EconPapers    
Economics at your fingertips  
 

Is there poverty convergence?

Jesus Crespo Cuaresma (), Stephan Klasen and Konstantin Wacker

No 1711, Working Papers from Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz

Abstract: Martin Ravallion ("Why Don't We See Poverty Convergence?" American Economic Review, 102(1): 504-23; 2012) presents evidence against the existence of proportionate convergence in global poverty rates despite convergence in household mean income levels and the link between income growth and poverty reduction. We show that heterogeneity in this link affects the evidence of poverty convergence and that this result depends on the sample selected, especially on the inclusion of transition economies with poorly measured low poverty incidences. Motivating the poverty convergence equation with an arguably superior semi-elasticity specification, we find robust evidence of convergence in absolute poverty rates.

Keywords: poverty convergence; income inequality; economic growth; poverty trap; transition economies (search for similar items in EconPapers)
JEL-codes: I32 D31 P36 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2017
New Economics Papers: this item is included in nep-gro and nep-ltv
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
https://download.uni-mainz.de/RePEc/pdf/Discussion_Paper_1711.pdf First version, 2017 (application/pdf)

Related works:
Working Paper: Is there poverty convergence? (2017) Downloads
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:jgu:wpaper:1711

Access Statistics for this paper

More papers in Working Papers from Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz Contact information at EDIRC.
Bibliographic data for series maintained by Research Unit IPP ().

 
Page updated 2021-01-25
Handle: RePEc:jgu:wpaper:1711