- A-Z
- Jena Economic Resea...
- Volume 1
- Inspecting the Pove...
- Autor(in)
-
Friedrich-Schiller-Universität Jena. Wirtschaftswissenschaftliche Fakultät
- Erschienen
- 20. Dezember 2007
- Nummer des Discussion-Papers
-
2007-106
- Schlagwort(e)
-
nonlinear growth
poverty traps
quantile regression
- Zusammenfsg.
-
The issue of poverty traps is assessed using quantile regression. For that an augmentation of the usual convergence regressions by quadratic and cubic terms is used with emphasis on curve fitting rather than parameter estimation. The results show that the generic mechanism leading to poverty traps predominantly applies to countries with relatively low levels of income per capita or per worker that simultaneously have low growth rates around and below the lowest quintile of the growth rate distribution. The validity of the results is supported by a nonparametric variant of quantile regression.
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- article research fields JER
- economics
- JEL-Classification for JER
- O1 - Economic Development; O41 - One, Two, and Multisector Growth Models ; C14 - Semiparametric and Nonparametric Methods ; C62 - Existence and Stability Conditions of Equilibrium