Commonwealth of Independent States by Russia, where an explosive overshooting of inequality peaked in the mid-1990s before being moderated through the extinguishing of wage arrears during its post-1998 recovery. The paper argues that the process of transition to a market economy is not complete and that further evolution of inequality will depend both on (i) transition-related factors, such as the evolution of the education premium, a bias in the investment climate against new private sector firms which are important vehicles of job creation and regional impediments to mobility of goods and labor, as well as increasingly (ii) other factors, such as technological change and globalization. The paper also contrasts key features of inequality in Russia in the context of other transition economies with trends in inequality observed in China where rapid economic growth has been accompanied by a steep increase in inequality. It argues that the latter's experience is, to a large extent, a developmental, rather than a transition-related phenomenon deriving from the rural-urban divide and is, therefore, of limited relevance for predicting changes in inequality in Russia
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  • 35
    Language: English
    Pages: Online-Ressource (1 online resource (50 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Isik-Dikmelik, Aylin Trade Reforms And Welfare
    Keywords: Agricultural Production ; Counterfactual ; Economic Theory and Research ; Emerging Markets ; Farmers ; Finance and Financial Sector Development ; Financial Literacy ; Food Buyers ; Food Crops ; Food Prices ; Household Welfare ; Income ; Income ; Income Distribution ; Income Growth ; Income On Food ; Inequality ; Labor Policies ; Land ; Macroeconomics and Economic Growth ; Poverty Diagnostics ; Poverty Reduction ; Private Sector Development ; Rural Development ; Rural Poverty Reduction ; Small Area Estimation Poverty Mapping ; Social Protections and Labor ; Agricultural Production ; Counterfactual ; Economic Theory and Research ; Emerging Markets ; Farmers ; Finance and Financial Sector Development ; Financial Literacy ; Food Buyers ; Food Crops ; Food Prices ; Household Welfare ; Income ; Income ; Income Distribution ; Income Growth ; Income On Food ; Inequality ; Labor Policies ; Land ; Macroeconomics and Economic Growth ; Poverty Diagnostics ; Poverty Reduction ; Private Sector Development ; Rural Development ; Rural Poverty Reduction ; Small Area Estimation Poverty Mapping ; Social Protections and Labor ; Agricultural Production ; Counterfactual ; Economic Theory and Research ; Emerging Markets ; Farmers ; Finance and Financial Sector Development ; Financial Literacy ; Food Buyers ; Food Crops ; Food Prices ; Household Welfare ; Income ; Income ; Income Distribution ; Income Growth ; Income On Food ; Inequality ; Labor Policies ; Land ; Macroeconomics and Economic Growth ; Poverty Diagnostics ; Poverty Reduction ; Private Sector Development ; Rural Development ; Rural Poverty Reduction ; Small Area Estimation Poverty Mapping ; Social Protections and Labor
    Abstract: This paper analyzes the impact of trade reforms on household welfare. In particular, it studies the importance of each of the links that together constitute the impact using data from the Vietnamese experience in the 1990s. The implementation of trade reforms in the 1990s, most noteworthy of which was the liberalization of rice, resulted in substantial improvement in welfare as evidenced by the drastic decline in poverty. Using analytical and empirical methods, the author examines the role of each channel (direct versus indirect) in this improvement for different groups of households. Results indicate that the growth has been broad based and pro-poor. Poorer households experienced more growth for each and every group analyzed. And contrary to the standard literature, net buyer households had more growth compared with net sellers, emphasizing the importance of indirect links. Decomposition of the growth shows that for rural households, both the direct effect and the multiplier effect drive growth while the multiplier effect was key in urban areas. The importance of the secondary effects underscores the need for a broader model to estimate the impact of trade reforms fully
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  • 36
    Language: English
    Pages: Online-Ressource (1 online resource (45 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Chen, Shaohua Are There Lasting Impacts of Aid To Poor Areas ?
    Keywords: Aid Effectiveness ; Anti-Poverty ; Communities & Human Settlements ; Community Participation ; Counterfactual ; Debt Markets ; Economic Growth ; Economic Theory and Research ; Extreme Poverty ; Finance and Financial Sector Development ; Financial Literacy ; Household Survey ; Housing and Human Habitats ; Income ; Income Gains ; Inequality ; Macroeconomics and Economic Growth ; Market Failures ; Poor ; Poverty Monitoring and Analysis ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Aid Effectiveness ; Anti-Poverty ; Communities & Human Settlements ; Community Participation ; Counterfactual ; Debt Markets ; Economic Growth ; Economic Theory and Research ; Extreme Poverty ; Finance and Financial Sector Development ; Financial Literacy ; Household Survey ; Housing and Human Habitats ; Income ; Income Gains ; Inequality ; Macroeconomics and Economic Growth ; Market Failures ; Poor ; Poverty Monitoring and Analysis ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Aid Effectiveness ; Anti-Poverty ; Communities & Human Settlements ; Community Participation ; Counterfactual ; Debt Markets ; Economic Growth ; Economic Theory and Research ; Extreme Poverty ; Finance and Financial Sector Development ; Financial Literacy ; Household Survey ; Housing and Human Habitats ; Income ; Income Gains ; Inequality ; Macroeconomics and Economic Growth ; Market Failures ; Poor ; Poverty Monitoring and Analysis ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor
    Abstract: The paper revisits the site of a large, World Bank-financed, rural development program in China 10 years after it began and four years after disbursements ended. The program emphasized community participation in multi-sectoral interventions (including farming, animal husbandry, infrastructure and social services). Data were collected on 2,000 households in project and nonproject areas, spanning 10 years. A double-difference estimator of the program's impact (on top of pre-existing governmental programs) reveals sizeable short-term income gains that were mostly saved. Only modest gains to mean consumption emerged in the longer term-in rough accord with the gain to permanent income. Certain types of households gained more than others. The educated poor were under-covered by the community-based selection process-greatly reducing overall impact. The main results are robust to corrections for various sources of selection bias, including village targeting and interference due to spillover effects generated by the response of local governments to the external aid
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  • 37
    Language: English
    Pages: Online-Ressource (1 online resource (34 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Chaudhuri, Shubham Partially Awakened Giants
    Keywords: Absolute Poverty ; Economic Growth ; Farm Production ; Health, Nutrition and Population ; Household Survey ; Human Capital ; Income ; Income Inequality ; Inequality ; Inequality ; Poor ; Population Policies ; Poverty ; Poverty Line ; Poverty Measures ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Absolute Poverty ; Economic Growth ; Farm Production ; Health, Nutrition and Population ; Household Survey ; Human Capital ; Income ; Income Inequality ; Inequality ; Inequality ; Poor ; Population Policies ; Poverty ; Poverty Line ; Poverty Measures ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Absolute Poverty ; Economic Growth ; Farm Production ; Health, Nutrition and Population ; Household Survey ; Human Capital ; Income ; Income Inequality ; Inequality ; Inequality ; Poor ; Population Policies ; Poverty ; Poverty Line ; Poverty Measures ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction
    Abstract: The paper examines the ways in which recent economic growth has been uneven in China and India and what this has meant for inequality and poverty. Drawing on analyses based on existing household survey data and aggregate data from official sources, the authors show that growth has indeed been uneven-geographically, sectorally, and at the household level-and that this has meant uneven progress against poverty, less poverty reduction than might have been achieved had growth been more balanced, and an increase in income inequality. The paper then examines why growth was uneven and why this should be of concern. The discussion is structured around the idea that there are both "good" and "bad" inequalities-drivers and dimensions of inequality and uneven growth that are good or bad in terms of what they imply for both equity and long-term growth and development. The authors argue that the development paths of both China and India have been influenced by, and have generated, both types of inequalities and that while good inequalities-most notably those that reflect the role of economic incentives-have been critical to the growth experience thus far, there is a risk that bad inequalities-those that prevent individuals from connecting to markets and limit investment and accumulation of human capital and physical capital-may undermine the sustainability of growth in the coming years. The authors argue that policies are needed that preserve the good inequalities-continued incentives for innovation and investment-but reduce the scope for bad ones, notably through investments in human capital and rural infrastructure that help the poor connect to markets
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  • 38
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (19 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ersado, Lire Azerbaijan's Household Survey Data
    Keywords: Consumption ; Consumption Expenditures ; Economic Growth ; Economic Theory and Research ; Food Consumption ; Household Consumption ; Household Income ; Household Survey ; Household Surveys ; Human Development ; Income On Food ; Inequality ; Inequality ; Macroeconomics and Economic Growth ; Poverty Impact Evaluation ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Small Area Estimation Poverty Mapping ; Consumption ; Consumption Expenditures ; Economic Growth ; Economic Theory and Research ; Food Consumption ; Household Consumption ; Household Income ; Household Survey ; Household Surveys ; Human Development ; Income On Food ; Inequality ; Inequality ; Macroeconomics and Economic Growth ; Poverty Impact Evaluation ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Small Area Estimation Poverty Mapping ; Consumption ; Consumption Expenditures ; Economic Growth ; Economic Theory and Research ; Food Consumption ; Household Consumption ; Household Income ; Household Survey ; Household Surveys ; Human Development ; Income On Food ; Inequality ; Inequality ; Macroeconomics and Economic Growth ; Poverty Impact Evaluation ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Small Area Estimation Poverty Mapping
    Abstract: While the Azerbaijan household income and expenditure survey (HIES) data satisfy most empirical regularities expected in a typical household survey data, the unequality measures based on the data are unusually low. For example, for the latest three years for which we have data (2002 - 2004), the consumption Gini coefficient (the commonly used summary measure of inequality) is in the range of 16 - 18 percent. This is among the lowest Gini coefficients ever observed in any country, and is extremely low even with the standard of countries generally considered as most equal in the world. Azerbaijan, a transitional economy with a significant natural resource base, is unlikely to be the most equal country in the world. The objective of this paper is to investigate why inequality measures are unusually low in the Azerbaijan household survey data. The author presents a methodology for diagnosing and identifying the potential sources of low inequality in the data, including cluster analysis at the primary sampling unit level. The main inference from the findings of the cluster analysis is that the observed low inequality indices are not due to poor supervision of the interviewers and the data collection process. The author finds that the main culprits for the observed low inequality in the HIES data are (1) the low participation rates of wealthy households in the household surveys, and (2) the widespread availability of well-targeted public and private transfers
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  • 39
    Language: English
    Pages: Online-Ressource (1 online resource (42 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Elbers, Chris Re-Interpreting Sub-Group Inequality Decompositions
    Keywords: Between-Group Inequality ; Differences In Income ; Economic Inequality ; Economic Policy ; Equity and Development ; Group Inequality ; Group Means ; Income ; Income Differences ; Income Distribution ; Income Inequality ; Inequality ; Poverty Impact Evaluation ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Between-Group Inequality ; Differences In Income ; Economic Inequality ; Economic Policy ; Equity and Development ; Group Inequality ; Group Means ; Income ; Income Differences ; Income Distribution ; Income Inequality ; Inequality ; Poverty Impact Evaluation ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Between-Group Inequality ; Differences In Income ; Economic Inequality ; Economic Policy ; Equity and Development ; Group Inequality ; Group Means ; Income ; Income Differences ; Income Distribution ; Income Inequality ; Inequality ; Poverty Impact Evaluation ; Poverty Reduction ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor
    Abstract: The authors propose a modification to the conventional approach of decomposing income inequality by population sub-groups. Specifically, they propose a measure that evaluates observed between-group inequality against a benchmark of maximum between-group inequality that can be attained when the number and relative sizes of groups under examination are fixed. The authors argue that such a modification can provide a complementary perspective on the question of whether a particular population breakdown is salient to an assessment of inequality in a country. As their measure normalizes between-group inequality by the number and relative sizes of groups, it is also less subject to problems of comparability across different settings. The authors show that for a large set of countries their assessment of the importance of group differences typically increases substantially on the basis of this approach. The ranking of countries (or different population groups) can also differ from that obtained using traditional decomposition methods. Finally, they observe an interesting pattern of higher levels of overall inequality in countries where their measure finds higher between-group contributions
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  • 40
    Language: English
    Pages: Online-Ressource (1 online resource (46 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Schiantarelli, Fabio Product Market Regulation And Macroeconomic Performance
    Keywords: Competition ; Debt Markets ; Demand ; Demand Elasticity ; E-Business ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Inequality ; Inflation ; Labor Market ; Labor Markets ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Market Power ; Market Reform ; Market Reforms ; Market Structure ; Markets ; Markets and Market Access ; Monopolies ; Political Economy ; Poverty Reduction ; Private Sector Development ; Regulatory Regimes ; Social Protections and Labor ; Competition ; Debt Markets ; Demand ; Demand Elasticity ; E-Business ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Inequality ; Inflation ; Labor Market ; Labor Markets ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Market Power ; Market Reform ; Market Reforms ; Market Structure ; Markets ; Markets and Market Access ; Monopolies ; Political Economy ; Poverty Reduction ; Private Sector Development ; Regulatory Regimes ; Social Protections and Labor ; Competition ; Debt Markets ; Demand ; Demand Elasticity ; E-Business ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Inequality ; Inflation ; Labor Market ; Labor Markets ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Market Power ; Market Reform ; Market Reforms ; Market Structure ; Markets ; Markets and Market Access ; Monopolies ; Political Economy ; Poverty Reduction ; Private Sector Development ; Regulatory Regimes ; Social Protections and Labor
    Abstract: The main purpose of this paper is to provide a critical overview of the recent empirical contributions that use cross-country data to study the effects of product market regulation and reform on a country's macroeconomic performance. After a brief review of the theoretical literature and of relevant micro-econometric evidence, the paper discusses the main data and methodological issues related to empirical work on this topic. It then critically evaluates the cross-country evidence on the effects of product market regulation on mark-ups, firm dynamics, investment, employment, innovation, productivity, and output growth. The paper concludes with a summary of lessons learned from the econometric results
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  • 41
    Language: English
    Pages: Online-Ressource (1 online resource (51 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Filho, Joaquim Bento de Souza Ferreira The Doha Round, Poverty, And Regional Inequality In Brazil
    Keywords: Bank ; Calculations ; Commodities ; Commodity ; Consumer ; Consumer Behavior ; Currency ; Demand ; Economic Theory and Research ; Emerging ; Finance and Financial Sector Development ; Financial Literacy ; Health Systems Development and Reform ; Health, Nutrition and Population ; Household Expenditure ; Household Income ; Income ; Income ; Income Increase ; Inequality ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Reduction ; Private Sector Development ; Rural Developmen ; Services and Transfers to Poor ; Social Protections and Labor ; Bank ; Calculations ; Commodities ; Commodity ; Consumer ; Consumer Behavior ; Currency ; Demand ; Economic Theory and Research ; Emerging ; Finance and Financial Sector Development ; Financial Literacy ; Health Systems Development and Reform ; Health, Nutrition and Population ; Household Expenditure ; Household Income ; Income ; Income ; Income Increase ; Inequality ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Reduction ; Private Sector Development ; Rural Developmen ; Services and Transfers to Poor ; Social Protections and Labor ; Bank ; Calculations ; Commodities ; Commodity ; Consumer ; Consumer Behavior ; Currency ; Demand ; Economic Theory and Research ; Emerging ; Finance and Financial Sector Development ; Financial Literacy ; Health Systems Development and Reform ; Health, Nutrition and Population ; Household Expenditure ; Household Income ; Income ; Income ; Income Increase ; Inequality ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Reduction ; Private Sector Development ; Rural Developmen ; Services and Transfers to Poor ; Social Protections and Labor
    Abstract: This paper addresses the potential effects of the Doha round of trade negotiations on poverty and income distribution in Brazil, using an applied general equilibrium (AGE) and micro-simulation model of Brazil tailored for income distribution and poverty analysis. Of particular importance is the fact that the representative household hypothesis is replaced by a detailed representation of households. The model distinguishes 10 different labor types and has 270 different household expenditure patterns. Income can originate from 41 different production activities (which produce 52 commodities), located in 27 different regions in the country. The AGE model communicates to a micro-simulation model that has 112,055 Brazilian households and 263,938 adults. Poverty and income distribution indices are computed over the entire sample of households and persons, before and after the policy shocks. Model results show that even important trade policy shocks, such as those applied in this study, do not generate dramatic changes in the structure of poverty and income distribution in the Brazilian economy. The simulated effects on poverty and income distribution are positive, but rather small. The benefits are concentrated in the poorest households
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  • 42
    Language: English
    Pages: Online-Ressource (1 online resource (38 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Anderson, Kym Global Impacts Of Doha Trade Reform Scenarios On Poverty
    Keywords: Agriculture ; Base Year ; Benchmark ; Constant Returns To Scale ; Consumers ; Debt Markets ; Development ; Economic Theory and Research ; Elasticity ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; Goods ; Inequality ; International Economics & Trade ; Labor Policies ; Macroeconomics and Economic Growth ; Multilateral Trade ; Poverty Reduction ; Prices ; Private Sector Development ; Pro-Poor Growth ; Public Sector Development ; Real Income ; Social Protections and Labor ; Trade Liberalization ; Trade Negotiations ; Trade Policy ; Trade Reforms ; Trade and Regional Integration ; Uruguay Round ; Utility ; WTO ; Wages ; Welfare ; Agriculture ; Base Year ; Benchmark ; Constant Returns To Scale ; Consumers ; Debt Markets ; Development ; Economic Theory and Research ; Elasticity ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; Goods ; Inequality ; International Economics & Trade ; Labor Policies ; Macroeconomics and Economic Growth ; Multilateral Trade ; Poverty Reduction ; Prices ; Private Sector Development ; Pro-Poor Growth ; Public Sector Development ; Real Income ; Social Protections and Labor ; Trade Liberalization ; Trade Negotiations ; Trade Policy ; Trade Reforms ; Trade and Regional Integration ; Uruguay Round ; Utility ; WTO ; Wages ; Welfare ; Agriculture ; Base Year ; Benchmark ; Constant Returns To Scale ; Consumers ; Debt Markets ; Development ; Economic Theory and Research ; Elasticity ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; Goods ; Inequality ; International Economics & Trade ; Labor Policies ; Macroeconomics and Economic Growth ; Multilateral Trade ; Poverty Reduction ; Prices ; Private Sector Development ; Pro-Poor Growth ; Public Sector Development ; Real Income ; Social Protections and Labor ; Trade Liberalization ; Trade Negotiations ; Trade Policy ; Trade Reforms ; Trade and Regional Integration ; Uruguay Round ; Utility ; WTO ; Wages ; Welfare
    Abstract: The authors illustrate some of the potential consequences of the World Trade Organization's Doha Round of multilateral trade negotiations on incomes and poverty globally. Using the global LINKAGE model to generate changes in domestic and international prices that have a direct impact on factor incomes and consumer prices, they estimate the change in real income at the poverty line that would accompany various reform scenarios. When accompanied by additional information about the elasticity of poverty with respect to income, this provides an estimate of the change in poverty by country. Under most liberalization scenarios considered, unskilled wages rise more than average incomes, but the estimated impact on global poverty is modest, especially if developing countries are unwilling to undertake much reform
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  • 43
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (24 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Hiau, Looi Kee A Model on Knowledge and Endogenous Growth
    Keywords: Capita Income ; Capital ; Capital Accumulation ; Capital Stock ; Conventional Wisdom ; E-Business ; Economic Development ; Economic Growth ; Economic Growth ; Economic Theory and Research ; Emerging Markets ; Factors of Production ; Growth ; Growth Rate ; Growth Rate ; Inequality ; International Economics & Trade ; Macroeconomics and Economic Growth ; Political Economy ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Trade Liberalization ; Trade and Regional Integration ; Capita Income ; Capital ; Capital Accumulation ; Capital Stock ; Conventional Wisdom ; E-Business ; Economic Development ; Economic Growth ; Economic Growth ; Economic Theory and Research ; Emerging Markets ; Factors of Production ; Growth ; Growth Rate ; Growth Rate ; Inequality ; International Economics & Trade ; Macroeconomics and Economic Growth ; Political Economy ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Trade Liberalization ; Trade and Regional Integration ; Capita Income ; Capital ; Capital Accumulation ; Capital Stock ; Conventional Wisdom ; E-Business ; Economic Development ; Economic Growth ; Economic Growth ; Economic Theory and Research ; Emerging Markets ; Factors of Production ; Growth ; Growth Rate ; Growth Rate ; Inequality ; International Economics & Trade ; Macroeconomics and Economic Growth ; Political Economy ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Trade Liberalization ; Trade and Regional Integration
    Abstract: This paper presents a model of endogenous growth in which the main engine of economic development is knowledge. Using a two-sector closed economy model that comprises of a conventional goods-producing sector and a research and development sector, our model incorporates two key aspects of knowledge: technology and human capital. Steady-state equilibrium conditions show that the growth rate of per capita income hinges on the growth rate of human capital. While the growth rate of human capital has been previously shown to affect the growth of the economy in transition between steady states or balanced growth paths, this paper is the first to link the growth rate of human capital to the steady-state growth rate of productivity and output per worker. Furthermore, this result does not exhibit scale effects or policy invariance, both of which have been longstanding concerns with the predictions of endogenous growth models developed in the 1990s
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  • 44
    Language: English
    Pages: Online-Ressource (1 online resource (24 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Schipper, Youdi Which Inequality Matters?
    Keywords: Cross-Country Data ; Data Sets ; Developing Countries ; Economic Growth ; Empirical Evidence ; Empirical Research ; Empirical Studies ; Equity and Development ; Growth Regression ; Growth Regressions ; Health, Nutrition and Population ; Human Capital ; Income ; Income ; Inequality ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Impact Evaluation ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Cross-Country Data ; Data Sets ; Developing Countries ; Economic Growth ; Empirical Evidence ; Empirical Research ; Empirical Studies ; Equity and Development ; Growth Regression ; Growth Regressions ; Health, Nutrition and Population ; Human Capital ; Income ; Income ; Inequality ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Impact Evaluation ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Cross-Country Data ; Data Sets ; Developing Countries ; Economic Growth ; Empirical Evidence ; Empirical Research ; Empirical Studies ; Equity and Development ; Growth Regression ; Growth Regressions ; Health, Nutrition and Population ; Human Capital ; Income ; Income ; Inequality ; Macroeconomics and Economic Growth ; Population Policies ; Poverty Impact Evaluation ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor
    Abstract: Existing empirical studies on the relation between inequality and growth have been criticized for their focus on income inequality and their use of cross-country data sets. Schipper and Hoogeveen use two sets of small area welfare estimates-often referred to as poverty maps-to estimate a model of rural per capita expenditure growth for Uganda between 1992 and 1999. They estimate the growth effects of expenditure and education inequality while controlling for other factors, such as initial levels of expenditure and human capital, family characteristics, and unobserved spatial heterogeneity. The authors correct standard errors to reflect the uncertainty due to the fact that they use estimates rather than observations. They find that per capita expenditure growth in rural Uganda is affected positively by the level of education as well as by the degree of education inequality. Expenditure inequality does not have a significant impact on growth
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  • 45
    Language: English
    Pages: Online-Ressource (1 online resource (67 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Francois, Joseph F The Construction And Interpretation of Combined Cross-Section And Time-Series Inequality Datasets
    Keywords: Cross-Country Inequality ; Data Quality ; Developing Countries ; Economic Policy ; Economic Theory and Research ; Explaining Inequality ; Gini Coefficient ; Income ; Income ; Income Distribution ; Income Inequality ; Income Study ; Inequality ; Information Security and Privacy ; Macroeconomics and Economic Growth ; Poverty Impact Evaluation ; Poverty Reduction ; Services and Transfers to Poor ; Social Protections and Labor ; Cross-Country Inequality ; Data Quality ; Developing Countries ; Economic Policy ; Economic Theory and Research ; Explaining Inequality ; Gini Coefficient ; Income ; Income ; Income Distribution ; Income Inequality ; Income Study ; Inequality ; Information Security and Privacy ; Macroeconomics and Economic Growth ; Poverty Impact Evaluation ; Poverty Reduction ; Services and Transfers to Poor ; Social Protections and Labor ; Cross-Country Inequality ; Data Quality ; Developing Countries ; Economic Policy ; Economic Theory and Research ; Explaining Inequality ; Gini Coefficient ; Income ; Income ; Income Distribution ; Income Inequality ; Income Study ; Inequality ; Information Security and Privacy ; Macroeconomics and Economic Growth ; Poverty Impact Evaluation ; Poverty Reduction ; Services and Transfers to Poor ; Social Protections and Labor
    Abstract: The inequality dataset compiled in the 1990s by the World Bank and extended by the United Nations has been both widely used and strongly criticized. The criticisms raise questions about conclusions drawn from secondary inequality datasets in general. The authors develop techniques to deal with national and international comparability problems intrinsic to such datasets. The result is a new dataset of consistent inequality series, allowing them to explore problems of measurement error. In addition, the new data allow the authors to perform parametric non-linear estimation of Lorenz curves from grouped data. This in turn allows them to estimate the entire income distribution, computing alternative inequality indexes and poverty estimates. Finally, the authors use their broadly comparable dataset to examine international patterns of inequality and poverty
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