Poverty Human Capital and Economic Development Nexus: A Case Study of Multan Division
Abstract
Purpose: Countries across the world have acknowledged that poverty alleviation has to be of critical importance among the objectives of economic development. This paper sheds light on the Multan division, as one of the important divisions of Southern Punjab, Pakistan.
Design/Methodology/Approach: The primary data was collected through a household survey during the year 2019, using the Binomial Logit and Ordinary Least Squares (OLS) regression techniques.
Findings: The study concluded that the occupation of the household head in the primary sector and large household size are significant and positively related to household poverty. However, the human capital of the household is found to be significant and negatively related to household poverty in the Multan division. Economic development or per capita income of the households are found to be significant and positively related to the human capital of the households.
Implications/Originality/Value: The provision of job opportunities by the government would be helpful in poverty alleviation and the development of this region.
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