Econometric Evaluation of the İmpact of Education Level and Science in Poverty Rate: the Case of Azerbaijan


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Həsənli Y., Şabanov S.

Economic and Social Development, Baku, Azerbaijan, 25 - 26 June 2021, pp.689-695, (Full Text)

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ABSTRACT

The article covers education, science and poverty levels indicators, the exchange rate of the manat, income per capita and other indicators. The indicators were examined and correlation analysis was conducted to identify the factors that significantly affect the level of poverty. The poverty level was econometrically assessed in the Azerbaijani example. It was found that the share of high school and university graduates per 10,000 people, the number of articles per 1 million people in basic science and engineering, income per capita reduces the country's poverty level, while the increase in the manat against the dollar increases poverty. It was determined that the share of secondary school and vocational school graduates per 10,000 people did not have a statistically significant impact on the country's poverty level. The database is based on data from national and international official statistics and covers the years 2001-2019.

 

Keywords: graduate, poverty, science