Trade and Unemployment: What Do The Data Say?

Febriyastuti Widyawati, Retno (2018) Trade and Unemployment: What Do The Data Say? Univ.Sebelas Maret Solo.

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2018 Poster IRSA Retno Budi Prayitno-dikonversi.doc

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ABSTRACT Two theories about the impact of international trade with unemployment: Ricardian and Hecksher Ohlin theory. This research is also to know the impact of trade openness, economic growth, and inflation on unemployment of ASEAN-5, 1996-2016. The data used is pooled data. Data sources from the World Bank. The analytical unit consists of ASEAN-5 countries (Indonesia, Malaysia, Philippines, Singapore, and Thailand). Method analysis used is Vector Error Correction Model (VECM). The results economic growth has a positive relationship to unemployment in the ASEAN-5. Trade openness and inflation have a negative relationship to unemployment in the ASEAN-5. ASEAN-5 in 1996-2016 lead to the Ricardian theory, where when there is increasing international trade openness the unemployment will decreases. Keywords: Unemployment, Trade Openness, Economic Growth, Inflation, VECM

Item Type: Other
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Economic and Business
Depositing User: Sulimin BP3
Date Deposited: 08 Nov 2019 03:12
Last Modified: 08 Nov 2019 03:12

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