Social Overhead Capital and Poverty Alleviation: Panel Data Analysis in the SAARC Countries

Authors

Rana Zafar Hayat Rana Zafar Hayat Corresponding author Email addressitszafarhayat@gmail.com Other articles by this author , Shama Tahir Shama Tahir Other articles by this author , Shan-e-Zahra Shan-e-Zahra Other articles by this author

https://doi.org/10.36923/jcmi.v2i1.461

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Abstract

The present study examines the impact of social overhead capital on reducing poverty in the SAARC countries. It is the poorest region in the world. However, it has the huge material resources that can be utilized to meet the challenges posed by poverty. The study incorporates the panel data for the year from 2000 to 2018 of eight countries of SAARC including Afghanistan, Bhutan, Bangladesh, India, Nepal, Sri-Lanka, Pakistan and Maldives. The study employs the fixed effect model to analyze the impact of infrastructure related variables on poverty. The results report that transportation, telecommunication sector and electricity access have negative impact on poverty. Moreover, gross domestic product, inflation rate are also contributing towards the reduction of poverty. Fertility rate is showing the positive association with the poverty.

Article information

Keywords
Social Overhead Capital, Poverty, Fixed Effect Model, Panel Data Analysis
Section
Articles
Issue
Vol. 2 No. 1 (2021)
Submitted
October 12, 2022
Published
June 30, 2021
Corresponding author
Rana Zafar Hayat
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