期刊名称：European Journal of Business and Social Sciences
印刷版ISSN：2235-767X
出版年度：2015
卷号：4
期号：07
页码：126-141
出版社：European Society of Business and Social Sciences
摘要：This study examines the effect of NBFI’s credit on the population of people living below the poverty line. Using annual time series data over the period 1980 to 2013, the study was informed by a credit model based on the vicious cycle of poverty theory. The Phillips- Perron test was conducted to test for stationarity of the variables under study after which the study employed autoregressive distributed lag (ARDL) model to examine the relationship between NBFIs’ credit on Poverty reduction. The study established that NBFIs’ credit has significant negative effect on the number of people living below the poverty line. The paper recommends that NBFIs should channel more credit to the private sector so as to promote investment, increase output in the economy and consequently reduce poverty levels.
关键词：Poverty; Poverty Line; Inequality; Non-Bank Financial;Institutions; Per Capita Income.
