Using an intergenerational database covering nearly a quarter of a century, we explored the degree of intergenerational income mobility among individuals who had grown up in rural Central Luzon, the Philippines. We found that the intergenerational income elasticity is significantly lower than unity, at roughly 0.23, indicating that the average income growth rate is higher for children born to poorer families. The detailed analysis, however, revealed that its magnitude significantly varies across percentiles in a U-shape. The results provide supporting evidence of multiple equilibria or poverty trap.
権利
Copyrights 日本貿易振興機構（ジェトロ）アジア経済研究所 / Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO) http://www.ide.go.jp
雑誌名
IDE Discussion Paper
雑誌名(英)
IDE Discussion Paper
巻
382
発行年
2013-02-01
出版者
Institute of Developing Economies (IDE-JETRO)
著者版フラグ
publisher
日本十進分類法
331.87
JEL分類
JEL:D31 - Personal Income, Wealth, and Their Distributions
JEL:I30 - General
JEL:O12 - Microeconomic Analyses of Economic Development
地域/国名
フィリピン
キーワード(LSH)
Philippines
Poverty
Income distribution
Income
Rural Poverty
Economic Mobility
Pro-poor growth or poverty trap? : estimating intergenerational income mobility in rural Philippines
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