IDEAS home Printed from https://ideas.repec.org/a/ula/econom/v34y2009i28p161-189.html
   My bibliography  Save this article

Economic determinants of total poverty in Venezuela: 1975-2000

Author

Listed:
  • Pedro Harmath

    (Investigador del Grupo Banca, Instituto de Investigaciones Económicas y Sociales. Universidad de Los Andes, carrera 13b, 63-57 entre Av. Rotaria y Pedagógico, Barquisimeto edo. Lara.)

  • Rafael Acevedo

    (Docente investigador de la Universidad Centro Occidental Lizandro Alvarado. Decanato de Ciencias y Tecnología. Departamento de Estudios Básicos y Sociales, carrera 13b, 63-57 entre Av. Rotaria y Pedagógico, Barquisimeto edo. Lara.)

Abstract

This paper investigates the determinants of the behavior on the long time of the total poverty in Venezuela during the period 1975-2000. Series of time are utilized and the paper applies an analysis of multiple lineal regression. The empirical results indicate that an increase of the 1% in the rate of investment, a rise of 1US$ in the prices of the barrel of petroleum, and an increment of Bs. 1 (old) in the price average of the American currency will cause a reduction of the 5.05%, 2.43% an increase of the 0.06% respectively of the share of grow of the total poverty in Venezuela. Therefore, it is concluded that these variables are very important and necessary for establishing economic policies that they main is to diminish the poverty.

Suggested Citation

  • Pedro Harmath & Rafael Acevedo, 2009. "Economic determinants of total poverty in Venezuela: 1975-2000," Economía, Instituto de Investigaciones Económicas y Sociales (IIES). Facultad de Ciencias Económicas y Sociales. Universidad de Los Andes. Mérida, Venezuela, vol. 34(28), pages 161-189, july-dece.
    • Handle: RePEc:ula:econom:v:34:y:2009:i:28:p:161-189
    as

    Download full text from publisher

    File URL: ftp://iies.faces.ula.ve/Pdf/Revista28/Rev28Harmath.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Total poverty; investment rate; oil prices; exchange rate.;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ula:econom:v:34:y:2009:i:28:p:161-189. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alexis Vásquez (email available below). General contact details of provider: https://edirc.repec.org/data/iiulave.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.