Some non Price Factors that Fend off Unemployment in Pakistan

Muhammad Hassan (), Ayesha Wajid and Dawood Mamoon

MPRA Paper from University Library of Munich, Germany

Abstract: The study empirically analyzed the impact of financial development; foreign direct investment and urban population as share of total population on unemployment in Pakistan for the period from 1973 – 2010. Empirical findings of this study suggest that financial development does reduce unemployment significantly in the short run and in the long run. Foreign direct investment reduces unemployment in the long run but, it increases unemployment in the short run. Moreover; the urban population as share of total population is significantly increasing unemployment in the long run, whereas, it reduces unemployment in the short run.

Keywords: Pakistan; Financial Development, Unemployment, Foreign Direct Investment, and Urbanization (search for similar items in EconPapers)
JEL-codes: O1 O11 (search for similar items in EconPapers)
Date: 2013-09-01
New Economics Papers: this item is included in nep-cwa
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Related works:
Journal Article: Some Non Price Factors that Fend off Unemployment in Pakistan (2014)
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