Growth and Poverty Revisited from a Multidimensional Perspective

The actual impact of economic growth on poverty reduction is of fundamental importance to the development agenda. This paper offers new empirical evidence on growth and poverty measured from a multidimensional perspective using the global Multidimensional Poverty Index. Results from a First Differen...

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Bibliographic Details
Published in:The Journal of development studies 2019-02, Vol.55 (2), p.260-277
Main Authors: Santos, Maria Emma, Dabus, Carlos, Delbianco, Fernando
Format: Article
Language:English
Subjects:
Corruption
Economic growth
Economic models
Exports
Income
Poverty
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Summary:The actual impact of economic growth on poverty reduction is of fundamental importance to the development agenda. This paper offers new empirical evidence on growth and poverty measured from a multidimensional perspective using the global Multidimensional Poverty Index. Results from a First Difference Estimator Model suggest that while economic growth reduces multidimensional poverty, this impact is well below a one-to-one relationship and lower than the impact of growth on income poverty. Results from a cross-section model additionally suggest that countries with higher levels of exports, higher share of industry and services and higher control of corruption have lower multidimensional poverty.
ISSN:0022-0388
1743-9140
DOI:10.1080/00220388.2017.1393520