Probing beneath cross-national averages : poverty, inequality, and growth in the Philippines. 6
By: A.M. Balisacan & E.M. Pernia. 4 0 16 [, ] | [, ] |
Contributor(s): 5 6 [] |
Language: Unknown language code Summary language: Unknown language code Original language: Unknown language code Series: ERD Working Paper Series no. 7; Manila : Asian Development Bank, 200246Edition: Description: Content type: text Media type: unmediated Carrier type: volumeISBN: ISSN: 2Other title: 6 []Uniform titles: | | Subject(s): -- 2 -- 0 -- -- | -- 2 -- 0 -- 6 -- | 2 0 -- | -- -- 20 -- | | -- -- Poverty. -- -- 20 -- | -- -- -- 20 -- --Genre/Form: -- 2 -- Additional physical formats: DDC classification: | LOC classification: | | 2Other classification:| Item type | Current location | Home library | Collection | Call number | Status | Date due | Barcode | Item holds |
|---|---|---|---|---|---|---|---|---|
| Book | PLM | PLM Periodicals Section | Periodicals | HC411.As41e (Browse shelf) | Available | PER 1503P |
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ABSTRACT : Recent research employing cross-national regressions shows that the incomes of the poor move one-for-one with overall average incomes, suggesting that economic growth is virtually sufficient for poverty reduction. 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 that 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 as subnational analysis is extended to more countries. For policy purposes, an intracountry examination of the determinants of poverty reduction seems clearly superior to cross-country analysis. 56
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