Education, Poverty, and Economic Growth Nexus in Pakistan


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Article type :

Original article

Author :

Sidra Ilyas,Khawaja Asif Mehmood,Sidra Saeed

Volume :

4

Issue :

1

Abstract :

This study examines the correlation between education, poverty reduction, and economic growth in Pakistan for the period 1972 to 2023. The analytical procedure of Autoregressive Regressive Distributed Lag (ARDL) reveals that long-run relationships are evident in education, poverty, and economic growth. Education positively influences economic growth and is found to reduce poverty. The study emphasized the connection between economic growth, poverty, and education, highlighting the importance of education in improving socioeconomic standing and reducing poverty. The study concludes that education is a major factor contributing to Pakistan's economic growth and poverty alleviation. It advocates policies promoting economic growth and addressing poverty issues.

Keyword :

Education, GDP, Poverty, ARDL, Pakistan, Economic