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การลดความยากจนและการพัฒนาเศรษฐกิจในกลุ่มประเทศต่างๆ
[Poverty Reduction and Economic Development in various groups of country]

Author

Listed:
  • durongkaveroj, wannaphong
  • osathanunkul, rossarin

Abstract

The purposes of this study were to present the current situation of poverty, economic growth, and economic development for five selected countries in Latin America and to examine the relationship between poverty, economic growth, and economic development through traditional log-linear regression model for panel data analysis. The result from fixed effect model suggested that economic development is more effective and preferable than economic growth in eradicating of poverty. Policy issued aimed at raising citizen's living standard should shed on income, health, and education simultaneously instead of standard improvement in income level only.

Suggested Citation

  • durongkaveroj, wannaphong & osathanunkul, rossarin, 2014. "การลดความยากจนและการพัฒนาเศรษฐกิจในกลุ่มประเทศต่างๆ [Poverty Reduction and Economic Development in various groups of country]," MPRA Paper 54433, University Library of Munich, Germany, revised 05 Feb 2014.
    • Handle: RePEc:pra:mprapa:54433
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    References listed on IDEAS

    as
    1. Shaohua Chen & Martin Ravallion, 2010. "The Developing World is Poorer than We Thought, But No Less Successful in the Fight Against Poverty," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 125(4), pages 1577-1625.
    2. Jana Asher & Beth Osborne Daponte, 2010. "A Hypothetical Cohort Model of Human Development," Human Development Research Papers (2009 to present) HDRP-2010-40, Human Development Report Office (HDRO), United Nations Development Programme (UNDP).
    3. Ravallion, Martin, 2001. "Growth, Inequality and Poverty: Looking Beyond Averages," World Development, Elsevier, vol. 29(11), pages 1803-1815, November.
    4. Squire, Lyn, 1993. "Fighting Poverty," American Economic Review, American Economic Association, vol. 83(2), pages 377-382, May.
    5. Haroon Jamal, 2006. "Does Inequality Matter for Poverty Reduction? Evidence from Pakistan’s Poverty Trends," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 45(3), pages 439-459.
    6. World Bank, 2013. "World Development Indicators 2013," World Bank Publications - Books, The World Bank Group, number 13191.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    economic development; poverty reduction;

    JEL classification:

    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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