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- W2018570824 abstract "Average living standards are converging among developing countries and faster growing economies see more progress against poverty. Yet we do not find poverty convergence; countries starting with higher poverty rates do not see higher proportionate rates of poverty reduction. The paper tries to explain why. Analysis of a new dataset suggests that, at given mean consumption, high initial poverty has an adverse effect on consumption growth and also makes growth less poverty-reducing. Thus, for many poor countries, the growth advantage of starting out with a low mean is lost due to a high incidence of poverty. JEL: D63, I31, I32, O15" @default.
- W2018570824 created "2016-06-24" @default.
- W2018570824 creator A5005651933 @default.
- W2018570824 date "2012-02-01" @default.
- W2018570824 modified "2023-10-14" @default.
- W2018570824 title "Why Don't We See Poverty Convergence?" @default.
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- W2018570824 doi "https://doi.org/10.1257/aer.102.1.504" @default.
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