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:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C]
World Bank
[2006]
|
| Schriftenreihe: | Policy research working paper
3814 |
| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 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 |
| Beschreibung: | 1 Online-Ressource |
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| index_date | 2024-07-03T22:27:47Z |
| indexdate | 2024-07-10T09:54:31Z |
| institution | BVB |
| language | English |
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| spelling | Lopez, J. Humberto Verfasser aut A normal relationship? poverty, growth, and inequality Humberto Lopez, Luis Serven [Washington, D.C] World Bank [2006] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 3814 Includes bibliographical references Title from PDF file as viewed on 1/12/2006 "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 Online-Ausg Also available in print Economic development Case studies Income distribution Case studies Poverty Case studies Serven, Luis Sonstige oth World Bank Sonstige oth Lopez, J. Humberto A normal relationship? http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3814 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Lopez, J. Humberto A normal relationship? poverty, growth, and inequality Economic development Case studies Income distribution Case studies Poverty Case studies |
| 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_exact_search_txtP | 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 | Economic development Case studies Income distribution Case studies Poverty Case studies |
| topic_facet | Economic development Case studies Income distribution Case studies Poverty Case studies |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3814 |
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