IMPACT OF FINANCIAL DEVELOPMENTS ON POVERTY AND INEQUALITY IN OPEC COUNTRIES

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ASAARI ABAS; NASERI ALI REZA; AGHAEI KHOUNDABI M.

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Journal: JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH) Year:2009 | Volume:9 | Issue:3 Page(s): 29-51

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Title

IMPACT OF FINANCIAL DEVELOPMENTS ON POVERTY AND INEQUALITY IN OPEC COUNTRIES

Author(s)

ASAARI ABAS | NASERI ALI REZA | AGHAEI KHOUNDABI M. | Issue Writer Certificate

Keywords

FINANCIAL DEVELOPMENTSQ2

GENERALIZED METHOD OF MOMENTSQ3

POVERTY AND INEQUALITYQ3

STATIC AND DYNAMIC PANEL DATA MODELQ1

Abstract

Casual relationship between FINANCIAL DEVELOPMENTS and economic growth is one of the striking empirical macroeconomic relationships. Following the development of financial issues, our attention turns from economic growth to another issue of economic welfare. In this study, we try to examine the relationship between FINANCIAL DEVELOPMENTS, economic growth, POVERTY AND INEQUALITY in OPEC countries. The simulation of the models and statistical inferences, in this study, are based on the static and dynamic panel data approach. The empirical models are estimated by using GMM estimators, fixed effects and random effects using the data between 1990 and 2004. The results of this study show that FINANCIAL DEVELOPMENTS through its effect on economic growth can mainly contribute poverty alleviation and inequality reduction in these countries.

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APA: Copy

ASAARI, ABAS, NASERI, ALI REZA, & AGHAEI KHOUNDABI, M.. (2009). IMPACT OF FINANCIAL DEVELOPMENTS ON POVERTY AND INEQUALITY IN OPEC COUNTRIES. JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH), 9(3), 29-51. SID. https://sid.ir/paper/86404/en

Vancouver: Copy

ASAARI ABAS, NASERI ALI REZA, AGHAEI KHOUNDABI M.. IMPACT OF FINANCIAL DEVELOPMENTS ON POVERTY AND INEQUALITY IN OPEC COUNTRIES. JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH)[Internet]. 2009;9(3):29-51. Available from: https://sid.ir/paper/86404/en

IEEE: Copy

ABAS ASAARI, ALI REZA NASERI, and M. AGHAEI KHOUNDABI, “IMPACT OF FINANCIAL DEVELOPMENTS ON POVERTY AND INEQUALITY IN OPEC COUNTRIES,” JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH), vol. 9, no. 3, pp. 29–51, 2009, [Online]. Available: https://sid.ir/paper/86404/en

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