Income Distribution Commons^™

Linking Economic Development And Poverty: The Role Of Innovation And Innovation Capacity In The South, Jeremy Hall

University of Kentucky Center for Poverty Research Discussion Paper Series

While most economic development research views poverty as a sign of need for development or poverty reduction as an outcome of successful development, this study treats poverty as an independent variable alongside contemporary measures of innovation capacity that reflect state potential for economic development, examining the combined impact of poverty and innovation capacity on economic development outcomes. The study examines the effect poverty has on economic development outcomes given levels of innovation capacity, and the effect poverty has on formation of state innovation capacity. The methodology consists of pooled cross-sectional time-series analysis with panel corrected standard errors with lags. The …