Affiliation:
1. Department of Economics Haramaya University Dire Dawa Ethiopia
2. Department of Economics Addis Ababa University Addis Ababa Ethiopia
Abstract
AbstractSub‐Saharan African (SSA) countries have registered outstanding economic growth in recent decades. However, poverty is still pervasive, deep, and severe in the region. This paper aims to analyze the impact of the recent economic growth on poverty reduction in 27 SSA countries using a new dynamic panel data set. Adopting System GMM estimation, this study found that economic growth has been associated with poverty reduction. Also, the previous level of poverty had an intense impact on the prevalent poverty status in the region. Moreover, although nonmonetary measures and income measures of poverty produce similar results (showing a reduction in poverty), nonincome poverty, especially destitution data, suggest that SSA countries are poorer even than previously understood. We suggest that SSA countries should promote a policy of income‐enhancing (i.e., economic growth) to ramp up poverty reduction.
Subject
Sociology and Political Science
Cited by
2 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献