The Effect of Unemployment and Institutional Quality on Poverty in the Philippines: A New Perspective Using Nonlinear ARDL 1

This work aims to give new insight into the nonlinear correlation between unemployment, institutional quality, and poverty in the Philippines. To this end, we analyze data from 2001 to 2019 using a nonlinear Autoregressive Distributed Lag Model. The results provide insight that poverty moves asymmet...

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Bibliographic Details
Published inJournal of Global and Area Studies , 6(1) pp. 43 - 66
Main Authors Bingxian Chen, Yan Tan
Format Journal Article
LanguageEnglish
Published 글로벌지역학연구소 30.06.2022
Subjects
지역학
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Summary:This work aims to give new insight into the nonlinear correlation between unemployment, institutional quality, and poverty in the Philippines. To this end, we analyze data from 2001 to 2019 using a nonlinear Autoregressive Distributed Lag Model. The results provide insight that poverty moves asymmetrically due to positive or negative shocks in unemployment and institutional quality. Moreover, the results reveal that applying linear models in poverty modeling may be misleading. The findings of the study imply that policymakers should consider the nonlinear behavior of poverty for more efficient policymaking KCI Citation Count: 1
ISSN:2586-0305
2586-3797
DOI:10.31720/JGA.6.1.3