Developing countries are critically facing the issue of poverty. The widespread digitalization in many developing countries...

 

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Developing countries are critically facing the issue of poverty. The widespread digitalization in many developing countries is expected to result in less poverty. Subramaniam et al. (2021) find the following results of three poverty models, namely poverty of $1.90 a day, poverty of $3.20 a day, and poverty of $5.50 a day. GDP is the gross domestic product, REMIT is remittance and DIGIT is the level of digitalization. Figures denote t-statistic. Poverty $1.90 Poverty $3.20 Poverty $5.50 Constant 12.77[2.58] 15.73[2.6] 7.16[4.26] GDP -0.66[-1.82] -0.31[-2.27] -0.40[-2.39] REMIT -0.15[-2.16] -0.06[-1.94] -0.16[-2.29] DIGIT 1.46[1.97] -3.26[-1.93] -2.33[-4.49] Criticize the role of GDP, remittances, and digitalization based on the above findings. Developing countries are critically facing the issue of poverty. The widespread digitalization in many developing countries is expected to result in less poverty. Subramaniam et al. (2021) find the following results of three poverty models, namely poverty of $1.90 a day, poverty of $3.20 a day, and poverty of $5.50 a day. GDP is the gross domestic product, REMIT is remittance and DIGIT is the level of digitalization. Figures denote t-statistic. Poverty $1.90 Poverty $3.20 Poverty $5.50 Constant 12.77[2.58] 15.73[2.6] 7.16[4.26] GDP -0.66[-1.82] -0.31[-2.27] -0.40[-2.39] REMIT -0.15[-2.16] -0.06[-1.94] -0.16[-2.29] DIGIT 1.46[1.97] -3.26[-1.93] -2.33[-4.49] Criticize the role of GDP, remittances, and digitalization based on the above findings.

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The role of GDP remittances and digitalization in alleviating poverty in developing countries has been widely discussed This study evaluates the resul... View the full answer