%0 Journal Article
	%A T. Hussain and  M. W. Siddiqi and  A. Iqbal
	%D 2010
	%J International Journal of Economics and Management Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 39, 2010
	%T A Coherent Relationship between EconomicGrowth and Unemployment: An Empirical Evidence from Pakistan
	%U https://publications.waset.org/pdf/14244
	%V 39
	%X 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.
	%P 288 - 295