Determinants of Poverty in Pakistan:A Multinomial Logit Approach

South Asia accounts for 22 per cent of the global population. 2 Poverty is more than meager physical deprivation of goods and services. It has social and psychological effects that prevent people from realizing their own potential. The incidence of poverty is generally defined as the proportion of the population that does not have enough income to purchase a reference food bundle yielding a specified amount of calories per day and to provide for a modest allowance for non-food commodities and services. 3 According to the Pakistan