Impact of Trade Openness on Unemployment: East, South and Southeast Asian Countries (2006 – 2016)
Journal Title: Journal of Economics, Finance and Management Studies - Year 2022, Vol 5, Issue 08
Abstract
Recent statistics have shown how trade has grown quickly over the last decades in East, South, and Southeast Asian countries. East and Southeast Asian countries have been among the most dynamic participants in international trade. It strongly implies estimating how trade openness effects unemployment in East, South, and Southeast Asian economies. This paper empirically investigates the impacts of measures of trade openness on the unemployment rate in an unbalanced panel context for the period 2006-2016. The analysis focuses on the 16 east, south, and Southeast Asian countries, which are highly ranked in terms of their trade openness: Philippines, Singapore, Vietnam, Thailand, Malaysia, Indonesia, Timor-laste, China, Hong Kong, Korea, Japan, India, Pakistan, Sri Lanka, Bangladesh, and Maldives. The results illustrate the negative relationship between trade openness and the unemployment rate. It has been found that trade openness reduces the unemployment rate significantly.
Authors and Affiliations
Aria Rashidi
Keywords
Related Articles
- EP ID EP709330
- DOI https://doi.org/10.47191/jefms/v5-i8-33
- Views 72
- Downloads 0
Analysis of Profitability at Listed Energy Trading Companies in Vietnam
Through the survey process on annual reports, the authors found that companies mainly make simple comparisons between this year and last year, a few companies make comparisons with the industry average, analyzed using ch...
Factors Affecting Consumer Intention to Purchase Organic Vegetables Online
This study aims to identify the factors that influence the desired outcome of purchasing organic vegetable products online in generation X. This research sets the location in DKI Jakarta through the application of purpos...
Building Advanced Early Alarm Systems for Predicting Financial Crises: A Future Vision for Fiscal Policy in Iraq
The accelerating repercussions of financial crises that struck the world have significantly affected global economies in general and the banking sector in particular. These crises, characterized by banking failures, have...
Size Company as Moderator the Influence of Rofitability and Leverage on Stock Return in Manufacturing Companies in Indonesia
This study aims to examine the effect of profitability and leverage on stock returns through the role of firm size as moderator. The Research population used manufacturing companies. There are 143 companies listed on the...
The Financial Freedom Approach in MSME Financial Management in the Tourism Sector
The short-term goal of this research is to provide knowledge and understanding of MSMEs financial management using the financial freedom approach, in addition to providing alternative solutions for MSMEs in solving the p...