Leite, Carlos.

Is Growth Enough? Macroeconomic Policy and Poverty Reduction Carlos Leite. [electronic resource] / Carlos Leite. - Washington, D.C. : International Monetary Fund, 2002. - 1 online resource (39 p.) - IMF Working Papers; Working Paper ; No. 02/118 . - IMF Working Papers; Working Paper ; No. 02/118 .

The paper investigates the existence of "super pro-poor" policies-that is, policies that directly influence the income of the poor after accounting for the effect of growth. It uses a dynamic panel estimator to capture both across- and within-country effects, and a Bayesian-type robustness check to account for model uncertainty. The findings confirm that growth raises the income of the poor, although this relationship is less than one-to-one. The analysis also identifies four super pro-poor conditions that are influenced by policy: inflation, government size, educational achievement, and financial development.

1451854099 : 15.00 USD

1018-5941

10.5089/9781451854091.001 doi


Bayesian Analysis
Comparative Studies of Countries
Correlation
Equation
Logarithm
Macroeconomic Policy


Bulgaria
Canada
Hong Kong Special Administrative Region of China
India
Sierra Leone

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