ISSN:
1435-8131
Keywords:
JEL classification:O10,O17
;
Key words:Institutional Quality, Poverty, Lorenz Curves, Headcount Index, FGT Measures.
Source:
Springer Online Journal Archives 1860-2000
Topics:
Economics
Notes:
Abstract. We provide cross-country empirical evidence on the link between measures of institutional development and of poverty over the period 1960-1990. We find that the more efficient the institutions, the lower the degree, severity, and incidence of poverty. We provide both ordinary least squares and two-stages least squares estimates, and show that our results are robust for an overall measure of institutional development as well as for an index of risk of expropriation and quality of the bureaucracy.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/s101010050002
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