EconPapers    
Economics at your fingertips  
 

Growth, inequality, and poverty in Latin America: historical evidence, controlled conjectures

Leandro Prados de la Escosura ()

IFCS - Working Papers in Economic History.WH from Universidad Carlos III de Madrid. Instituto Figuerola

Abstract: How have growth and inequality affected poverty reduction in Latin America over the long run? On the basis of the available evidence on growth and inequality tentative answers and conjectures are proposed about the long run evolution of poverty in Latin America. Modern Latin America experienced sustained growth since mid nineteenth century only brought to a halt during the 1980s. Inequality, in turn, rose steadily until a high plateau in which it has stabilized over the last four decades of the twentieth century. A calibration exercise on the basis of López and Servén (2005) recent empirical research suggests that absolute poverty has experienced a long-run decline in Latin America since the late nineteenth century, interrupted in the 1890s and the 1930s, and only reversed in the 1980s. Growth emerges as the main element underlying the reduction in absolute poverty, and almost exclusively in the second half of the twentieth century.

Date: 2005-04
New Economics Papers: this item is included in nep-dev and nep-lam
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
https://e-archivo.uc3m.es/rest/api/core/bitstreams ... a359cca693c5/content (application/pdf)

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:cte:whrepe:wh054104

Access Statistics for this paper

More papers in IFCS - Working Papers in Economic History.WH from Universidad Carlos III de Madrid. Instituto Figuerola
Bibliographic data for series maintained by Ana Poveda ().

 
Page updated 2024-07-01
Handle: RePEc:cte:whrepe:wh054104