EconPapers    
Economics at your fingertips  
 

UNDERLYING TRENDS IN EMPLOYMENTOUTPUT EQUATION: THE CASE OF JORDAN

Arqam Al-Rabbaie, Ahmad Alwaked () and Yaseen Altarawneh
Additional contact information
Arqam Al-Rabbaie: Department of Economics Hashemite University, Jordan
Yaseen Altarawneh: Department of Economics Hashemite University, Jordan

Perspectives of Innovation in Economics and Business (PIEB), 2009, vol. 3, issue 3, 35-37

Abstract: The underlying employment trend (UET) is investigated in Jordanian economy over the period 1989- 2004 using structural time series model (STSM). This approach allows to modelling the trend in its stochastic form introduced by Harvey (1989). The results show that a stochastic trend is preferred to deterministic trend. In addition, the inclusion or exclusion of the conventional deterministic trend leads to overestimated output elasticity. Furthermore, the UET is found to be non-linear, down downward sloping.

Keywords: Employment; stochastic trend; structural time series modelling (search for similar items in EconPapers)
JEL-codes: J20 (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://academicpublishingplatforms.com/downloads/p ... baie_Alwaked_AGR.pdf (application/pdf)
http://academicpublishingplatforms.com/article.php ... &number=3&article=52 (text/html)

Related works:
Journal Article: Underlying trends in employment-output equation: the case of Jordan (2009) Downloads
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:pdc:jrpieb:v:3:y:2009:i:3:p:35-37

Access Statistics for this article

Perspectives of Innovation in Economics and Business (PIEB) is currently edited by Jan Beseda

More articles in Perspectives of Innovation in Economics and Business (PIEB) from Prague Development Center Contact information at EDIRC.
Bibliographic data for series maintained by Jaroslav Holecek ().

 
Page updated 2021-09-23
Handle: RePEc:pdc:jrpieb:v:3:y:2009:i:3:p:35-37