Reinforcing poverty alleviation efficiency through technological innovation, globalization, and financial development

Hashim Zameer, Muhammad Shahbaz and Xuan Vinh Vo

Technological Forecasting and Social Change, 2020, vol. 161, issue C

Abstract: Poverty is a common social problem faced by all hmankind. Exploring its causes and developing policy paradigms had remains a debatable issue, and also it posed many constructive avenues for scholarly research. In this context, the role of technological innovation for social change to address poverty alleviation is also a hot topic for research. Similarly, this study aims to explore the role of technological innovation, financial development, and globalization toward poverty alleviation efficiency in China. The study used the data from 2007 to 2018 and employed super-efficiency DEA model along with system GMM for empirical estimation. Our findings indicate that the poverty alleviation efficiency of various regions have been increased over the years. However, from a spatial perspective, China's comprehensive poverty alleviation efficiency is very unevenly distributed. Further, technological innovation and financial development positively influence the poverty alleviation efficiency in China. However, the results for the impact of globalization on poverty alleviation efficiency are insignificant. In the light of empirical findings, the study discusses some policy insights for decision-makers.

Keywords: Poverty; Technological innovation; Globalization; Financial development (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (25)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:161:y:2020:i:c:s0040162520311525

DOI: 10.1016/j.techfore.2020.120326

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