Growth and Poverty Revisited from a Multidimensional Perspective

SANTOS, MARIA EMMA; DABUS, CARLOS; DELBIANCO, FERNANDO

The Journal of Development Studies

Taylor and Francis

Lugar: Londres; Año: 2019 vol. 55 p. 260 - 277

0022-0388

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 multi- dimensional 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.