Description
Our study seeks to answer what rate of economic growth will achieve a one percentage-point reduction in the level of poverty, as measured by the popular headcount ratio. We also recognize that income distribution might change in response to growth and may in turn have an effect of its own on poverty. In particular, do initial inequality and level of development matter in the subsequent realization of poverty? Finally, we examine if some seemingly important variables, such as trade and human capital, also have a significant influence on poverty. For obvious reasons, these findings can have significant implications for policy.
Poverty, economic growth, and inequalty in developing countries: a focus on Nepal and South Asia
Our study seeks to answer what rate of economic growth will achieve a one percentage-point reduction in the level of poverty, as measured by the popular headcount ratio. We also recognize that income distribution might change in response to growth and may in turn have an effect of its own on poverty. In particular, do initial inequality and level of development matter in the subsequent realization of poverty? Finally, we examine if some seemingly important variables, such as trade and human capital, also have a significant influence on poverty. For obvious reasons, these findings can have significant implications for policy.