Growth and Poverty Revisited from a Multidimensional Perspective |
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| Authors: | Maria Emma Santos Carlos Dabus Fernando Delbianco |
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| Affiliation: | 1. Instituto de Investigaciones Económicas y Sociales del Sur (IIES), Departamento de Economía, Universidad Nacional del Sur (UNS) – Consejo Nacional de Investigaciones Científicas y Técnicas (CONICET), Bahía Blanca, Argentina;2. Oxford Poverty and Human Development Initiative, Oxford Department of International Development, University of Oxford, Oxford, UK;3. Consejo Nacional de Investigaciones Científicas y Técnicas (CONICET) y Departamento de Economía, Instituto de Matemática de Bahía Blanca (INMABB), Universidad Nacional del Sur (UNS), Bahía Blanca, Argentina |
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| Abstract: | 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. |
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