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See detailPoverty, government transfers, and the business cycle: Evidence for the United States
Herzer, D.; Klump, Rainer UL

in Applied Econometrics and International Development (2009), 9(2), 127-147

We examine the impact of government transfers and the business cycle on poverty in the United States in the context of a poverty function that includes the official poverty rate, three types of government ... [more ▼]

We examine the impact of government transfers and the business cycle on poverty in the United States in the context of a poverty function that includes the official poverty rate, three types of government transfers, real wages, the number of female-headed families, and a business cycle variable. Using cointegration techniques, we find - contrary to most previous studies - that government transfer programs play an important poverty-reducing role. In addition, the findings suggest that the business cycle is one of the key variables in explaining poverty in the US. Furthermore, the empirical results show that the size and composition of public transfer payments change over the business cycle. We also find poverty to have a significant effect on government transfers, the business cycle, and the structure of households. [less ▲]

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See detailRelative Effect of Public and Private Investment on Côte d'Ivoire's Economic Performance
Aka, Bedia François UL

in Applied Econometrics and International Development (2007), 7(1), 149-156

This paper investigates the impact of public and private investment on Côte d’Ivoire’s economic performance (GDP growth) over the period 1969-2001, using an autoregressive-distributed lag (ARDL) Error ... [more ▼]

This paper investigates the impact of public and private investment on Côte d’Ivoire’s economic performance (GDP growth) over the period 1969-2001, using an autoregressive-distributed lag (ARDL) Error Correction Model (ECM). The results shows that in the short run an increase in private investment by 1% enhance economic growth by 28%, while a 1% increase in public investment leads to only 7% increase in real GDP. In the long run nevertheless the impact of public investment on GDP growth has been higher than private investment, a 1% increase in private investment leads to 25% increase in GDP, while public investment impacts growth by 37%. On the other hand, a 1% increase in employment leads to 38% increase in long run GDP growth. The main findings indicate that while the short run efficiency of public capital can be further improved in Côte d’Ivoire, in the same time the efficiency of private investment can be improved in the long run. [less ▲]

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