posted on 2017-11-06, 07:36authored byMaria Emma Santos, Carlos Dabus, Fernando Delbianco
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.
Funding
This work was supported by Agencia Nacional de Promoción Científica y Tecnológica de Argentina (ANCyT)-Fondo para la Investigación Científica y Tecnológica (FONCyT).