Abstract
Most of the developing economies of the world are of agrarian in nature. Pakistan economy is one of these economies where majority of the population lives in rural areas. The agriculture sector is the basic source of livelihood for the people in Pakistan. Population growth in Pakistan has been very high amongst the developing world. Demand for dairy and livestock products has been increasing with the increase in the population. Recent study explored the impact of livestock output on poverty in Pakistan by using annual time series data for the period of 1972-2010. The time series econometric techniques of unit root test, Jahansen’s cointegration method and vector error correction techniques were applied for the examination. Livestock output has been found to be negatively associated with the poverty levels in Pakistan in the long run. Causality test based on vector error correction block exogeniety test confirmed long run causality between livestock output, official development assistance, workers’ remittances, credit to private sector, education and health expenditure. Causality test confirmed the bidirectional causality between livestock output and poverty. Moreover, other variables have also shown causal association with poverty levels in Pakistan. The present study concludes that development of the livestock sector, in Pakistan, would be helpful in promoting income sources and poverty alleviation
Sharafat Ali, , Imran Sharif Chaudhry. (2015) An Empirical Analysis of Poverty Alleviation through Livestock Development in Pakistan, The Dialogue, Volume 10, Issue 2.
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