Where Does the Axe Fall? Inflation Dynamics and Poverty Rates: Regional and Sectoral Evidence for Ghana

Simeon Coleman ()

World Development, 2012, vol. 40, issue 12, 2454-2467

Abstract: The possibility of an inflation-induced poverty-trap due to the welfare-decreasing effects of inflation and the advantages of geographic targeting in poverty programs are well-documented. Using fractional integration methods, and data from Ghana, we analyze regional and sectoral inflation dynamics vis-à-vis regional poverty rates to determine where the adverse impacts of inflation persistence would, most likely, hit hardest and policy should target. In particular, we conclude that the poor in three regions, and patrons of five sectors require the most attention, particularly since three of the five sectors are basic necessities.

Keywords: Africa; Ghana; inflation persistence; heterogeneity; welfare policy objectives; poverty rates (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:wdevel:v:40:y:2012:i:12:p:2454-2467

DOI: 10.1016/j.worlddev.2012.05.019

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