INVESTIGADORES
SANTOS Maria Emma
artículos
Título:
Growth and Poverty Revisited from a Multidimensional Perspective
Autor/es:
MARIA EMMA SANTOS; DABUS, CARLOS; DELBIANCO, FERNANDO
Revista:
OPHI Working Paper
Editorial:
Oxford Poverty and Human Development Initiative
Referencias:
Año: 2016 vol. 105 p. 1 - 1
ISSN:
2040-8188
Resumen:
The actual impact of economic growth on poverty reduction is of fundamental importance to thedevelopment agenda, especially in view of the Sustainable Development Goals. So far, studies havefocused on income poverty. This paper offers new empirical evidence on growth and poverty measuredfrom a multidimensional perspective using the global Multidimensional Poverty Index. Results from afirst difference estimator model suggest that while economic growth reduces multidimensional poverty,this impact is well below a one-to-one relationship. We also find that economic growth has a far biggerimpact on reducing income poverty than on reducing multidimensional poverty. Results from analternative cross-section model also support this result and additionally suggest that countries with higherlevels of exports, a higher share of industry and services in their GDPs, and higher control of corruptionhave lower multidimensional poverty. All in all, the results highlight the need for countries to grow inorder to reduce poverty, but they simultaneously suggest the limited power of economic growth per se toachieve grand reductions in poverty.
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