Poverty Dynamics in the Libyan Economy: An Econometric Analysis of its Economic Determinants during the Period (2000–2024)

Authors

  • Akrem Omar Mohamed Aldeeb Department of Economics, Faculty of Economics and Commerce, Asmarya Islamic University, Zliten, Libya
  • Musbah Mohamed Ghait Department of Economics, Faculty of Economics and Political Science, Misrata University, Misrata, Libya
  • Nisreen Ramadhan Mohammed Alarqat Department of Economics, Faculty of Economics and Commerce, Asmarya Islamic University, Zliten, Libya

DOI:

https://doi.org/10.65417/ljcas.v4i1.346

Keywords:

Poverty dynamics, Unemployment rate, Inflation rate, Economic growth rate, Economic stability

Abstract

This study aimed to analyze the dynamics of poverty in the Libyan economy and to measure the impact of certain macroeconomic variables represented by the unemployment rate, inflation rate, and economic growth rate on poverty and living standards during the period(2000-2024).

The study relied on the descriptive approach and econometric analysis using the Autoregressive Distributed Lag( ARDL) model in order to examine both the short-run and long-run relationships among the study variables.

The results of the bounds test revealed the existence of a long-run equilibrium relationships between the poverty level and the economic variables under investigation.

The findings also indicated that the inflation rate has a positive and statistically significant effect on poverty levels, whereas the economic growth rate did not contribute effectively to reducing poverty. Meanwhile, the unemployment rate did not show a statistically significant direct effect during the study period.

Downloads

Download data is not yet available.

Downloads

Published

2026-06-09

Issue

Volume 4, No. 1, 2026

Section

Branch of Humanities and Social Sciences

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

Akrem Omar Mohamed Aldeeb, Musbah Mohamed Ghait, & Nisreen Ramadhan Mohammed Alarqat. (2026). Poverty Dynamics in the Libyan Economy: An Econometric Analysis of its Economic Determinants during the Period (2000–2024). Libyan Journal of Contemporary Academic Studies, 4(1), 778-789. https://doi.org/10.65417/ljcas.v4i1.346