Corruption – Poverty Nexus: Evidence from Panel ARDL Approach for SAARC Countries

Vinayagathasan, Thanabalasingam; Ramesh, R.

doi:10.1177/20578911211069496

Cited by 6 publications

(6 citation statements)

References 60 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Adeleye, Adedoyin, and Nathaniel (2020) and Adeleye, Gershon, et al (2020) discussed the linkage between growth, poverty and inequality. The study found that the growth rate contributes significantly to poverty alleviation in the region the same with (Vinayagathasan & Ramesh, 2022). Mansi et al (2020) found that economic growth significantly negatively impacts EU and Western Balkan poverty.…”

Section: Economic Growth and Poverty Nexusmentioning

confidence: 73%

Unraveling the intricate relationship between unemployment, population, and poverty in Sub‐Saharan Africa: Does quality of life matter?

Zaman

Onwe

Jena

et al. 2023

Sustainable Development

View full text Add to dashboard Cite

The study aims to address poverty eradication efforts globally and promote sustainable development goals (viz., SDGs 1 and 8), specifically focusing on improving quality of life, population optimization, job creation, and economic growth. The research investigates the increasing poverty rates in Sub‐Saharan Africa and analyses the role of population, unemployment, and quality of life in 18 selected countries from 2002 to 2019. The study employs the novel panel quantile autoregressive distributed lag method (PQARDL) developed by Chishti and Retish (2023) to address complex econometric challenges. The findings indicate that unemployment significantly contributes to short‐ and long‐term poverty across all market situations (bearish, normal, and bullish). Conversely, population growth significantly discourages poverty across African economies in the short and long term. These effects are observed in the case of remittances and GDP. Interestingly, the impact of infant mortality and life expectancy on poverty remains insignificant in the short term. Still, life expectancy discourages poverty in the long term, while infant mortality increases poverty in bearish, normal, and bullish market situations. As a result, unemployment and population growth are important factors determining poverty in Sub‐Saharan Africa. The study discusses policy directions based on these findings to address poverty effectively.

show abstract

Section: Economic Growth and Poverty Nexusmentioning

confidence: 73%

Unraveling the intricate relationship between unemployment, population, and poverty in Sub‐Saharan Africa: Does quality of life matter?

Zaman

Onwe

Jena

et al. 2023

Sustainable Development

View full text Add to dashboard Cite

show abstract

“…The autoregressive distributed lags (ARDL) model is considered as one of the most desired second-generation heterogeneous panel data estimators that have been applied to many cointegration analysis. For instance, Pradhan and Bagchi (2012) examined expenditure-GDP nexus in seven SAARC countries, Vinayagathasan and Ramesh (2022) investigates Corruption-Poverty nexus also of SAARC countries, Ismail (2017) analyzed military expenditure and economic growth relation in South Asian countries, etc. In line with M.…”

Section: Methodology and Datamentioning

confidence: 99%

Global Outward Foreign Direct Investment and Economic Growth Across Income Groups: The Mediating Effect of Home Country Institutions

Osabuohien-Irabor

Drapkin

2023

Sage Open

View full text Add to dashboard Cite

Although some empirical studies have examined the direct impact of outward foreign direct investment (outward FDI) on economic growth, but the indirect role play by home country institutions in outward FDI-induced economic growth remain unexplored. To cover this research gap, this study examines the impact of outward FDI on economic growth mediated by home country institutions in global panel of 161 economies, divided into World Bank income clusters such as high, upper-middle, lower-middle, and low-income economies for the period 1998 to 2019. For empirical analysis, this study utilized the Cross-Sectionally Augmented ARDL (CS-ARDL) and the Common Correlated Effect Mean Group (CCEMG) techniques robust to numerous econometric problems. In low-income countries, results indicate that outward FDI internationalization activities have adverse effect on economic growth, and the impact of home country institutions in stimulating outward FDI-induced growth appears weak both in the short term and long-term. In the case of high income, upper-middle income and lower-middle income countries, finding highlights that the joint impact of outward FDI and home country institutions stimulate higher economic growth and accelerate economic integration into the global economy. These impacts were found to diminish moving from high to low-income countries, which suggests that home country institutional development and income economy level matters for outward FDI-induced growth effects. The study also discusses key implications for policy.

show abstract

“…Different from studies that establish a bidirectional or unidirectional causality between inflation and poverty, there are few other research efforts that find no causal relationship. Vinayagathasan and Ramesh (2022) report evidence of no causality between inflation and poverty in a panel analysis of eight South Asian countries, covering the 1996-2019 period. Similar results are obtained in a study by Sehrawat and Giri (2018) in India over the period of 1970-2015.…”

Section: Empirical Evidencementioning

confidence: 99%

“…Meanwhile, the research outcomes of the existing research are mixed and inconclusive (Olaniyi et al. , 2023b; Vinayagathasan and Ramesh, 2022; Inegbedion and Obadiaru, 2022; Rizki and Solihati, 2022; Gyeke-Dako et al ., 2022; Sari and Rofiuddin, 2022; Sani and Yahaya, 2021; Sehrawat and Giri, 2018; Yolanda, 2017; Hassan et al. , 2016; Shrestha and Chaudhary, 2012).…”

Section: Literature Reviewmentioning

confidence: 99%

Inflation-poverty causal nexus in sub-Saharan African countries: an asymmetric panel causality approach

Olaniyi,

Odhiambo

2024

ITPD

View full text Add to dashboard Cite

PurposeThis study examines the roles of cross-sectional dependence, asymmetric structure and country-to-country policy variations in the inflation-poverty reduction causal nexus in selected sub-Saharan African (SSA) countries from 1981 to 2019.Design/methodology/approachTo account for cross-sectional dependence, heterogeneity and policy variations across countries in the inflation-poverty reduction causal nexus, this study uses robust Hatemi-J data decomposition procedures and a battery of second-generation techniques. These techniques include cross-sectional dependency tests, panel unit root tests, slope homogeneity tests and the Dumitrescu-Hurlin panel Granger non-causality approach.FindingsUnlike existing studies, the panel and country-specific findings exhibit several dimensions of asymmetric causality in the inflation-poverty nexus. Positive inflationary shocks Granger-causes poverty reduction through investment and employment opportunities that benefit the impoverished in SSA. These findings align with country-specific analyses of Botswana, Cameroon, Gabon, Mauritania, South Africa and Togo. Also, a decline in poverty causes inflation to increase in the Congo Republic, Madagascar, Nigeria, Senegal and Togo. All panel and country-specific analyses reveal at least one dimension of asymmetric causality or another.Practical implicationsAll stakeholders and policymakers must pay adequate attention to issues of asymmetric structures, nonlinearities and country-to-country policy variations to address country-specific issues and the socioeconomic problems in the probable causal nexus between the high incidence of extreme poverty and double-digit inflation rates in most SSA countries.Originality/valueStudies on the inflation-poverty nexus are not uncommon in economic literature. Most existing studies focus on inflation’s effect on poverty. Existing studies that examine the inflation-poverty causal relationship covertly assume no asymmetric structure and nonlinearity. Also, the issues of cross-sectional dependence and heterogeneity are unexplored in the causal link in existing studies. All panel studies covertly impose homogeneous policies on countries in the causality. This study relaxes this supposition by allowing policies to vary across countries in the panel framework. Thus, this study makes three-dimensional contributions to increasing understanding of the inflation-poverty nexus.

show abstract

Corruption – Poverty Nexus: Evidence from Panel ARDL Approach for SAARC Countries

Cited by 6 publications

References 60 publications

Unraveling the intricate relationship between unemployment, population, and poverty in Sub‐Saharan Africa: Does quality of life matter?

Unraveling the intricate relationship between unemployment, population, and poverty in Sub‐Saharan Africa: Does quality of life matter?

Global Outward Foreign Direct Investment and Economic Growth Across Income Groups: The Mediating Effect of Home Country Institutions

Inflation-poverty causal nexus in sub-Saharan African countries: an asymmetric panel causality approach

Contact Info

Product

Resources

About