154308

An Economic Study of the Consistency of the Poverty Line with Welfare in the Arab Gulf Cooperation Council

Article

Last updated: 01 Jan 2025

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Agricultural economics

Abstract

The search aims at estimate the absolute poverty line in GCC, for compare it with the international poverty line, to identify the consistent with welfare in those countries. A search depends on World Bank data for the GCC countries during the period (2001-2014) in the cross-series form to estimate consumption and saving functions. To estimate the absolute poverty line at the level of the Arab Gulf Cooperation Council (GCC), dividing the study period (2001-2014) to three periods: the first period (2001-2004), and the second period (2005-2009), and the third period (2010-2014). The results of those periods that increase the per capita income of about $ 100 / year, leading to increased consumer spending per capita per year by 47,12,3 $  for the three periods, respectively. The absolute poverty line of the individual countries of the Arab Gulf Cooperation Council for the three periods was about 1420.5, 6754.7, 9963.1 USD / capita / year which is equivalent to 3.9, 18.5, 27.3 $ / person / day for the three periods, respectively. this means that an individual during those periods in which his income equivalent to 3.9, 18.5, 27.3 dollars / day has not spared any part of his income (savings is equal to zero), where barely enough to meet consumer needs, and that the individual who is earning less than this limit will not be able meet his needs. This confirms that those countries use a higher consumption pattern of welfare in determining the poverty, which exceeds global absolute poverty line, which amounts to about $ 2.25 / person / day. Moreover, the Arab states of the low hunger index compared to all the nations of the world. Therefore, the study suggests that the Gulf Cooperation Council are using the highest consumption patterns of welfare in determining the poverty, which exceeds global absolute poverty line. This means that the GCC Arab poverty line is consistent with the economic welfare of those countries. Hunger Index results also revealed that the GCC Arab states of low hunger index compared to all the nations of the world. In addition, the national absolute poverty line for these countries is higher than in the United States and lower than in Luxembourg in the last two study periods.

DOI

10.21608/asejaiqjsae.2016.154308

Authors

First Name

Maha

Last Name

A. F. Saied

MiddleName

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Affiliation

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Volume

37

Article Issue

April-June

Related Issue

352

Issue Date

2016-06-01

Receive Date

2016-05-29

Publish Date

2016-06-01

Page Start

326

Page End

342

Print ISSN

1110-0176

Online ISSN

2536-9784

Link

https://asejaiqjsae.journals.ekb.eg/article_154308.html

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https://asejaiqjsae.journals.ekb.eg/service?article_code=154308

Order

29

Type

Original Article

Type Code

53

Publication Type

Journal

Publication Title

Alexandria Science Exchange Journal

Publication Link

https://asejaiqjsae.journals.ekb.eg/

MainTitle

An Economic Study of the Consistency of the Poverty Line with Welfare in the Arab Gulf Cooperation Council

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Article

Created At

22 Jan 2023