The Composition of Growth Matters for Poverty Alleviation PDF Download
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Author: Norman Loayza
Publisher: World Bank Publications
ISBN:
Category : Developing countries
Languages : en
Pages : 38
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Book Description
This paper contributes to explain the cross-country heterogeneity of the poverty response to changes in economic growth. It does so by focusing on the structure of output growth. The paper presents a two-sector theoretical model that clarifies the mechanism through which the sectoral composition of growth and associated labor intensity can affect workers' wages and, thus, poverty alleviation. Then in presents cross-country empirical evidence that analyzes first, the differential poverty-reducing impact of sectoral growth at various levels of disaggregation, and the role of unskilled labor intensity in such differential impact. The paper finds evidence that not only the size of economic growth but also its composition matters for poverty alleviation, with the largest contributuons from labor-intensive sectors (such as agriculture, construction, and manufacturing). The results are robust to the influence of outliers, alternative explanations, and various poverty measures.
Author: Norman Loayza
Publisher: World Bank Publications
ISBN:
Category : Developing countries
Languages : en
Pages : 38
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Book Description
This paper contributes to explain the cross-country heterogeneity of the poverty response to changes in economic growth. It does so by focusing on the structure of output growth. The paper presents a two-sector theoretical model that clarifies the mechanism through which the sectoral composition of growth and associated labor intensity can affect workers' wages and, thus, poverty alleviation. Then in presents cross-country empirical evidence that analyzes first, the differential poverty-reducing impact of sectoral growth at various levels of disaggregation, and the role of unskilled labor intensity in such differential impact. The paper finds evidence that not only the size of economic growth but also its composition matters for poverty alleviation, with the largest contributuons from labor-intensive sectors (such as agriculture, construction, and manufacturing). The results are robust to the influence of outliers, alternative explanations, and various poverty measures.
Author: Mario Pianta
Publisher: Routledge
ISBN: 1134629273
Category : Business & Economics
Languages : en
Pages : 241
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Book Description
The diffusion of information and communication technologies is rapidly changing the structure of advanced economies, and fear of mass technological unemployment has emerged. This book addresses this controversy.
Author: Horst Siebert
Publisher:
ISBN:
Category : Unemployment
Languages : en
Pages : 20
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Book Description
Author: Catalina Gutierrez
Publisher: World Bank Publications
ISBN:
Category : Banks and Banking Reform
Languages : en
Pages : 46
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Book Description
Abstract: This paper analyzes how the employment/productivity profile of growth and its sectoral pattern are correlated with poverty reduction. The authors use a sample of 104 short-run growth spells in developing countries, between 1980 and 2001. They also identify some conditions of the labor market and the economic environment that are associated with employment-intensive growth or specific sectoral growth. The results show that, in the short run, although the aggregate employment-rate intensity of growth does not matter for poverty reduction any more than the aggregate productivity intensity of growth, the sectoral pattern of employment growth and productivity growth is important. Employment-intensive growth in the secondary sector is associated with decreases in poverty, while employment-intensive growth in agriculture is correlated with poverty increases. Similarly, productivity-intensive growth in agriculture is associated with decreases in poverty. Although the study does not address causality, coincidence of these phenomena in this large sample of heterogeneous countries and periods suggests that, in the short run, the sectoral productivity and employment pattern of growth may have important implications for poverty alleviation. Therefore, policies for reducing poverty should not overlook the sectoral productivity and employment implications of different growth policies.
Author: DIANE Publishing Company
Publisher: DIANE Publishing
ISBN: 0788123297
Category :
Languages : en
Pages : 169
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Book Description
This White Paper sets out to foster debate & to assist decision-making -- at centralized, national or Comunity level -- so as to lay the foundations for sustainable development of the European economies, thereby enabling them to withstand international competition while creating the millions of jobs that are needed. Describes the challenges & conditions of growth, competitiveness, & employment in a macroeconomic framework. Maps, charts, tables & graphs.
Author: Indermit Singh Gill
Publisher: World Bank Publications
ISBN: 0821351117
Category : Business & Economics
Languages : en
Pages : 300
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Book Description
Despite success in other areas of economic reform over the past ten years, Argentina, Brazil, and Chile continue to face significant labour policy issues. This volume contains a number of papers which discuss these regional issues with a focus on the period 1995-98. Many of the papers have been co-authored by leading labour economists and are based on work sponsored by the World Bank. The book also includes an introductory chapter which summarises labour market reforms in Latin America since the late 1980's, as well as a concluding chapter which analyses the main results and policy implications for the region.
Author: Hideyuki Adachi
Publisher: World Scientific
ISBN: 9814619590
Category : Business & Economics
Languages : en
Pages : 350
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Book Description
This unique volume consists of studies on medium-run macroeconomics that deal with aggregate economic issues that do not easily fit into either short-run business cycles or long-term growth. This research area has emerged over last decade as a new and distinct field, and needs further explorations.The book includes theoretical as well as empirical studies that cover topics related to medium-run phenomena, such as ‘growth and fluctuations’, ‘wages and unemployment’, ‘financial instabilities’, ‘ firm size distributions and unbalanced growth’, ‘income inequality’, etc.. Every chapter includes new approach or new findings and will be invaluable to developments in this emerging area of research.
Author: George Argyrous
Publisher: Routledge
ISBN: 131746933X
Category : Business & Economics
Languages : en
Pages : 383
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Book Description
Growth, Distribution, and Effective Demand presents original essays on a variety of topics in theoretical and applied economics. The book honors the work of Edward J. Nell and develops interconnected themes that run through the modern Post-Keynesian tradition. The first part deals with the fundamental idea that economic growth is demand-driven, with special attention to policy ramifications. The second theme concerns the connection between economic growth and the structural characteristics of a market economy. These issues are closely linked to a critical tradition that calls into question key elements in orthodox economics. The final part of the book aims to buttress non-orthodox approaches to growth and distribution by critiquing particular aspects of the conventional theory, by elaborating neglected themes in non-orthodox theory, or by exploring some overlooked methodological ideas.
Author: Peter Skott
Publisher: Cambridge University Press
ISBN: 9780521365963
Category : Business & Economics
Languages : en
Pages : 194
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Book Description
All capitalist economies experience fluctuations in employment and economic activity around a long-term growth rate. How is this cyclical pattern of growth to be explained? Are the causes of fluctuations in output and employment to be found outside the system or are they intrinsic to the system? Will the long-term growth rate correspond to the growth of the labour force? It is the search for answers to these questions which motivates Peter Skott's analysis.
Author: Ravi Kanbur
Publisher: Taylor & Francis
ISBN: 1135969388
Category : Business & Economics
Languages : en
Pages : 586
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Book Description
As developing and transition economies enter the next phase of reforms, labor market issues increasingly come to the fore. With the increased competition from globalization, the discussion is shifting to the need for greater labor market flexibility and the creation of "good" jobs. Moreover, the greater actual and perceived insecurity in labor markets has generated a new agenda on how to structure safety nets and labor market regulation. The older questions of the links between the formal and informal labor market, reappear with new dimensions and significance. More generally, it is clear that an accurate understanding of how labor market structures function is essential if we are to analyze alternative policy proposals in the wake of these concerns. Oddly enough, in spite of this great importance, there are no recent monographs that bring together rigorous studies produced by academic researchers on these various issues. This book fills that gap. Under the steely editorship of Ravi Kanbur and Jan Svejnar, the contributors flourish in their attempts to enliven these debates.
