Some Non Price Factors that Fend off Unemployment in Pakistan

Muhammad Hassan (), Ayesha Wajid and Dawood Mamoon
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Ayesha Wajid: Department of Economics, University of Management and Technology, Lahore, Pakistan

International Journal of Economics and Empirical Research (IJEER), 2014, vol. 2, issue 1, 29-35

Abstract: The study empirically analyzed the impact of financial development, foreign direct investment and urban population on unemployment in Pakistan for the period of 1973-2010. The Johansen cointegration approach is applied for long run relationship. Empirical findings reveal that financial development does reduce unemployment. Foreign direct investment reduces unemployment in long run but, it increases unemployment in short run. Moreover, urbanization is increasing unemployment.This study opens up new insights for policy makers to reduce unemployment via using foreign direct investment as a tool.

Keywords: Financial development; Unemployment; Foreign direct investment; Urbanization (search for similar items in EconPapers)
JEL-codes: O10 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (1)

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Working Paper: Some non Price Factors that Fend off Unemployment in Pakistan (2013)
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