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(DP 2001-11) Probing Beneath Cross-National Averages: Poverty, Inequality, and Growth in the Philippines

UPSE Discussion Papers

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Title (DP 2001-11) Probing Beneath Cross-National Averages: Poverty, Inequality, and Growth in the Philippines
 
Creator Balisacan, Arsenio M.
Pernia, Ernesto M.
 
Description Recent research papers employing cross-national regressions report that the incomes of the poor move one-for-one with overall average incomes, suggesting that poverty reduction requires nothing much more than promoting rapid economic growth. This paper attempts to probe beneath cross-country averages by analyzing provincial data on the poverty-growth nexus in the Philippines. The results show that economic growth explains a lot but not all about poverty. The balance which seems fairly large can be accounted for by other factors (e.g. infrastructure, human capital, and location-specific characteristics) and institutions (e.g., political economy and agrarian reform). Thus, while growth is indeed good for the poor, it is not good enough. How much is not good enough is illustrated by this paper and will become clearer still as subnational analysis is etended to more countries. For policy purposes, an intra-country examination of the determinants of poverty reduction seems clearly superior to cross-country analysis.JEL Classification: 132, 015, R11Key words: Welfare, poverty, inequality, economic growth, Philippines
 
Publisher UPSE Discussion Papers
 
Contributor —
 
Date 2010-08-24
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/50
 
Source UPSE Discussion Papers; 2001
 
Language eng
 
Relation http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/50/42