Growth and Poverty Revisited from a Multidimensional Perspective

SANTOS, MARIA EMMA; DELBIANCO, FERNANDO ANDRÉS; DABÚS, CARLOS

Journal of Development Studies

Frank Cass Publishers

Año: 2019

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 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.