Poverty traps, aid, and growth:
"The authors examine the empirical evidence in support of the poverty trap view of underdevelopment. They calibrate simple aggregate growth models in which poverty traps can arise due to either low saving or low technology at low levels of development. They then use these models to assess the e...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C]
World Bank
[2005]
|
| Schriftenreihe: | Policy research working paper
3631 |
| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
| Zusammenfassung: | "The authors examine the empirical evidence in support of the poverty trap view of underdevelopment. They calibrate simple aggregate growth models in which poverty traps can arise due to either low saving or low technology at low levels of development. They then use these models to assess the empirical relevance of poverty traps and their consequences for policy. The authors find little evidence of the existence of poverty traps based on these two broad mechanisms. When put to the task of explaining the persistence of low income in African countries, the models require either unreasonable values for key parameters, or else generate counterfactual predictions regarding the relations between key variables. These results call into question the view that a large scaling-up of aid to the poorest countries is a necessary condition for sharp and sustained increases in growth. "--World Bank web site |
| Beschreibung: | Includes bibliographical references Title from PDF file as viewed on 8/23/2005 |
| Beschreibung: | 1 Online-Ressource |
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| id | DE-604.BV049074993 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T22:27:47Z |
| indexdate | 2024-07-10T09:54:31Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-034336884 |
| oclc_num | 1392145399 |
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| physical | 1 Online-Ressource |
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| publishDate | 2005 |
| publishDateSearch | 2005 |
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| publisher | World Bank |
| record_format | marc |
| series2 | Policy research working paper |
| spelling | Kraay, Aart Verfasser aut Poverty traps, aid, and growth Aart Kraay, Claudio Raddatz [Washington, D.C] World Bank [2005] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 3631 Includes bibliographical references Title from PDF file as viewed on 8/23/2005 "The authors examine the empirical evidence in support of the poverty trap view of underdevelopment. They calibrate simple aggregate growth models in which poverty traps can arise due to either low saving or low technology at low levels of development. They then use these models to assess the empirical relevance of poverty traps and their consequences for policy. The authors find little evidence of the existence of poverty traps based on these two broad mechanisms. When put to the task of explaining the persistence of low income in African countries, the models require either unreasonable values for key parameters, or else generate counterfactual predictions regarding the relations between key variables. These results call into question the view that a large scaling-up of aid to the poorest countries is a necessary condition for sharp and sustained increases in growth. "--World Bank web site Online-Ausg Also available in print Economic assistance Economic development Poverty Raddatz, Claudio E. Sonstige oth World Bank Sonstige oth Kraay, Aart Poverty traps, aid, and growth http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3631 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Kraay, Aart Poverty traps, aid, and growth Economic assistance Economic development Poverty |
| title | Poverty traps, aid, and growth |
| title_auth | Poverty traps, aid, and growth |
| title_exact_search | Poverty traps, aid, and growth |
| title_exact_search_txtP | Poverty traps, aid, and growth |
| title_full | Poverty traps, aid, and growth Aart Kraay, Claudio Raddatz |
| title_fullStr | Poverty traps, aid, and growth Aart Kraay, Claudio Raddatz |
| title_full_unstemmed | Poverty traps, aid, and growth Aart Kraay, Claudio Raddatz |
| title_short | Poverty traps, aid, and growth |
| title_sort | poverty traps aid and growth |
| topic | Economic assistance Economic development Poverty |
| topic_facet | Economic assistance Economic development Poverty |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3631 |
| work_keys_str_mv | AT kraayaart povertytrapsaidandgrowth AT raddatzclaudioe povertytrapsaidandgrowth AT worldbank povertytrapsaidandgrowth |