El Nino or El Peso? Crisis, Poverty, and Income Distribution in the Philippines

Using household survey data for 1998, the authors assess the distributional impact of the recent economic crisis in the Philippines. The results suggest that the impact of the crisis was modest, leading to a five percent reduction in average living standards, and a nine percent increase in the incid...

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Bibliographic Details
Main Authors:	Datt, Gaurav, Hoogeveen, Hans
Format:	Policy Research Working Paper
Language:	en_US
Published:	World Bank, Washington, DC 2014
Subjects:	absolute poverty adverse impact agricultural extension agricultural output agricultural sector Agriculture average consumption average incomes capital variables CDF commodities community characteristics consumption levels consumption module consumption modules consumption poverty cross-sectional data cumulative distribution function data analysis data availability data set demographics dependent variable Descriptive statistics devaluation distribution functions distributional data distributional impact downward bias economic growth economic indicators Economic Management economic shocks education level employment exchange rate Expenditure Survey financial crises financial crisis financial institutions forestry functional form growth rates headcount index household characteristics household composition household consumption household head household incomes household labor household level household living standards household members household survey household welfare human capital income income distribution income module income shocks increasing function inequality measures inflation infrastructure capital interest rate interest rates labor market land reform living standard living standards log income mean consumption measurement error National Statistics Office negative coefficient negative effect negative impact negligible difference observed change official estimates per capita consumption per capita income POLICY RESEARCH positive impact poverty gap poverty headcount poverty impact poverty indicator Poverty Indicators poverty line poverty lines poverty measures Poverty Reduction probability sampling proportional impact public assistance public spending random effects Real GNP real terms reducing inequality reform program relative contribution relative contributions sample households secondary data serious implications significant negative social capital social services treasury bills Unemployment Unemployment rates wages
Online Access:	http://hdl.handle.net/10986/19968

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http://hdl.handle.net/10986/19968

El Nino or El Peso? Crisis, Poverty, and Income Distribution in the Philippines

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