Growth may be good for the poor, but decline is disastrous: On the non-robustness of the Dollar-Kraay result

Richard Ashley ()

International Review of Economics & Finance, 2008, vol. 17, issue 2, 333-338

Abstract: The Dollar-Kraay result (that the income elasticity of the lowest quintile's income is essentially one) is identified as a statistical artifact related to the irregular sampling intervals in their data. Corrected results suggest an asymmetric response to growth versus decline.

Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1059-0560(07)00082-2
Full text for ScienceDirect subscribers only

Related works:
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:eee:reveco:v:17:y:2008:i:2:p:333-338

Access Statistics for this article

International Review of Economics & Finance is currently edited by H. Beladi and C. Chen

More articles in International Review of Economics & Finance from Elsevier
Bibliographic data for series maintained by Catherine Liu ().