Munich Personal RePEc Archive

Some non Price Factors that Fend off Unemployment in Pakistan

Hassan, Muhammad shahid and Wajid, Ayesha and Mamoon, Dawood (2013): Some non Price Factors that Fend off Unemployment in Pakistan.

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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.

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