EconPapers    
Economics at your fingertips  
 

Multidimensional Poverty and Inclusive Growth in India: An Analysis Using Growth Elasticities and Semi-elasticities

Suman Seth and Sabina Alkire

A chapter in Research on Economic Inequality: Poverty, Inequality and Shocks, 2021, vol. 29, pp 105-137 from Emerald Group Publishing Limited

Abstract: Post reform India has generated high economic growth, yet progress in income poverty and many other key development outcomes has been modest. This chapter primarily examines how inclusive economic growth has been in India between 2005–2006 and 2015–2016 in reducing multidimensional poverty captured by the global multidimensional poverty index (MPI). The authors employ a constellation of elasticity and semi-elasticity measures to examine vertical, horizontal as well as dimensional inclusiveness of economic growth. Nationally, the authors estimate that a 1% annual economic growth in India during their study period is associated with an annual reduction in MPI of 1.34%. The association of the national growth to state poverty reduction (horizontal inclusiveness) is, however, not uniform. Some states have been successful in reducing poverty faster than the national average despite slower economic growth between 2005–2005 and 2015–2016; whereas, other states have been less successful to do so despite faster economic growth during the same period. The authors’ analyses and findings show how these tools may be used in practical applications to measure inclusive growth and inform policy.

Keywords: Multidimensional poverty; MPI; economic growth; poverty in India; growth elasticity; inclusive growth; I3; I32; O1; O5; O53 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... 9-258520210000029007
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:reinzz:s1049-258520210000029007

DOI: 10.1108/S1049-258520210000029007

Access Statistics for this chapter

More chapters in Research on Economic Inequality from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support (feeds@emerald.com).

 
Page updated 2024-12-30
Handle: RePEc:eme:reinzz:s1049-258520210000029007