期刊名称:Journal of Economics and Sustainable Development
印刷版ISSN:2222-2855
电子版ISSN:2222-2855
出版年度:2017
卷号:8
期号:22
页码:200-210
语种:English
出版社:The International Institute for Science, Technology and Education (IISTE)
摘要:This study is an attempt to investigate the determinants of unemployment in Somalia. Annual data series is used from the period 1995 to 2014. Unit root test is used to check the stationarity of the variables and employed Ordinary least squares (OLS) regression method. Johansen co-integration technique was applied to determine long run relationship between the variables. Granger causality was used to test bidirectional and unidirectional relationships among the variables. The empirical findings suggest that there are two co-integrating vectors during the concerned period of time in Somalia. The study found a positive relationship ofpopulation growth, external debt and GDP with unemployment and negative with, GCF and exchange rate. Key terms: Unemployment, GCF, GDP, Exchange rate, Population growth, and External Debt.
其他摘要:This study is an attempt to investigate the determinants of unemployment in Somalia. Annual data series is used from the period 1995 to 2014. Unit root test is used to check the stationarity of the variables and employed Ordinary least squares (OLS) regression method. Johansen co-integration technique was applied to determine long run relationship between the variables. Granger causality was used to test bidirectional and unidirectional relationships among the variables. The empirical findings suggest that there are two co-integrating vectors during the concerned period of time in Somalia. The study found a positive relationship ofpopulation growth, external debt and GDP with unemployment and negative with, GCF and exchange rate. Key terms: Unemployment, GCF, GDP, Exchange rate, Population growth, and External Debt.