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Poverty, Inflation and Economic Growth: Empirical Evidence from PakistanMuhammad Irfan ChaniNational College of Business Administration and Economics (NCBA&E) - Department of Economics Zahid PervaizNational College of Business Administration and Economics(NCBA&E) Sajjad Ahmad Janaffiliation not provided to SSRN Amjad Aliaffiliation not provided to SSRN Amatul R. Chaudharyaffiliation not provided to SSRN september 30, 2011 World Applied Sciences Journal, Vol. 14, No. 7, pp. 1058-1063, 2011 Abstract: This study aims to investigate the role of economic growth and inflation in explaining the prevalence of poverty in Pakistan. ARDL bound testing approach to co-integration confirms the existence of long run relationship among the variables of poverty, economic growth, inflation, investment and trade openness over the period of 1972-2008. Empirical results show that economic growth and investment have negative and inflation has positive impact on poverty. The effect of trade openness on poverty is insignificant in this study. The short run analysis reveals that economic growth has negative and inflation has positive impact on poverty whereas the role of investment and trade openness in poverty reduction in short run is not significant.
Number of Pages in PDF File: 5 Keywords: Poverty, Inflation, Economic Grovvth, Pakistan, Macroeconomic Policy, Welfare, Trade Openness JEL Classification: I30, C32, F41 Accepted Paper SeriesDate posted: October 31, 2011Suggested CitationContact Information
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