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Economic Growth and Poverty

Edited by Nanak Kakwani, Former Professor and Head of the Department of Economics, University of New South Wales, Australia, Hyun Hwa Son, Principle Evaluation Specialist, Independent Evaluation Development, Asian Development Bank, Philippines
This single-volume compilation offers an insight to some of the most important questions economists and policymakers have been grappling over. A substantial amount of research has been carried out using cross-country regression models, resulting in a better and improved understanding of the linkage between economic growth and poverty reduction. The literature on cross-country regressions, however, has led to conflicting conclusions. Based on a selection of influential papers, and prefaced by a critical review of the literature, this collection covers an array of relevant topics and thought-provoking material. Scholars who envision a world free of extreme poverty will find this volume particularly valuable.
Extent: 896 pp
Hardback Price: $500.00 Web: $450.00
Publication Date: 2018
ISBN: 978 1 78643 934 5
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  • Development Studies
  • Development Economics
  • Development Studies
  • Economics and Finance
  • Development Economics
  • Public Sector Economics
  • Welfare Economics
This single-volume compilation offers an insight to some of the most important questions economists and policymakers have been grappling over. A substantial amount of research has been carried out using cross-country regression models, resulting in a better and improved understanding of the linkage between economic growth and poverty reduction. The literature on cross-country regressions, however, has led to conflicting conclusions. Based on a selection of influential papers, and prefaced by a critical review of the literature, this collection covers an array of relevant topics and thought-provoking material. Scholars who envision a world free of extreme poverty will find this volume particularly valuable.
39 articles, dating from 1955 to 2008
Contributors include: A.B. Atkinson, R.J. Barro, D. Dollar, J. Foster, K. Forbes, R. Kanbur, S. Kuznets, M. Ravallion, L. Squire
Contents:

Research Review Nanak Kakwani and Hyun Hwa Son
1. Simon Kuznets (1955), ‘Economic Growth and Income Inequality’, American Economic Review, XLV (1), March, 1–28

2. Simon Kuznets (1963), ‘Quantitative Aspects of Economic Growth of Nations: VIII, Distribution of Income by Size’, Economic Development and Cultural Change, 11 (2), January, 1–80

3. Montek S. Ahluwalia (1976), ‘Income Distribution and Development: Some Stylized Facts’, American Economic Review, 66 (2), May, 128–35

4. Montek S. Ahluwalia (1976), ‘Inequality, Poverty and Development’, Journal of Development Economics, 3 (4), December, 307–42

5. Sudhir Anand and S. M. R. Kanbur (1993), ‘The Kuznets Process and Inequality-Development Relationship’, Journal of Development Economics, 40 (1), February, 25–52

6. Sudhir Anand and S. M. R. Kanbur (1985), ‘Poverty Under the Kuznets Process’, Economic Journal, Supplement: Conference Papers, 95, 42–50

7. Sherman Robinson (1976), ‘A Note on the U Hypothesis Relating Income Inequality and Development’, American Economic Review, 66 (3), June, 437–40

8. Felix Paukert (1973), ‘Income Distribution at Different Levels of Development’, International Labour Review, 108 (2–3), 97–125

9. Nanak Kakwani (1988), ‘Income Inequality, Welfare and Poverty in a Developing Economy with Application to Sri Lanka’, Social Choice and Welfare, 5 (2–3), June, 199–222

10. Nancy Birdsall, David R. Ross and Richard Sabot (1995), ‘Inequality and Growth Reconsidered: Lessons from East Asia’, World Bank Economic Review, 9 (3), September, 477–508

11. Robert J. Barro (2000), ‘Inequality and Growth in a Panel of Countries’, Journal of Economic Growth, 5 (1), March, 5–32

12. Kristin J. Forbes (2000), ‘A Reassessment of the Relationship between Inequality and Growth’, American Economic Review, 90 (4), September, 869–87

13. Torsten Persson and Guido Tabellini (1994), ‘Is Inequality Harmful for Growth?’, American Economic Review, 84 (3), June, 600–21

14. Anthony B. Atkinson (1970), ‘On the Measurement of Inequality’, Journal of Economic Theory, 2 (3), September, 244–63

15. Amartya Sen (1974), ‘Informational Bases of Alternative Welfare Approaches: Aggregation and Income Distribution’, Journal of Public Economics, 3 (4), November, 387–403

16. Amartya Sen (1976), ‘Poverty: An Ordinal Approach to Measurement’, Econometrica, 44 (2), March, 219–31

17. Nanak Kakwani (1980), ‘On Class of Poverty Measures’, Econometrica, 48 (2), March, 437–46

18. James Foster, Joel Greer and Erik Thorbecke (1984), ‘A Class of Decomposable Poverty Measures’, Econometrica, 52 (3), May, 761–66

19. Martin Ravallion and Shaohua Chen (1997), ‘What Can New Survey Data Tell Us about Recent Changes in Distribution and Poverty?’, World Bank Economic Review, 11 (2), May, 357–82

20. Hongyi Li, Lyn Squire and Heng-fu Zou (1998), ‘Explaining International and Intertemporal Variations in Income Inequality’, Economic Journal, 108 (446), January, 26–43

21. Martin Ravallion (1995), ‘Growth and Poverty: Evidence from Developing Countries in the 1990s’, Economic Letters, 48 (3–4), June, 411–17

22. Martin Ravallion (2005), ‘A Poverty-Inequality Trade Off?’, Journal of Economic Inequality, 3 (2), August, 169–81

23. Gary S. Fields (1989), ‘Changes in Poverty and Inequality in Developing Countries’, World Bank Research Observer, 4 (2), July, 167–85

24. Klaus Deininger and Lyn Squire (1996), ‘A New Data Set Measuring Income Inequality’, World Bank Economic Review, 10 (3), September, 565–91

25. Klaus Deininger and Lyn Squire (1998), ‘New Ways of Looking at Old Issues: Inequality and Growth’, Journal of Development Economics, 57 (2), 259–87

26. David Dollar and Aart Kraay (2002), ‘Growth is Good for the Poor’, Journal of Economic Growth, 7 (3), September, 195–225

27. James E. Foster and Miguel Székely (2000), ‘How Good is Growth?’, Asian Development Review, 18 (2), 59–73

28. James E. Foster and Miguel Székely (2008), ‘Is Economic Growth Good for the Poor? Tracking Low Incomes Using General Means’, International Economic Review, 49 (4), November, 1143–72

29. Richard H. Adam, Jnr. (2004), ‘Economic Growth, Inequality and Poverty: Estimating the Growth Elasticity of Poverty’, World Development, 32 (12), December, 1989–2014

30. Nanak Kakwani and Ernesto Pernia (2000), ‘What is Pro-Poor Growth?’, Asian Development Review, 18, 1–16

31. Martin Ravallion and Shoahua Chen (2003), ‘Measuring Pro-Poor Growth’, Economic Letters, 78 (1), January, 93–9

32. Hyun Hwa Son (2004), ‘A Note on Pro-Poor Growth’, Economic Letters, 82 (3), March, 307–14

33. Nanak Kakwani and Hyun Hwa Son (2008), ‘Poverty Equivalent Growth Rate’, Review of Income and Wealth, 54 (4), December, 643–55

34. Aart Kraay (2006), ‘When is Growth Pro-Poor? Evidence from a Panel of Countries’, Journal of Development Economics, 80 (1), June, 198–227

35. Hyun Hwa Son and Nanak Kakwani (2008), ‘Global Estimates of Pro-Poor Growth’, World Development, 36 (6), June, 1048–66

36. Nanak Kakwani (1993), ‘Poverty and Economic Growth: With Applications to Cote d’Ivoire’, Review of Income and Wealth, 39 (2), June, 121–39

37. Nanak Kakwani (2000), ‘On Measuring Growth and Inequality Components of Poverty with Application to Thailand’, Journal of Quantitative Economics, 26 (1), 67–79

38. Gaurav Datt and Martin Ravallion (1992), ‘Growth and Redistribution Components of Changes in Poverty Measures with Applications to Brazil and India in the 1980s’, Journal of Development Economics, 38 (2), April, 275–95

39. Abhijit V. Banerjee and Esther Duflo (2003), ‘ Inequality and Growth: What Can the Data Say?’ Journal of Economic Growth, 8 (3) 267–99

Index