Yaping Liu1, Asad Amin1, Samma Faiz Rasool2, Qamar Uz Zaman3. 1. Business School, Guangxi University Nanning, Guangxi, 530004, People's Republic of China. 2. Postdoctoral Station of Statistical, School of Innovation and Entrepreneurship, Entrepreneurship Institute, Guangzhou University, Guangzhou 510006, People's Republic of China. 3. Postdoctoral Station of Management Science and Engineering, College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing 211100, People's Republic of China.
Abstract
BACKGROUND: This study examines the role of the agriculture and foreign remittances in mitigating rural poverty in Pakistan. METHODS: The data used relate to the period 1980-2017 and are sourced from the World Bank and the Economic Survey of Pakistan produced annually by the Ministry of Finance. The ARDL technique was used to calculate the effects of agriculture and foreign remittances on rural poverty. RESULTS: The results of this study indicate that agriculture helps to mitigate rural poverty in the long run, but that foreign remittances are more effective in reducing rural poverty in the short run. In this paper, results confirm the existence of correlations between agriculture, foreign remittances and rural poverty. CONCLUSION: The outcomes of this study support the call for the government to introduce agricultural credit schemes for the rural population of Pakistan. Moreover, the government should take steps to enhance diplomatic relations with other countries and simplify policies and visa application procedures for Pakistani workers. Finally, this study suggests the government should simplify procedures for the transfer of foreign remittances to Pakistan.
BACKGROUND: This study examines the role of the agriculture and foreign remittances in mitigating rural poverty in Pakistan. METHODS: The data used relate to the period 1980-2017 and are sourced from the World Bank and the Economic Survey of Pakistan produced annually by the Ministry of Finance. The ARDL technique was used to calculate the effects of agriculture and foreign remittances on rural poverty. RESULTS: The results of this study indicate that agriculture helps to mitigate rural poverty in the long run, but that foreign remittances are more effective in reducing rural poverty in the short run. In this paper, results confirm the existence of correlations between agriculture, foreign remittances and rural poverty. CONCLUSION: The outcomes of this study support the call for the government to introduce agricultural credit schemes for the rural population of Pakistan. Moreover, the government should take steps to enhance diplomatic relations with other countries and simplify policies and visa application procedures for Pakistani workers. Finally, this study suggests the government should simplify procedures for the transfer of foreign remittances to Pakistan.
Authors: Aadil Hameed Shah; Atta Ullah Khan; Liurong Pan; Asad Amin; Abbas Ali Chandio Journal: Int J Environ Res Public Health Date: 2022-05-01 Impact factor: 4.614