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Exploring Multidimensional Poverty and Microfinance Programmes Impact: Poverty Alleviation In Rural Bangladesh.

Asante, Stella Amoateng LU (2018) NEKN01 20181
Department of Economics
Abstract
This paper examines multidimensional poverty and the effectiveness of microfinance loans in alleviating it using household survey panel data on Bangladesh. Microfinance is an innovative method to financial development of the poor, yet controversial. Several studies investigate this subject matter from a single-dimensional perspective, although, it is generally known that the primary concept of poverty is multidimensional. Hence, this paper extensively contributes to the empirical literature by exploring a multidimensional poverty measure (HMP) using three main dimensions: living standards, education and health. HMP is generated as a binary dependent variable, therefore making maximum likelihood estimation with a logit model approach the... (More)
This paper examines multidimensional poverty and the effectiveness of microfinance loans in alleviating it using household survey panel data on Bangladesh. Microfinance is an innovative method to financial development of the poor, yet controversial. Several studies investigate this subject matter from a single-dimensional perspective, although, it is generally known that the primary concept of poverty is multidimensional. Hence, this paper extensively contributes to the empirical literature by exploring a multidimensional poverty measure (HMP) using three main dimensions: living standards, education and health. HMP is generated as a binary dependent variable, therefore making maximum likelihood estimation with a logit model approach the appropriate estimation technique. The household fixed-effect findings from this study show that microfinance loans are positively insignificant on the odds that poor households in rural Bangladesh escape multidimensional poverty. Nonetheless, there is an enormous impact (2.4380 odds ratio equivalent to about 144%) on living standard deprivation, which comprises of per capita consumption, land and non-land assets: Increase in the probability that poor households will improve living standard conditions after acquiring the small loans. (Less)
Please use this url to cite or link to this publication:
author
Asante, Stella Amoateng LU
supervisor
organization
course
NEKN01 20181
year
type
H1 - Master's Degree (One Year)
subject
keywords
HMP, microfinance, microfinance loans, multidimensional poverty, poverty alleviation
language
English
id
8958696
date added to LUP
2018-09-26 10:44:27
date last changed
2018-09-26 10:44:27
@misc{8958696,
  abstract     = {{This paper examines multidimensional poverty and the effectiveness of microfinance loans in alleviating it using household survey panel data on Bangladesh. Microfinance is an innovative method to financial development of the poor, yet controversial. Several studies investigate this subject matter from a single-dimensional perspective, although, it is generally known that the primary concept of poverty is multidimensional. Hence, this paper extensively contributes to the empirical literature by exploring a multidimensional poverty measure (HMP) using three main dimensions: living standards, education and health. HMP is generated as a binary dependent variable, therefore making maximum likelihood estimation with a logit model approach the appropriate estimation technique. The household fixed-effect findings from this study show that microfinance loans are positively insignificant on the odds that poor households in rural Bangladesh escape multidimensional poverty. Nonetheless, there is an enormous impact (2.4380 odds ratio equivalent to about 144%) on living standard deprivation, which comprises of per capita consumption, land and non-land assets: Increase in the probability that poor households will improve living standard conditions after acquiring the small loans.}},
  author       = {{Asante, Stella Amoateng}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Exploring Multidimensional Poverty and Microfinance Programmes Impact: Poverty Alleviation In Rural Bangladesh.}},
  year         = {{2018}},
}