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Is poverty an obstacle for economic growth? A dynamic panel data approach

Kirchner Sala, Laura LU (2014) EKHM52 20141
Department 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.
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author
Kirchner Sala, Laura LU
supervisor
organization
course
EKHM52 20141
year
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},
  keyword      = {dynamic panel data,poverty traps,growth,Poverty},
  language     = {eng},
  note         = {Student Paper},
  title        = {Is poverty an obstacle for economic growth? A dynamic panel data approach},
  year         = {2014},
}