Growth, income distribution and poverty in the year 2000
| dc.contributor.advisor | Mangahas, Mahar | |
| dc.contributor.author | Barlis, Mindanilla B. | |
| dc.date.accessioned | 2024-09-24T03:16:51Z | |
| dc.date.available | 2024-09-24T03:16:51Z | |
| dc.date.issued | 1981-04 | |
| dc.description.abstract | This study presents an approach whereby income distribution of the Philippines can be projected in the year 2000 and the magnitude of poverty estimated, so that policy recommendations addressing poverty reduction may be stated in quantifiable objectives. In the absence of a model that would predict income distribution from given changes in production structure, this study draws on Simon Kuznets' hypothesis that income distribution gets worse before it gets better in the course of development. One of the several cross-country studies quantifying Kuznets' hypothesis was taken to be indicative of the general relationship associating a level of development (as measured by per capita GNP) with a level of income inequality. This general trendline has an inverted U-shape. Although there were several countries which deviated from this trendline, the Philippine case was shown not to have deviated much from this line for the five years when income distribution data for the country were available - 1957, 1961, 1965, 1971, 1975. Up to 1975, the Philippine case is found at that point wherein income inequality is still on the uptrend. GNP per capita levels were then projected to the year 2000 using alternative growth rates so that these alternative levels of development can be traced against the general trendline and the corresponding income inequality levels can be read off from the chart. Assuming that the size distribution of income follows a lognormal distribution, Philippine income distributions were projected corresponding to each alternative GNP growth rate assumption. The underlying assumption in this study is that the resulting income distributions are attributable mainly to growth in GNP per capita and implies that there are no drastic changes in the production structure of the present to the year 2000. The resulting income distribution projections were used to demonstrate how the magnitude of poverty can be quantified (and associated directly with economic growth) by using several poverty threshold lines or norms. | |
| dc.identifier.uri | https://selib.upd.edu.ph/etdir/handle/123456789/412 | |
| dc.language.iso | en | |
| dc.title | Growth, income distribution and poverty in the year 2000 | |
| dc.type | Thesis |