Exploring the asymmetric effect of internal and external economic factors on poverty: A fresh insight from nonlinear autoregressive distributive lag model
Autor(a) principal: | |
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Data de Publicação: | 2023 |
Outros Autores: | , , , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10071/29394 |
Resumo: | Objective: This study examines the asymmetric impact of both internal (military, education, and health expenditures) and external (trade opening and foreign direct investment) factors that contribute to poverty reduction. Methodology: To find an asymmetric relationship between the proposed variables, we used a non-linear ARDL co-integration approach for the period ranging from 1981-2019. Findings: The findings of the study confirm the asymmetric impact of internal (education, military, health expenditures, quality of governance) and external (foreign direct investment, openness) factors on poverty. The finding confirms that ignoring nonlinear or asymmetric properties of macroeconomic variables may mislead inferences. This study has policy implications for government officials to reduce poverty. Novelty: the economic theory of poverty is studied from different perspectives by using internal and external factors that have direct and indirect effects on poverty. Furthermore, for in-depth analysis, a nonlinear approach is used to determine which factor has a strong contribution to eliminating poverty. |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Exploring the asymmetric effect of internal and external economic factors on poverty: A fresh insight from nonlinear autoregressive distributive lag modelPovertyHealth expenditureGlobalizationQuality of governanceMilitary expendituresNARDLObjective: This study examines the asymmetric impact of both internal (military, education, and health expenditures) and external (trade opening and foreign direct investment) factors that contribute to poverty reduction. Methodology: To find an asymmetric relationship between the proposed variables, we used a non-linear ARDL co-integration approach for the period ranging from 1981-2019. Findings: The findings of the study confirm the asymmetric impact of internal (education, military, health expenditures, quality of governance) and external (foreign direct investment, openness) factors on poverty. The finding confirms that ignoring nonlinear or asymmetric properties of macroeconomic variables may mislead inferences. This study has policy implications for government officials to reduce poverty. Novelty: the economic theory of poverty is studied from different perspectives by using internal and external factors that have direct and indirect effects on poverty. Furthermore, for in-depth analysis, a nonlinear approach is used to determine which factor has a strong contribution to eliminating poverty.Ital Publication2023-10-09T13:55:03Z2023-01-01T00:00:00Z20232023-10-09T14:54:04Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10071/29394eng2610-918210.28991/ESJ-2023-07-03-07Dantas, R. M.Ali, S.Rafiq, M.Martins, J.Abreu, A.Mata, M. N.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:39:20Zoai:repositorio.iscte-iul.pt:10071/29394Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:18:04.406530Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Exploring the asymmetric effect of internal and external economic factors on poverty: A fresh insight from nonlinear autoregressive distributive lag model |
title |
Exploring the asymmetric effect of internal and external economic factors on poverty: A fresh insight from nonlinear autoregressive distributive lag model |
spellingShingle |
Exploring the asymmetric effect of internal and external economic factors on poverty: A fresh insight from nonlinear autoregressive distributive lag model Dantas, R. M. Poverty Health expenditure Globalization Quality of governance Military expenditures NARDL |
title_short |
Exploring the asymmetric effect of internal and external economic factors on poverty: A fresh insight from nonlinear autoregressive distributive lag model |
title_full |
Exploring the asymmetric effect of internal and external economic factors on poverty: A fresh insight from nonlinear autoregressive distributive lag model |
title_fullStr |
Exploring the asymmetric effect of internal and external economic factors on poverty: A fresh insight from nonlinear autoregressive distributive lag model |
title_full_unstemmed |
Exploring the asymmetric effect of internal and external economic factors on poverty: A fresh insight from nonlinear autoregressive distributive lag model |
title_sort |
Exploring the asymmetric effect of internal and external economic factors on poverty: A fresh insight from nonlinear autoregressive distributive lag model |
author |
Dantas, R. M. |
author_facet |
Dantas, R. M. Ali, S. Rafiq, M. Martins, J. Abreu, A. Mata, M. N. |
author_role |
author |
author2 |
Ali, S. Rafiq, M. Martins, J. Abreu, A. Mata, M. N. |
author2_role |
author author author author author |
dc.contributor.author.fl_str_mv |
Dantas, R. M. Ali, S. Rafiq, M. Martins, J. Abreu, A. Mata, M. N. |
dc.subject.por.fl_str_mv |
Poverty Health expenditure Globalization Quality of governance Military expenditures NARDL |
topic |
Poverty Health expenditure Globalization Quality of governance Military expenditures NARDL |
description |
Objective: This study examines the asymmetric impact of both internal (military, education, and health expenditures) and external (trade opening and foreign direct investment) factors that contribute to poverty reduction. Methodology: To find an asymmetric relationship between the proposed variables, we used a non-linear ARDL co-integration approach for the period ranging from 1981-2019. Findings: The findings of the study confirm the asymmetric impact of internal (education, military, health expenditures, quality of governance) and external (foreign direct investment, openness) factors on poverty. The finding confirms that ignoring nonlinear or asymmetric properties of macroeconomic variables may mislead inferences. This study has policy implications for government officials to reduce poverty. Novelty: the economic theory of poverty is studied from different perspectives by using internal and external factors that have direct and indirect effects on poverty. Furthermore, for in-depth analysis, a nonlinear approach is used to determine which factor has a strong contribution to eliminating poverty. |
publishDate |
2023 |
dc.date.none.fl_str_mv |
2023-10-09T13:55:03Z 2023-01-01T00:00:00Z 2023 2023-10-09T14:54:04Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10071/29394 |
url |
http://hdl.handle.net/10071/29394 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
2610-9182 10.28991/ESJ-2023-07-03-07 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Ital Publication |
publisher.none.fl_str_mv |
Ital Publication |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799134739895943168 |