Arnoldshain Seminar XV
“The EU and Latin America Facing Globalization”
September 4 – 6, 2017
Vienna


   
Mahoozi, Hosnieh, Justus-Liebig University Giessen, Growth elasticity of monetary and non- monetary poverty: an application to Iran.
There are many evidences that absolute poverty tends to fall during the time of economic growth. However, the sensitivity of the frequency of poverty to economic growth still is a subject of controversy in the poverty and development discourse. In this paper we estimate the economic growth elasticity of monetary, non-monetary and multidimensional poverty for a panel of 28 provinces of Iran from 1998 to 2009. The results demonstrated the low income growth elasticity of poverty, while it seems in our case study, poverty is much more sensitive to the income inequality. The results suggest that changes in inequality are more important for poverty reduction than in income growth. Key words: Growth elasticity of poverty, income inequality, monetary poverty, Multidimensional poverty. JEL: I30, D63