{"title":"印度金融发展、经济增长与减贫:一个经验证据","authors":"M. Alam, Md. Shabbir Alam","doi":"10.15408/ETK.V20I1.18417","DOIUrl":null,"url":null,"abstract":"The paper examines the response of poverty reduction based on financial development and economic growth in India. The ARDL and ECM based model techniques analyze the long-run and short-run relationship among the variables in the model. The long-run estimates depict that financial development and economic growth have not significantly impacted poverty reduction and, on the other hand, resulted in injecting inequality and becoming attended to wealthier sections of the society. The short-run estimates show that financial development and economic growth have successfully tried to reduce poverty in India. The results flash a long-run nature of poverty in India and need to designs and formulations of policies that should be instrumental in reducing poverty. Impulse Response Functions' application indicates that poverty reduction will act as a catalyst for further poverty reduction in India . JEL Classification: I32, B26, O40, R15 How to Cite: Alam, M. Q., & Alam, M. S. (2021). Financial Development, Economic Growth, and Poverty Reduction in India. Etikonomi: Jurnal Ekonomi , 20(1), 13 – 22. https://doi.org/10.15408/etk.v20i1.18417.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":null,"pages":null},"PeriodicalIF":1.0000,"publicationDate":"2021-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"6","resultStr":"{\"title\":\"Financial Development, Economic Growth and Poverty Reduction in India: An Empirical Evidence\",\"authors\":\"M. Alam, Md. Shabbir Alam\",\"doi\":\"10.15408/ETK.V20I1.18417\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The paper examines the response of poverty reduction based on financial development and economic growth in India. The ARDL and ECM based model techniques analyze the long-run and short-run relationship among the variables in the model. The long-run estimates depict that financial development and economic growth have not significantly impacted poverty reduction and, on the other hand, resulted in injecting inequality and becoming attended to wealthier sections of the society. The short-run estimates show that financial development and economic growth have successfully tried to reduce poverty in India. The results flash a long-run nature of poverty in India and need to designs and formulations of policies that should be instrumental in reducing poverty. Impulse Response Functions' application indicates that poverty reduction will act as a catalyst for further poverty reduction in India . JEL Classification: I32, B26, O40, R15 How to Cite: Alam, M. Q., & Alam, M. S. (2021). Financial Development, Economic Growth, and Poverty Reduction in India. Etikonomi: Jurnal Ekonomi , 20(1), 13 – 22. https://doi.org/10.15408/etk.v20i1.18417.\",\"PeriodicalId\":41552,\"journal\":{\"name\":\"Etikonomi\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":1.0000,\"publicationDate\":\"2021-02-22\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"6\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Etikonomi\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.15408/ETK.V20I1.18417\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Etikonomi","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.15408/ETK.V20I1.18417","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 6
摘要
本文考察了印度基于金融发展和经济增长的减贫对策。基于ARDL和ECM的模型技术分析了模型中变量之间的长期和短期关系。长期估计表明,金融发展和经济增长并未对减贫产生重大影响,而另一方面,却导致不平等现象加剧,使社会较富裕阶层受到关注。短期估计表明,金融发展和经济增长成功地减少了印度的贫困。研究结果显示出印度贫困的长期性,需要设计和制定有助于减少贫困的政策。脉冲响应函数的应用表明,减贫将成为印度进一步减贫的催化剂。JEL分类:I32, B26, O40, R15如何引用:Alam, M. Q, & Alam, M. S.(2021)。印度的金融发展、经济增长和减贫。经济学报,20(1),13 - 22。https://doi.org/10.15408/etk.v20i1.18417。
Financial Development, Economic Growth and Poverty Reduction in India: An Empirical Evidence
The paper examines the response of poverty reduction based on financial development and economic growth in India. The ARDL and ECM based model techniques analyze the long-run and short-run relationship among the variables in the model. The long-run estimates depict that financial development and economic growth have not significantly impacted poverty reduction and, on the other hand, resulted in injecting inequality and becoming attended to wealthier sections of the society. The short-run estimates show that financial development and economic growth have successfully tried to reduce poverty in India. The results flash a long-run nature of poverty in India and need to designs and formulations of policies that should be instrumental in reducing poverty. Impulse Response Functions' application indicates that poverty reduction will act as a catalyst for further poverty reduction in India . JEL Classification: I32, B26, O40, R15 How to Cite: Alam, M. Q., & Alam, M. S. (2021). Financial Development, Economic Growth, and Poverty Reduction in India. Etikonomi: Jurnal Ekonomi , 20(1), 13 – 22. https://doi.org/10.15408/etk.v20i1.18417.