{"title":"The Impact of Microfinance on Poverty Alleviation: The Case of Pakistan","authors":"Wook Sohn, Laila Ume","doi":"10.5296/JAD.V5I3.15165","DOIUrl":null,"url":null,"abstract":"This paper examines the effect of microfinance on poverty alleviation in Pakistan using district-level panel data. We conduct fixed effect panel regressions to show a statistically significant positive impact of microfinance on household income, ownership of household assets, education, and expenditure. These results suggest that the development of microfinance is an efficient tool for both welfare improvement and poverty alleviation in Pakistan.","PeriodicalId":53585,"journal":{"name":"Journal of Comparative Asian Development","volume":"37 8","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2019-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Comparative Asian Development","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.5296/JAD.V5I3.15165","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Social Sciences","Score":null,"Total":0}
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Abstract
This paper examines the effect of microfinance on poverty alleviation in Pakistan using district-level panel data. We conduct fixed effect panel regressions to show a statistically significant positive impact of microfinance on household income, ownership of household assets, education, and expenditure. These results suggest that the development of microfinance is an efficient tool for both welfare improvement and poverty alleviation in Pakistan.
期刊介绍：
The Journal of Comparative Asian Development (JCAD) aims to offer the most up-to-date research, analyses, and findings on the many aspects of social, economic, and political development in contemporary Asia conducted by scholars and experts from Asia and around the world.
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