Growth and Poverty Revisited from a Multidimensional Perspective

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

Nueva York

Congreso; V ECINEQ Meeting; 2017

Society for the Study of Economic Inequality

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.