ECONOMETRIC IMPACT OF GOVERNANCE AND TRADE LIBERALIZATION ON POVERTY: A CASE STUDY

Muhammad Shahid, Mehmood Shah, Farhat Parveen, Adiqa Kiyani


DOI: http://dx.doi.org/10.22555/pbr.v19i3.1628

Abstract


Both reformed governance and trade liberalization
reduces poverty while instability of foreign exchange and the
inflation rate causes increase in the poverty. In this study, we
examined governance and liberalisation's effect on poverty
alleviation by using Time Series data. We applied Auto Regressive
Distributive Lag (ARDL) technique to conclude the empirical
results. The econometric study revealed a statistically significant
and negative effect of governance and trade liberalization on
poverty alleviation. This study will assist the government to make
comprehensive policies for poverty alleviation, especially for
Pakistan.


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