Poverty Human Capital and Economic Development Nexus: A Case Study of Multan Division

Abstract

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 the important division of Southern Punjab, Pakistan. The primary data was collected through a household survey during the year 2019.The study concluded that occupation of the household head in the primary sector and household size are significant and positively associated with household poverty. However, 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 with human capital of the households.