The Effect of Macroeconomic Performance Indicators on Poverty in Upper Middle Income Countries

Rabia Efeoğlu; Sabri Azgün

Article Details

The Effect of Macroeconomic Performance Indicators on Poverty in Upper Middle Income Countries

Authors:

Rabia Efeoğlu | Sabri Azgün

Publisher:

Bolu Abant Izzet Baysal University

Journal:

Abant Sosyal Bilimler Dergisi Vol.23 Issue 1, pp.385-393

Document Type:

Article

Publication Date:

3/2023

Document Language:

Turkish

Document ID (Org No.):

2001286777

pISSN:

2757-9425

Keywords:

Abstract:

 With a general definition, poverty, which refers to the inability of people to meet their basic needs, is a concept that has household characteristics, education, gender, etc. microeconomic; growth, inflation, unemployment, income inequality, etc. macroeconomic determinants. The aim of the study is to test the relationship between macroeconomic determinants of poverty and poverty. The impact of macroeconomic performance indicators on poverty in 13 upper middle-income countries was tested with the system GMM dynamic panel data analysis methods for the period 2009-2018. Economic growth, inflation, unemployment and income inequality, which are used as independent variables, are determined as macroeconomic performance indicators. According to the findings obtained, poverty decreases as per capita GDP which is macroeconomic indicators increases, poverty increases as unemployment and income inequality increase, and inflation does not have a statistically significant effect on poverty.

 With a general definition, poverty, which refers to the inability of people to meet their basic needs, is a concept that has household characteristics, education, gender, etc. microeconomic; growth, inflation, unemployment, income inequality, etc. macroeconomic determinants. The aim of the study is to test the relationship between macroeconomic determinants of poverty and poverty. The impact of macroeconomic performance indicators on poverty in 13 upper middle-income countries was tested with the system GMM dynamic panel data analysis methods for the period 2009-2018. Economic growth, inflation, unemployment and income inequality, which are used as independent variables, are determined as macroeconomic performance indicators. According to the findings obtained, poverty decreases as per capita GDP which is macroeconomic indicators increases, poverty increases as unemployment and income inequality increase, and inflation does not have a statistically significant effect on poverty.

 With a general definition, poverty, which refers to the inability of people to meet their basic needs, is a concept that has household characteristics, education, gender, etc. microeconomic; growth, inflation, unemployment, income inequality, etc. macroeconomic determinants. The aim of the study is to test the relationship between macroeconomic determinants of poverty and poverty. The impact of macroeconomic performance indicators on poverty in 13 upper middle-income countries was tested with the system GMM dynamic panel data analysis methods for the period 2009-2018. Economic growth, inflation, unemployment and income inequality, which are used as independent variables, are determined as macroeconomic performance indicators. According to the findings obtained, poverty decreases as per capita GDP which is macroeconomic indicators increases, poverty increases as unemployment and income inequality increase, and inflation does not have a statistically significant effect on poverty.

 Genel bir tanımlama ile insanların temel ihtiyaçlarını karşılayamama durumunu ifade eden yoksulluk, hanehalkı özellikleri, eğitim, cinsiyet vb. mikroekonomik; büyüme, enflasyon, işsizlik, gelir eşitsizliği vb. makroekonomik belirleyicileri olan bir kavramdır. Çalışmanın amacı, yoksulluğun belirleyicilerden makroekonomik belirleyicilerin yoksulluk ile ilişkisini test etmektir. 2009-2018 dönemi için 13 üst orta gelirli ülkede makroekonomik performans göstergelerinin yoksulluğa etkisi sistem GMM dinamik panel veri analiz yöntemi ile test edilmiştir. Bağımsız değişken olarak kullanılan ekonomik büyüme, enflasyon, işsizlik ve gelir eşitsizliği makroekonomik performans göstergeleri olarak belirlenmiştir. Elde edilen bulgulara göre, makroekonomik göstergelerden kişi başına GSYH arttıkça yoksulluk azalmakta, işsizlik ve gelir eşitsizliği arttıkça yoksulluk artmakta, enflasyonun ise yoksulluk üzerinde istatistiksel olarak anlamlı bir etkisi yoktur.

Article Details

The Effect of Macroeconomic Performance Indicators on Poverty in Upper Middle Income Countries

Authors:

Rabia Efeoğlu | Sabri Azgün

Publisher:

Bolu Abant Izzet Baysal University

Journal:

Abant Sosyal Bilimler Dergisi Vol.23 Issue 1, pp.385-393

Document Type:

Article

Publication Date:

3/2023

Document Language:

Turkish

Document ID (Org No.):

2001286777

pISSN:

2757-9425

poverty

macroeconomic indicators

system GMM dynamic panel data analysis

yoksulluk

makroekonomik göstergeler

sistem GMM dinamik panel veri analizi

Issues

Article Details

The Effect of Macroeconomic Performance Indicators on Poverty in Upper Middle Income Countries

Authors: Rabia Efeoğlu | Sabri Azgün

Publisher: Bolu Abant Izzet Baysal University

Journal: Abant Sosyal Bilimler Dergisi Vol.23 Issue 1, pp.385-393

Document Type: Article

Publication Date: 3/2023

Document Language: Turkish

Document ID (Org No.): 2001286777

pISSN: 2757-9425

poverty

macroeconomic indicators

system GMM dynamic panel data analysis

yoksulluk

makroekonomik göstergeler

sistem GMM dinamik panel veri analizi

Issues

Authors:

Rabia Efeoğlu | Sabri Azgün

Publisher:

Bolu Abant Izzet Baysal University

Journal:

Abant Sosyal Bilimler Dergisi Vol.23 Issue 1, pp.385-393

Document Type:

Article

Publication Date:

3/2023

Document Language:

Turkish

Document ID (Org No.):

2001286777

pISSN:

2757-9425