Working paper
Multidimensional poverty and inclusive growth in India: an analysis using growth elasticities and semi-elasticities
- Abstract:
- Post reform India has generated high economic growth, yet progress in income poverty and many other key development outcomes has been modest. This paper primarily examines how inclusive economic growth has been in India between 2005-06 and 2015-16 in reducing multidimensional poverty captured by the global Multidimensional Poverty Index (MPI). We employ a constellation of elasticity and semi-elasticity measures to examine vertical, horizontal as well as dimensional inclusiveness of economic growth. Nationally, we estimate that a one percent annual economic growth in India during our study period is associated with an annual reduction in MPI of 1.34 percent. 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 2005-05 and 2015-16; whereas, other states have been less successful to do so despite faster economic growth during the same period. Our analyses and findings show how these tools may be used in practical applications to measure inclusive growth and inform policy.
- Publication status:
- Published
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(Preview, Version of record, pdf, 1.1MB, Terms of use)
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- Publisher copy:
- 10.1108/s1049-258520210000029007
- Publication website:
- https://ophi.org.uk/wp-137/
Authors
- Publisher:
- Oxford Poverty and Human Development Initiative
- Host title:
- OPHI Working Papers
- Issue:
- 137
- Pages:
- 1-32
- Article number:
- 137
- Series:
- OPHI Working Papers
- Publication date:
- 2021-06-08
- DOI:
- ISSN:
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2040-8188
- Commissioning body:
- International Development
- Paper number:
- 137
- ISBN:
- 9781912291304
- Language:
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English
- Keywords:
- Pubs id:
-
1181224
- Local pid:
-
pubs:1181224
- Deposit date:
-
2021-06-08
- ARK identifier:
Terms of use
- Copyright holder:
- Oxford Poverty and Human Development Initiative
- Copyright date:
- 2021
- Rights statement:
- © Oxford Poverty and Human Development Initiative, 2021.
- Notes:
-
The copyright holder of this publication is Oxford Poverty and Human Development Initiative (OPHI). This publication will be published on OPHI website and will be archived in Oxford University Research Archive (ORA) as a Green Open Access publication. The author may submit this paper to other journals.
This publication is copyright, however it may be reproduced without fee for teaching or non-profit purposes, but not for resale. Formal permission is required for all such uses, and will normally be granted immediately. For copying in any other circumstances, or for re-use in other publications, or for translation or adaptation, prior written permission must be obtained from OPHI and may be subject to a fee.
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