The nexus between the economic growth and unemployment in Jordan
Abstract The main objective of this study is to investigate the impact of unemployment on Jordan's economy over the period 1991–2019. This study used the auto-regressive distributed lag (ARDL) model to investigate the relationship between the unemployment rate and the other variables. Also, we...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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SpringerOpen
2021-12-01
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| Series: | Future Business Journal |
| Subjects: | |
| Online Access: | https://doi.org/10.1186/s43093-021-00088-3 |
| _version_ | 1819102959344025600 |
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| author | Hala Hjazeen Mehdi Seraj Huseyin Ozdeser |
| author_facet | Hala Hjazeen Mehdi Seraj Huseyin Ozdeser |
| author_sort | Hala Hjazeen |
| collection | DOAJ |
| description | Abstract The main objective of this study is to investigate the impact of unemployment on Jordan's economy over the period 1991–2019. This study used the auto-regressive distributed lag (ARDL) model to investigate the relationship between the unemployment rate and the other variables. Also, we employ the ARDL bootstrap cointegration approach to examine the correlation and long-run relationship among the variables. The empirical finding indicated a long-run relationship between the unemployment rate, economic growth, education, female population, and urban population in Jordan. Our finding shows the negative linkage between economic growth and unemployment, and a positive relationship among the education, female population, and urban population and unemployment in Jordan. |
| first_indexed | 2024-12-22T01:42:51Z |
| format | Article |
| id | doaj.art-5bd72272eb5346e1bd92476a7de44cb3 |
| institution | Directory Open Access Journal |
| issn | 2314-7210 |
| language | English |
| last_indexed | 2024-12-22T01:42:51Z |
| publishDate | 2021-12-01 |
| publisher | SpringerOpen |
| record_format | Article |
| series | Future Business Journal |
| spelling | doaj.art-5bd72272eb5346e1bd92476a7de44cb32022-12-21T18:43:09ZengSpringerOpenFuture Business Journal2314-72102021-12-01711810.1186/s43093-021-00088-3The nexus between the economic growth and unemployment in JordanHala Hjazeen0Mehdi Seraj1Huseyin Ozdeser2Department of Economics, Near East UniversityDepartment of Economics, Near East UniversityDepartment of Economics, Near East UniversityAbstract The main objective of this study is to investigate the impact of unemployment on Jordan's economy over the period 1991–2019. This study used the auto-regressive distributed lag (ARDL) model to investigate the relationship between the unemployment rate and the other variables. Also, we employ the ARDL bootstrap cointegration approach to examine the correlation and long-run relationship among the variables. The empirical finding indicated a long-run relationship between the unemployment rate, economic growth, education, female population, and urban population in Jordan. Our finding shows the negative linkage between economic growth and unemployment, and a positive relationship among the education, female population, and urban population and unemployment in Jordan.https://doi.org/10.1186/s43093-021-00088-3UnemploymentEconomic GrowthJordan economy |
| spellingShingle | Hala Hjazeen Mehdi Seraj Huseyin Ozdeser The nexus between the economic growth and unemployment in Jordan Future Business Journal Unemployment Economic Growth Jordan economy |
| title | The nexus between the economic growth and unemployment in Jordan |
| title_full | The nexus between the economic growth and unemployment in Jordan |
| title_fullStr | The nexus between the economic growth and unemployment in Jordan |
| title_full_unstemmed | The nexus between the economic growth and unemployment in Jordan |
| title_short | The nexus between the economic growth and unemployment in Jordan |
| title_sort | nexus between the economic growth and unemployment in jordan |
| topic | Unemployment Economic Growth Jordan economy |
| url | https://doi.org/10.1186/s43093-021-00088-3 |
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