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202996

The impact of financial depth on poverty in Egypt

Article

Last updated: 27 Dec 2024

Subjects

-

Tags

الاقتصاد والعلوم السياسية

Abstract

This study deals with the linkages between financial depth and poverty reduction in Egypt using data for the period of 1990-2015. The study applied last square method (OLS) to examine impact of financial depth on poverty reduction. The study depends, in expressing its dependent variable, which is the level of poverty, on two original variables: The poverty gap, and the percentage of the number of actual poor in the population, at the poverty line of $ 1.90 per day, according to 2011 purchasing power parity. As for the independent target variable we have which is Financial Development, the study will depend on three variables proxy to express On the level of financial development, in order to verify the robustness and reliability of the results, namely; Domestic credit to the private sector (% of GDP), and financial depository bank assets to GDP (%), in addition to bank credit for bank deposits (%). Our results show evidence of cointegration which confirms the presence of long run relationship between financial deepening, economic growth and poverty reduction.

DOI

10.21608/zcom.2021.66532.1017

Keywords

Financial development, financial depth, poverty

Authors

First Name

محمود

Last Name

محمد ربيع عبدالله

MiddleName

-

Affiliation

کلية التجارة جامعة الزقازيق

Email

timo2233@gmail.com

City

الزقازيق

Orcid

-

First Name

عصام

Last Name

السيد عبدالرؤوف

MiddleName

-

Affiliation

کلية التجارة جامعة الزقازيق

Email

essam_metwalli@yahoo.com

City

الزقازيق

Orcid

-

Volume

43

Article Issue

4

Related Issue

23935

Issue Date

2021-10-01

Receive Date

2021-03-10

Publish Date

2021-10-01

Page Start

39

Page End

67

Print ISSN

1110-7731

Online ISSN

2735-4512

Link

https://zcom.journals.ekb.eg/article_202996.html

Detail API

https://zcom.journals.ekb.eg/service?article_code=202996

Order

17

Type

تجاریة کل ما یتعلق بالعلوم التجاریة

Type Code

1,572

Publication Type

Journal

Publication Title

مجلة البحوث التجارية

Publication Link

https://zcom.journals.ekb.eg/

MainTitle

The impact of financial depth on poverty in Egypt

Details

Type

Article

Created At

23 Jan 2023