Multidimensional poverty in Latin America and the Caribbean: new evidence from the Gallup World Poll |
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Authors: | Leonardo Gasparini Walter Sosa-Escudero Mariana Marchionni Sergio Olivieri |
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Institution: | 1. CEDLAS, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata, Calle 6 e/47 y 48, 5to. Piso, Oficina 516, (1900), La Plata, Argentina 2. Universidad de San Andrés (UdeSA) and CEDLAS, Calle 6 e/47 y 48, 5to. Piso, Oficina 516, (1900), La Plata, Argentina
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Abstract: | This paper studies poverty in Latin America and the Caribbean from a multidimensional perspective, exploiting the Gallup World Poll, a survey that provides a unique opportunity to perform intercountry comparisons. By applying factor analysis we find that welfare can be appropriately summarized by three dimensions: income, subjective welfare and “basic needs”. Another finding is that the US$ 1 line appears to be a reasonable cut-off value to measure food deprivation. |
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