International Journal of Neutrosophic Science
IJNS
2690-6805
2692-6148
10.54216/IJNS
https://www.americaspg.com/journals/show/1855
2020
2020
The impact of economic growth and fiscal policy on poverty rate in Uzbekistan: application of neutrosophic theory and time series approaches
Tashkent State University of Economics, Uzbekistan
Aziza
Usmanova
The aim of this paper is to analyze how economic growth and fiscal policy impact on poverty rate in Uzbekistan. To reach this aim neutrosophic-AHP method was applied together with two time series models, namely Autoregressive Distributed Lags (ARDL) and Vector Autoregression (VAR) models. The statistical data of Uzbekistan over the period of 2000-2021 was used. Neutrosophic-AHP served as a basis for time series analysis. In accordance with AIC and BIC criteria, VAR was chosen as the most adequate model. Results of VAR model showed that a poverty rate has a delay effect on two years, when the increase of the second lag of poverty difference by one unit also increased current poverty difference by 0.501 units. Also, it was revealed that economic growth affects poverty adversely with delay in one lag, whereas taxes – with two lags. Interesting situation occurred with government expenditures, which impacted negatively on poverty after a one-year lag, but positively after two lags.
2023
2023
107
117
10.54216/IJNS.210210
https://www.americaspg.com/articleinfo/21/show/1855