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An Empirical Study on the Nexus of Poverty, GDP Growth, Dependency Ratio and Employ ment in Developing Countries

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dc.contributor.author Vijayakumar, S.
dc.date.accessioned 2021-11-30T06:20:56Z
dc.date.accessioned 2022-06-27T05:13:56Z
dc.date.available 2021-11-30T06:20:56Z
dc.date.available 2022-06-27T05:13:56Z
dc.date.issued 2013
dc.identifier.uri http://repo.lib.jfn.ac.lk/ujrr/handle/123456789/4320
dc.description.abstract The paper has scrutinized the nexus among poverty, economic growth, employment and de pendency ratio in developing countries. The primary intension behind this study is to find out the association between variables such as poverty, economic growth, agricultural and industrial employment and dependency ratio due to the gap in the existing literature. This study fully relies on cross country data and involves forty one countries which have been selected from Asia, Latin America and Sub-Saharan Africa. For this study, OLS method, correlation and economet ric tools have been employed. Two models employed in the analysis are goodness of fit because both p-value and F-statistics in the models are less than 5%. The results bring to light the fact that age dependency ratio has had a tremendous impact on poverty and poverty has had a rela tively very high impact on the age dependency ratio. Even though Industrial employment has a negative association with poverty incidence, it does not have a significant impact on poverty. The finding that economic growth, poverty and industrial employment significantly affect the age dependency ratio in model two is practicable and consistent with economic theories. Thus stable economic growth with an increase in labour productivity and labour intensive technology is an active remedy for solving this problem. en_US
dc.language.iso en en_US
dc.publisher Journal of Competitiveness en_US
dc.subject Economic growth en_US
dc.subject Poverty incidence en_US
dc.subject Dependency ratio en_US
dc.subject Employment en_US
dc.subject Trickling down en_US
dc.subject Asia en_US
dc.subject Sub Saharan Africa en_US
dc.title An Empirical Study on the Nexus of Poverty, GDP Growth, Dependency Ratio and Employ ment in Developing Countries en_US
dc.type Article en_US


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