Journal of Economics and Development Studies

Poverty Reduction in ASEAN Member States: The Effect of Macroeconomic
Edy Suandi Hamid, Abi Fadillah

Abstract
This paper aims to study the effect of macroeconomic variables of ASEAN countries as proxied into economic growth (LEGAS), inward investment (LFDIAS), unemployment (LUNMPAS), inflation (LINFAS), exports % of GDP (LEXPTAS), imports % of GDP (LIMPTAS), and mean year schooling on poverty below US$1.90 (LPOVAS) using panel data from 2010-2019. This study emphasizes that macroeconomic variables are the main factors in determining the level of poverty in ASEAN. The method in this study adopts Panel Regression Analysis to measure the relationship between the independent and dependent variables. The results showed that the model chosen was the Fixed Effect Model. All independent variables have a significant effect on the level of poverty in ASEAN countries, except for the variables of economic growth and unemployment which are not significant at any significant level.

Full Text: PDF     DOI: 10.15640/jeds.v10n1a4