Industry Matters for Poverty: A Critique of Agricultural Fundamentalism
利用跨国绝对贫困数据,发现贫困与增长的关系存在区域和部门差异:东亚地区工业增长对减贫作用最强,而其他地区工业增长对减贫影响甚微。
Summary We use a recently constructed cross‐country data set on absolute poverty to examine whether there is regional and sectoral variation in the relationship between poverty and economic growth. We find that the poverty‐growth linkage is strongest in East Asia and that this linkage is essentially driven by growth in the industrial sector. By contrast, industrial growth has had little positive impact on poverty reduction in any other region. These findings are consistent with the notion that East Asia's greater success in poverty reduction lies in its greater openness and market orientation, which created a pattern of labor‐intensive industrial growth that led to a rapid growth in employment and poverty reduction.