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No. 3 / 2026 — Autumn

Peer-reviewed articles in economics, finance, public policy, and sustainable development.

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Theoretical and Applied Economics
No. 3 / 2024 (640), Autumn

Structural transformation, poverty, and inequality in emerging countries

Nihel FRIKHA
University of Sfax, Tunisia
Foued Badr GABSI
University of Sfax, Tunisia

Abstract. This study makes a valuable contribution to the existing literature by examining the impact of structural transformation on poverty reduction in 13 emerging economies during the period 2008-2018. The research utilizes a generalized method of moments (GMM) dynamic panel regression technique to identify the key drivers of poverty and inequality reduction. The findings reveal that structural change significantly contributes to poverty and income inequality reduction in the emerging economies under consideration. Specifically, the service sector and industry sector play pivotal roles in eradicating poverty and income inequality in these countries. However, the results suggest also that the agricultural sector may not be the most efficient means of reducing poverty and inequality in emerging economies. To increase its impact on poverty reduction, it is crucial to modernize and transform the agricultural sector into an agribusiness.

Keywords: emerging countries, GMM, inequality, poverty, structural transformation.

Contents

1

Evaluating the International Financial Reporting Standards (IFRS) adoption in developing countries: an institutional theory review

Omar ALHATO

2

Analyzing the impact of oil price fluctuations on economic growth in Algeria: an empirical study

Youssouf HADJI · Abdessamed BEN ABDERRAHMANE

3

Impact of population cycle on income sharing pattern of a capitalistic society

Bishal ROUTH · Joy SARKAR

4

Understanding users' behavioral intention to use artificial intelligence for personal financial management: an innovation diffusion theory approach

Muhammed JISHAM · Selvaraj VANITHA · Abin JOHN

5

Financial stability and monetary policy rules: evidence from Tunisia

Dorra TURKI · Rima LAJNAF

6

The transfer between the spending habits of different generations-a debate between retail and E-commerce

Diana-Elena ZIDARU

7

Planning for economic integration: addressing trade challenges posed by the Ukraine-Russia conflict in Europe

Zar SHAH · Khalid ZAMAN · Gul Faraz KHAN

8

Dynamics of the interplay between economic complexity, governance and economic growth in the BRICS countries: a panel GMM approach

Samir Ul HASSAN · Joel BASUMATARY · Biswambhara MISHRA

9

The relevance of theories of foreign direct investment to mergers and acquisitions in Africa

Magdalene Kasyoka WILSON

10

The impact of employment in industry on income inequality in Great Britain

Daniil STORCHEVOI

11

Structural transformation, poverty, and inequality in emerging countries

Nihel FRIKHA · Foued Badr GABSI

12

How work works for the new generations?

Raluca Iuliana GEORGESCU · Dumitru Alexandru BODISLAV

13

Assessing the nexus between market openness and economic growth: an emerging market perspective

Sana SHAWL · Keyur M NAYAK · Nissar YATOO

14

The relationship between access to electricity, CO2 emissions, and economic growth in BRICS

Xenaneira SHODROKOVA · Anna YULIANITA · Abdul BASHIR

15

Social aspects of the informal economy: evidence from EU countries

Sorina Emanuela ȘTEFONI · Iulian Viorel BRAȘOVEANU · Ionela BUTU

16

Tracing the path: testing the environmental Kuznets Curve in Algeria using ARDL bounds testing

Sidahmed BEKHTI · Zineddine GUEDDAL · Kamel AKRICHE · Roucham BENZIANE

17

Dynamic interactions among selected world stock indices: a VAR approach

Tejesh H R · Khajabee M

18

Boosting human capital: how the COVID-19 pandemic accelerated agile methodology adoption in software development

Andreea Teodora IACOB · Cristian STANA · Radu Alexandru BUDU

19

Do gold, oil and bitcoins possess safe heaven attributes in times of crisis? Empirical evidence using a wavelet-based time-frequency dependency approach from the pandemic to the Russia–Ukraine crisis

Akshay SAKHARKAR

20

Financial contagion and the circular economy paradigm: opportunities and challenges for Romania

Ionuț NICA · Ștefan IONESCU · Andreea RADU · Ștefan CIOARIC · David ANGHEL

21

The circular economy in Romania: a bibliometric study of innovation and sustainable practices

Nora CHIRIȚĂ · Camelia DELCEA · Cristian CIUREA · Irina GEORGESCU