Prethodno priopćenje
https://doi.org/10.51650/ezrvs.19.1-2.14
Two measures of poverty – different conclusions? An empirical analysis of the determinants of financial poverty in Europe
Josipa Višić
orcid.org/0000-0002-2536-8317
; Ekonomski fakultet Sveučilišta u Splitu, Split, Hrvatska
*
Magda Lovrić
; Ekonomski fakultet Sveučilišta u Splitu, Split, Hrvatska
* Dopisni autor.
Sažetak
Poverty is a complex phenomenon whose mitigation requires a thorough understanding of its determinants. Its definition, measurement, and analysis can be approached in various ways. In this context, the paper focuses on analysing the determinants of financial poverty conceptualised in relative terms and examined at the national level. What distinguishes this study from similar ones is the use of two different poverty measures to reveal potential variability in the results obtained, i.e. to provide empirical evidence of the importance of a careful and objective interpretation of the results and the formulation of anti-poverty measures. The panel analysis used data from the Eurostat database for 28 European countries covering the period from 2012 to 2022. The results obtained show that particular caution is needed when designing social protection measures and drawing conclusions about the impact of public debt on poverty, as the direction of influence and/or statistical significance changes depending on the poverty measure used. The results relating to the impact of GDP per capita also show a degree of volatility, while the impact of the unemployment rate in a country as an explanatory variable remains consistent across different poverty measures. Limitations of the study include a focus on European countries and a limited time period, indicating the need for further research that would include a broader geographical and temporal scope and additional independent variables, particularly with regard to the impact of specific social protection measures and the inclusion of factors related to population characteristics in individual countries.
Ključne riječi
financial poverty; determinants of poverty; European countries.
Hrčak ID:
333196
URI
Datum izdavanja:
5.7.2025.
Posjeta: 0 *