Determinants of Poverty in Pakistan
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Date
2017
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Publisher
UMT, Lahore
Abstract
The aim of this study is to access and understand the impact of different variables on poverty in Pakistan. The data used for this purpose is from 1982 to 2015 which shows both positive and negative relationships of all independent variables with poverty in Pakistan. The application of ARDL approach shows that political stability has a negative relationship with poverty whereas education expenditure, investment or FDI and foreign remittances have a positive relationship with poverty. This study also shows that the level of poverty in rural areas is very high as compared to the urban areas because of numerous reasons. The results of this study can be helpful to understand the different dynamics of poverty in the country and for the formation of a policy which can reduce the state of poverty in Pakistan.