Some non-price factors that fend off unemployment in Pakistan
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Date
2013
Journal Title
Journal ISSN
Volume Title
Publisher
Munich Personal RePEc Archive
Abstract
The study empirically analyzed the impact of financial development; foreign direct investment
and urban population as share of total population on unemployment in Pakistan for the period
from 1973 – 2010. Empirical findings of this study suggest that financial development does
reduce unemployment significantly in the short run and in the long run. Foreign direct
investment reduces unemployment in the long run but, it increases unemployment in the short
run. Moreover; the urban population as share of total population is significantly increasing
unemployment in the long run, whereas, it reduces unemployment in the short run.
Description
Keywords
Pakistan, Financial Development, Unemployment, Foreign Direct Investment and Urbanization