@article{(Open Science Index):https://publications.waset.org/pdf/14244, title = {A Coherent Relationship between EconomicGrowth and Unemployment: An Empirical Evidence from Pakistan}, author = {T. Hussain and M. W. Siddiqi and A. Iqbal}, country = {}, institution = {}, abstract = {The study is aimed to test causal relationship between growth and unemployment, using time series data for Pakistan from 1972 to 2006. Growth is considered to be a pathway to decrease the level of unemployment. Unemployment is a social and political issue. It is a phenomenon where human resources are wasted leading to deacceleration in growth. Johanson Cointegration shows that there is long run relationship between growth and unemployment. For short run dynamics and causality, the study utilizes Vector Error Correction Model (VECM). The results of VECM indicate that there is short and long run causal relation between growth and unemployment including capital, labor and human capital as explanatory variables.}, journal = {International Journal of Economics and Management Engineering}, volume = {4}, number = {3}, year = {2010}, pages = {288 - 295}, ee = {https://publications.waset.org/pdf/14244}, url = {https://publications.waset.org/vol/39}, bibsource = {https://publications.waset.org/}, issn = {eISSN: 1307-6892}, publisher = {World Academy of Science, Engineering and Technology}, index = {Open Science Index 39, 2010}, }