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Sustainability
Article . 2022 . Peer-reviewed
License: CC BY
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Sustainability
Article . 2022
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“The Three Evils”: Inflation, Poverty and Unemployment’s Shadow on Economic Progress—A Novel Exploration from the Asymmetric Technique

Authors: Abdul Rehman; Laura Mariana Cismas; Ioana Anda Milin;

“The Three Evils”: Inflation, Poverty and Unemployment’s Shadow on Economic Progress—A Novel Exploration from the Asymmetric Technique

Abstract

The primary goal of this analysis was to determine the impact of inflation, poverty, unemployment, and population growth on economic growth in Pakistan using time series data from 1986 to 2020. The stationarity for the variables was tested through unit root testing, while the asymmetric (NARDL) technique was applied to expose the association amid the variables via short-run and long-run dynamics. The outcomes show that (1) variable inflation and poverty have adversative linkages to economic growth, (2) unemployment has a positive association with economic growth, and (3) variable population growth showed a negative association via short-run and long-run dynamics. Inflation, poverty and unemployment are now emerging issues in the Pakistan. The Pakistani economy has been determined to have a strong and negative link between inflation and economic growth. After a certain point, generalized inflation seems to be harmful to economic growth in the country. New governmental strategies and policies are required to tackle this issue in order to boost economic progress.

Keywords

unemployment, poverty headcount, Environmental effects of industries and plants, income distribution, NARDL, TJ807-830, TD194-195, economic growth, Renewable energy sources, Environmental sciences, GE1-350, inflation

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    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
16
Top 10%
Top 10%
Top 10%
gold