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- W3182048690 abstract "This study tends to determine the factors responsible for increasing unemployment in Pakistan. The objective has been achieved by analyzing the yearly data of Pakistan over the period of 1970-2019. The explanatory variables used in the study are Foreign direct investment (FDI), Population growth, GDP growth, Inflation, and External debt. Stationarity of data has been inspected by employing Augmented Dicker Fuller Test. Result of unit root test indicate that some variables are stationary at level whereas other are stationary at first difference. In the presence of diverse stationarity levels, the ARDL technique is considered to be the most appropriate approach in examining the long- and short-term association amongst variables. The empirical result indicates that FDI, Inflation and Population Growth has an inverse relation with unemployment. The relation of inflation and unemployment in case of Pakistan is in line with the Phillip curve approach. While GDP growth is shown to be positively linked with unemployment, which proves that in case of Pakistan the Okun’s law does not hold any place." @default.
- W3182048690 created "2021-07-19" @default.
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- W3182048690 date "2021-01-08" @default.
- W3182048690 modified "2023-09-27" @default.
- W3182048690 title "Factors Responsible for Unemployment in Pakistan: A Time Series Evidence" @default.
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