Globalization and Unemployment in Pakistan

Vincent Daly, Farid Ullah, Abdur Rauf and Ghulam Khan

Asian Economic and Financial Review, 2017, vol. 7, issue 7, 634-643

Abstract: This study analyzes the impact of globalization on unemployment in Pakistan, using annual data for the period 1980 to 2013. Using the ARDL econometric framework, we find that the economic, political and social aspects of globalisation differ in their effects. The data suggest that political and social integration, whilst beneficial in the short run, increase the long run expected unemployment rate. Economic integration appears to be only marginally beneficial in the short run; it is significantly beneficial in the long run but cointegration with the other aspects of globalisation means that it cannot fully counteract their undesirable long-run effect.

Keywords: Globalization; KOF indices; Unemployment; ARDL; Bounds testing; Pakistan. (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://archive.aessweb.com/index.php/5002/article/view/1583/2288 (application/pdf)

Related works:
Working Paper: Globalization and unemployment in Pakistan (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:asi:aeafrj:v:7:y:2017:i:7:p:634-643:id:1583

Access Statistics for this article

More articles in Asian Economic and Financial Review from Asian Economic and Social Society
Bibliographic data for series maintained by Robert Allen ().