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MACROECONOMIC FACTORS AFFECTING UNEMPLOYMENT RATE IN CHINA
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ABSRACT - [ Total Page(s): 1 ]This study determines macroeconomic factors affecting unemployment rate in China by studying the long-run relationship from year 1982 to 2014. Data are obtained from World Development Indicators. Factors such as Inflation, GDP growth, Population and Foreign Direct Investment are brought into discussion. Methodologies like Unit Root Test and Augmented Dickey Fuller (ADF) Test are applied before the use of Autoregressive Distributed Lag (ARDL) approach. ARDL is used to study the longrun effect between unemployment rate and related factors. This approach can only be used when Unit Root Test and
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CHAPTER ONE - [ Total Page(s): 2 ]RESEARCH OVERVIEW 1.0 Introduction In research overview, a brief introduction towards the research topic will be brought into discussion. Unemployment is a big league and critical issue across various countries including China. Thus, all the relevant ideas, key factors and concepts would be discussed at first including the macroeconomic factors that affect the unemployment rate. Based on official unemployment rate reporting by the government of China, near 4% of unemployment rate be announced and carried along for five years. However, Fathom Consulting, an independent macro research whic ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]This study determines macroeconomic factors affecting unemployment rate in China by studying the long-run relationship from year 1982 to 2014. Data are obtained from World Development Indicators. Factors such as Inflation, GDP growth, Population and Foreign Direct Investment are brought into discussion. Methodologies like Unit Root Test and Augmented Dickey Fuller (ADF) Test are applied before the use of Autoregressive Distributed Lag (ARDL) approach. ARDL is used to study the longrun effect between unemployment rate and related factors. This approach can only be used when Unit Root Test and
... Continue Reading
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