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Lumping together democracy and dictatorship: Has macro dynamics of poverty remained steady in Pakistan
Turkish Economic Review
View Archive Info| Field | Value | |
| Title |
Lumping together democracy and dictatorship: Has macro dynamics of poverty remained steady in Pakistan
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| Creator |
MAMOON, Dawood; World Economic Survey Expert Group, Pakistan.
HYAT, Fozia; Punjab Economic Research Institute HASSAN, Shahid; University of Management and Technology |
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| Subject |
Poverty; Macro economy; Capability.
E20; E22; E29. |
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| Description |
Abstract. In this study we check the relationship between macroeconomics variables with poverty. We select head count ratio proxy of poverty as dependent variable and GDP, unemployment rate, literacy rate, rural population and worker remittances as independent variables. For the analysis of the data we take time series data from 1978-2011 and established the long run and short run relationship between dependent and independent variables. First of all we check the normality of the data by descriptive statistics, further we check the stationarity of the data by applying ADF test. For long run relationship between dependent and independent variables we applied FMOLS techniques and relationship in short run checked by EMC methods. Results of the data shows, macroeconomic variables especially literacy rate and rural population have been major factors that affect poverty levels in Pakistan. GDP has a negative and insignificant impact on poverty. Literacy rate is positivly and significantly related with poverty. Worker remittances have negative and significant impact on poverty, while rural population has negative and significant impact on poverty. Unemployment has positive and insignificant impact on poverty in Pakistan.Keywords. Poverty, Macro economy, Capability.JEL. E20, E22, E29.
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| Publisher |
Turkish Economic Review
Turkish Economic Review |
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| Contributor |
—
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| Date |
2018-10-19
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://www.kspjournals.org/index.php/TER/article/view/1714
10.1453/ter.v5i3.1714 |
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| Source |
Turkish Economic Review; Vol 5, No 3 (2018): September; 230-240
Turkish Economic Review; Vol 5, No 3 (2018): September; 230-240 2149-0414 |
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| Language |
eng
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| Relation |
http://www.kspjournals.org/index.php/TER/article/view/1714/1736
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| Rights |
Copyright (c) 2018 Turkish Economic Review
http://creativecommons.org/licenses/by-nc/4.0 |
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