EconPapers    
Economics at your fingertips  
 

A measurement of affluence and poverty interdependence across countries: Evidence from the application of tail copula

Roman Matkovskyy ()

Bulletin of Economic Research, 2020, vol. 72, issue 4, 404-416

Abstract: This paper examines affluence and poverty interdependence across 185 countries and its evolution over 1969–2014. To estimate affluence and poverty interdependence and derive tail interdependences the tail copulae are applied to multivariate density function. The tail coefficients are estimated in the non‐parametric way as in Schmidt and Stadtmüller (2006). The estimates show, that poverty is less interdependent and continue to decrease, while affluence has asymptotically high global dependence, meaning a higher global dependence on and sensitivity to the well‐being of the affluent countries. The received results derive the pattern of the extreme interdependence and can help to identify poverty and affluence spill‐over across countries and regions and calculate the average sensitivity of a country to these phenomena on the global level and can potentially help in poverty reduction strategies within the Sustainable Development Goal by the United Nations.

Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://doi.org/10.1111/boer.12227

Related works:
Working Paper: A measurement of affluence and poverty interdependence across countries: Evidence from the application of tail copula (2020)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:buecrs:v:72:y:2020:i:4:p:404-416

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0307-3378

Access Statistics for this article

More articles in Bulletin of Economic Research from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2021-03-28
Handle: RePEc:bla:buecrs:v:72:y:2020:i:4:p:404-416