The role of small and medium enterprises and poverty in Pakistan: An empirical analysis
The role of Small and Medium Enterprises (SMEs) is very important in economic growth, employment generation and poverty alleviation. Annual time series data has been used to examine the impact of SMEs on poverty in Pakistan for the period between 1972 and 2007. Log-linear autoregressive model has be...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2014-04-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/972.pdf
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| _version_ | 1818137672419377152 |
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| author | Sharafat ALI Humayun RASHID Muhammad Aamir KHAN |
| author_facet | Sharafat ALI Humayun RASHID Muhammad Aamir KHAN |
| author_sort | Sharafat ALI |
| collection | DOAJ |
| description | The role of Small and Medium Enterprises (SMEs) is very important in
economic growth, employment generation and poverty alleviation. Annual time
series data has been used to examine the impact of SMEs on poverty in Pakistan
for the period between 1972 and 2007. Log-linear autoregressive model has been
estimated by Ordinary Least Squares (OLS) method using one year previous value
of HCR as explanatory variable. The results of the study confirm a strong and
negative impact of small scale industries’ output on poverty levels in Pakistan. The
economic policy makers must focus on the establishment of formal financial
markets to overcome the financial constraints faced by the SME sector in Pakistan.
Simplification of lending procedures, enforcement of credit rights, and reduction in
credit costs would be helpful for the establishment of robust SME sector in
Pakistan. |
| first_indexed | 2024-12-11T10:00:01Z |
| format | Article |
| id | doaj.art-1a657a801ccf4e3aba40794edf0bc483 |
| institution | Directory Open Access Journal |
| issn | 1841-8678 1844-0029 |
| language | English |
| last_indexed | 2024-12-11T10:00:01Z |
| publishDate | 2014-04-01 |
| publisher | General Association of Economists from Romania |
| record_format | Article |
| series | Theoretical and Applied Economics |
| spelling | doaj.art-1a657a801ccf4e3aba40794edf0bc4832022-12-22T01:12:09ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292014-04-01XXI4678018418678The role of small and medium enterprises and poverty in Pakistan: An empirical analysisSharafat ALI0Humayun RASHID1Muhammad Aamir KHAN2 Government Post Graduate College Kot Sultan, Layyah, Pakistan Allama Iqbal Open University, Islamabad, Pakistan PMAS Arid Agriculture University, Rawalpindi, Pakistan The role of Small and Medium Enterprises (SMEs) is very important in economic growth, employment generation and poverty alleviation. Annual time series data has been used to examine the impact of SMEs on poverty in Pakistan for the period between 1972 and 2007. Log-linear autoregressive model has been estimated by Ordinary Least Squares (OLS) method using one year previous value of HCR as explanatory variable. The results of the study confirm a strong and negative impact of small scale industries’ output on poverty levels in Pakistan. The economic policy makers must focus on the establishment of formal financial markets to overcome the financial constraints faced by the SME sector in Pakistan. Simplification of lending procedures, enforcement of credit rights, and reduction in credit costs would be helpful for the establishment of robust SME sector in Pakistan. http://store.ectap.ro/articole/972.pdf povertysmall and medium enterprisesincome inequalitypopulation growth |
| spellingShingle | Sharafat ALI Humayun RASHID Muhammad Aamir KHAN The role of small and medium enterprises and poverty in Pakistan: An empirical analysis Theoretical and Applied Economics poverty small and medium enterprises income inequality population growth |
| title | The role of small and medium enterprises and poverty in Pakistan: An empirical analysis |
| title_full | The role of small and medium enterprises and poverty in Pakistan: An empirical analysis |
| title_fullStr | The role of small and medium enterprises and poverty in Pakistan: An empirical analysis |
| title_full_unstemmed | The role of small and medium enterprises and poverty in Pakistan: An empirical analysis |
| title_short | The role of small and medium enterprises and poverty in Pakistan: An empirical analysis |
| title_sort | role of small and medium enterprises and poverty in pakistan an empirical analysis |
| topic | poverty small and medium enterprises income inequality population growth |
| url |
http://store.ectap.ro/articole/972.pdf
|
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