Why Don't We See Poverty Convergence?

S-Tier
Journal: American Economic Review
Year: 2012
Volume: 102
Issue: 1
Pages: 504-23

Authors (1)

Score contribution per author:

8.043 = (α=2.01 / 1 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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)

Technical Details

RePEc Handle
repec:aea:aecrev:v:102:y:2012:i:1:p:504-23
Journal Field
General
Author Count
1
Added to Database
2026-01-29