Globalization and unemployment in Pakistan

Vincent Daly, Farid Ullah, Abdur Rauf and Ghulam Khan
Additional contact information
Farid Ullah: Muhammad Ali Jinnah University, Postal: Muhammad Ali Jinnah University Islamabad, Pakistan.
Abdur Rauf: University of Azad Jammu and Kashmir, Postal: Kashmir Institute of economics, University of Azad Jammu and Kashmir, Muzaffarabad, Azad Kashmir, Pakistan.

No 2017-2, Economics Discussion Papers from School of Economics, Kingston University London

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; Unemployment; ARDL; Pakistan (search for similar items in EconPapers)
JEL-codes: O11 O19 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2017-02-15
New Economics Papers: this item is included in nep-int
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Citations: View citations in EconPapers (4)

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Journal Article: Globalization and Unemployment in Pakistan (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:ris:kngedp:2017_002

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