Is poverty an obstacle for economic growth? A dynamic panel data approach
(2014) EKHM52 20141Department of Economic History
- Abstract
- Despite global modern economic growth, most countries remained stuck in persistent poverty. Jeffrey Sachs suggested considering poverty itself as the explanation for persistent levels of poverty and low growth. The theory is based on the existence of poverty traps, which keep families and countries caught in poverty. This research contributes to the poverty trap literature by evaluating the effect that poverty has on growth by means of a dynamic panel data approach. In so doing, we find evidence of a negative effect of poverty on growth. Moreover, this text aims to identify the channels of transmission of such effect by means of a theoretical and empirical analysis.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/4500118
- author
- Kirchner Sala, Laura LU
- supervisor
- organization
- course
- EKHM52 20141
- year
- 2014
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- dynamic panel data, poverty traps, growth, Poverty
- language
- English
- id
- 4500118
- date added to LUP
- 2014-06-26 10:32:49
- date last changed
- 2014-06-26 10:32:49
@misc{4500118, abstract = {{Despite global modern economic growth, most countries remained stuck in persistent poverty. Jeffrey Sachs suggested considering poverty itself as the explanation for persistent levels of poverty and low growth. The theory is based on the existence of poverty traps, which keep families and countries caught in poverty. This research contributes to the poverty trap literature by evaluating the effect that poverty has on growth by means of a dynamic panel data approach. In so doing, we find evidence of a negative effect of poverty on growth. Moreover, this text aims to identify the channels of transmission of such effect by means of a theoretical and empirical analysis.}}, author = {{Kirchner Sala, Laura}}, language = {{eng}}, note = {{Student Paper}}, title = {{Is poverty an obstacle for economic growth? A dynamic panel data approach}}, year = {{2014}}, }