(DP 2018-04) Federalism and Inclusion in Developing Economies
UPSE Discussion Papers
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Title |
(DP 2018-04) Federalism and Inclusion in Developing Economies
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Creator |
Fabella, Raul V
Daway-Ducanes, Sarah Lynne S |
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Subject |
federalism; poverty; inequality
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Description |
(Revised, 12 September 2018)Using two-step system-GMM on a panel data of 105 economies over the period 1987-2016, we present formal statistical evidence that Federalism is a strong predictor of greater income inequality in developing economies. It is also a strong predictor of higher poverty incidence and poverty severity on average for all countries. Federalism does not predict lower poverty incidence and severity in developing countries. Thus for a developing economy such as the Philippines, Federalism appears to be a leap from the frying pan into the fire of even greater income inequality and poverty incidence.JEL Classification: D3, I3, O1
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Publisher |
UPSE Discussion Papers
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Contributor |
—
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Date |
2018-09-10
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/1517
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Source |
UPSE Discussion Papers; 2018 Discussion Papers
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Language |
eng
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Relation |
http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/1517/995
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