The Devil is in the Detail

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Tác giả: Fabio Clementi

Ngôn ngữ: eng

Ký hiệu phân loại: 235.4 Devils (Demons)

Thông tin xuất bản: Oxford University Press, 2020

Mô tả vật lý:

Bộ sưu tập: Tài liệu truy cập mở

ID: 227500

The present paper, starting from evidence of low growth-to-poverty elasticity characterizing Africa, purports to identify the distributional changes that limited the pro-poor impact of the last two decades' growth. Distributional changes that went undetected by standard inequality measures were not showing a clear pattern of inequality on the continent. By applying a new decomposition technique based on a non-parametric method-the 'relative distribution'-we found a clear distributional pattern affecting almost all analysed countries. Nineteen out twenty four countries experienced a significant increase in polarization, particularly in the lower tail of the distribution, and this distributional change lowered the pro-poor impact of growth substantially. Without this unfavorable redistribution, poverty could have decreased in these countries by an additional five percentage points.
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