Poverty alleviation in the Philippines through entrepreneurship An empirical analysis
Increasing uncertainty in the Philippines has created challenges to pursue development strategies to achieve economic growth. The main objective of this study is to determine the relationship between poverty and entrepreneurship in the Philippines. This study constructs an empirical model estimating the effect of entrepreneurship on poverty in the Philippines. Results show that the more the households are engaged in entrepreneurship, the higher the chance of being alleviated from poverty. It is recommended that the government should create more programs supporting entrepreneurship. JEL Classification: D0, D1, D2