A Multidimensional Approach to the Inclusiveness of economic Growth in the New Member States

Monica Răileanu Szeles ()

Journal for Economic Forecasting, 2014, issue 2, 5-24

Abstract: This paper aims to analyze the responsiveness of different dimensions of multidimensional poverty to economic growth in the New Member States, from 2000 to 2011. The inclusiveness of economic growth is analyzed by a set of growth elasticity to different poverty measures. The common determinants of inequality, income poverty, material poverty and subjective poverty are comparatively examined using GMM panel regression models; the relationship between the poverty measures, inequality and economic growth is studied by random effects panel regressions. The results reveal a high heterogeneity within the NMS area. The subjective poverty has not an objective basis, and targeting different aspects of multidimensional poverty could generate undesirable effects for the other dimensions of poverty.

Keywords: inclusive economic growth; multidimensional poverty; New Member States (search for similar items in EconPapers)
JEL-codes: I32 O11 O47 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rjr:romjef:v::y:2014:i:2:p:5-24

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