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durongkaveroj, wannaphong and osathanunkul, rossarin (2014): การลดความยากจนและการพัฒนาเศรษฐกิจในกลุ่มประเทศต่างๆ. Published in: proceedings การประชุมวิชาการประจำปีสังคมศาสตร์ มนุษยศาสตร์ และศึกษาศาสตร์ ประจำปี 2557 (14 March 2014): pp. 158-174.

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The purposes of this study were to present the current situation of poverty, economic growth, and economic development for five selected countries in Latin America and to examine the relationship between poverty, economic growth, and economic development through traditional log-linear regression model for panel data analysis. The result from fixed effect model suggested that economic development is more effective and preferable than economic growth in eradicating of poverty. Policy issued aimed at raising citizen's living standard should shed on income, health, and education simultaneously instead of standard improvement in income level only.

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