A normal relationship?: poverty, growth, and inequality
"Using a large cross-country income distribution dataset spanning close to 800 country-year observations from industrial and developing countries, the authors show that the size distribution of per capita income is well approximated empirically by a lognormal density. The null hypothesis that p...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C]
World Bank
2006
|
| Schriftenreihe: | Policy research working paper
3814 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | "Using a large cross-country income distribution dataset spanning close to 800 country-year observations from industrial and developing countries, the authors show that the size distribution of per capita income is well approximated empirically by a lognormal density. The null hypothesis that per capita income follows a lognormal distribution cannot be rejected-although the same hypothesis is unambiguously rejected when applied to per capita consumption. The authors show that lognormality of per capita income has important implications for the relative roles of income growth and inequality changes in poverty reduction. When poverty reduction is the overriding policy objective, poorer and relatively equal countries may be willing to tolerate modest increases in income inequality in exchange for faster growth-more so than richer and highly unequal countries. "--World Bank web site |
| Beschreibung: | Includes bibliographical references. - Title from PDF file as viewed on 1/12/2006 Erscheinungsjahr in Vorlageform:[2006] Weitere Ausgabe: Lopez, J. Humberto: A normal relationship? |
| Beschreibung: | 1 Online-Ressource (30 Seiten) |
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| 520 | 1 | |a "Using a large cross-country income distribution dataset spanning close to 800 country-year observations from industrial and developing countries, the authors show that the size distribution of per capita income is well approximated empirically by a lognormal density. The null hypothesis that per capita income follows a lognormal distribution cannot be rejected-although the same hypothesis is unambiguously rejected when applied to per capita consumption. The authors show that lognormality of per capita income has important implications for the relative roles of income growth and inequality changes in poverty reduction. When poverty reduction is the overriding policy objective, poorer and relatively equal countries may be willing to tolerate modest increases in income inequality in exchange for faster growth-more so than richer and highly unequal countries. "--World Bank web site | |
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| publishDate | 2006 |
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| publisher | World Bank |
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| series2 | Policy research working paper |
| spellingShingle | López, J. Humberto 1965- Servén, Luis A normal relationship? poverty, growth, and inequality Wirtschaftsentwicklung |
| subject_GND | (DE-588)4522595-3 |
| title | A normal relationship? poverty, growth, and inequality |
| title_auth | A normal relationship? poverty, growth, and inequality |
| title_exact_search | A normal relationship? poverty, growth, and inequality |
| title_full | A normal relationship? poverty, growth, and inequality Humberto Lopez, Luis Serven |
| title_fullStr | A normal relationship? poverty, growth, and inequality Humberto Lopez, Luis Serven |
| title_full_unstemmed | A normal relationship? poverty, growth, and inequality Humberto Lopez, Luis Serven |
| title_short | A normal relationship? |
| title_sort | a normal relationship poverty growth and inequality |
| title_sub | poverty, growth, and inequality |
| topic | Wirtschaftsentwicklung |
| topic_facet | Wirtschaftsentwicklung Fallstudiensammlung |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3814 |
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