scholarly journals An Analysis on the Unemployment Rate in the Philippines: A Time Series Data Approach

2017 ◽  
Vol 820 ◽  
pp. 012008
Author(s):  
J D Urrutia ◽  
R L Tampis ◽  
JB E Atienza
2016 ◽  
Vol 12 (2) ◽  
pp. 93-100
Author(s):  
Nahid Kalbasi Anaraki

The introduction of Dodd Frank Act has induced lots of controversy among economists on its macroeconomic outcomes; though some see it is a necessary piece of legislation, which can avoid future financial crisis, many think it is detrimental to private investment and employment. To see how the Act affect real macroeconomic variables such as GDP growth, investment, and unemployment rate, this study implements econometric models with time series data over the period of 1990-2015 to estimate how financial regulations in general and Dodd Frank Act in particular affects the above-mentioned variables. The results of this study suggest that the Act has a negative significant impact on GDP growth, private investment, and unemployment rate.    


2021 ◽  
Vol 10 (3) ◽  
pp. 263
Author(s):  
Ari Setyawan ◽  
I Wayan Suparta ◽  
Neli Aida

ABSTRACTThis study aims to examine the effect of economic globalization on the unemployment rate in Indonesia and the relationship of other macroeconomic variables such as economic growth, inflation rate, and real wage with unemployment. The data used is in the form of annual time series data from 1986 to 2018, whose research results are analyzed using the ARDL method. This study concludes that economic globalization can reduce the unemployment rate in Indonesia in the short term, although in the long term, it increases the unemployment rate. Economic growth and inflation in the short and long term have not been able to reduce the current unemployment rate, while the increase in real wages has reduced the unemployment rate in the short term, although not in the long term. By looking at these results, we need to be wary of economic globalization because economic globalization has a destructive impact in the long term. So that concrete and consistent efforts are needed from the government, the private sector, and other stakeholders so that Indonesia gets the maximum benefit from economic globalization, especially in job creation and reducing unemployment.JEL : B22, E22.Keywords : unemployment, economic globalization, economic growth, inflation, real wages. ABSTRAKPenelitian ini bertujuan melihat pengaruh tingkat globalisasi ekonomi terhadap tingkat pengangguran di Indonesia serta hubungan variabel makroekonomi lain seperti tingkat pertumbuhan ekonomi, tingkat inflasi dan tingkat upah riil dengan tingkat pengangguran. Data yang dipergunakan berupa data time series tahunan dari periode 1986 hingga 2018 yang hasil penelitiannya dianalisis menggunakan metode ARDL. Kesimpulan penelitian ini yaitu globalisasi ekonomi mampu mengurangi tingkat pengangguran di Indonesia dalam jangka pendek meskipun dalam jangka panjang malah meningkatkan tingkat pengangguran. Pertumbuhan ekonomi dan inflasi baik dalam jangka pendek dan jangka panjangnya belum mampu menurunkan tingkat pengangguran yang ada sedangkan naiknya upah riil mampu menurunkan tingkat pengangguran dalam jangka pendek meskipun tidak dalam jangka panjang. Dengan melihat hasil ini, kita perlu waspada terhadap globalisasi ekonomi karena globalisasi ekonomi ini memiliki dampak buruk dalam jangka panjang sehingga dibutuhkan upaya kongkrit dan konsisten baik dari pemerintah, swasta maupun para stakeholder lain agar Indonesia memperoleh manfaat yang sebesar-besarnya dari globalisasi ekonomi khusunya dalam upaya penciptaan lapangan kerja dan mengurangi pengangguran.


2010 ◽  
Vol 9 (2) ◽  
pp. 79-112
Author(s):  
Desiree A. Desierto ◽  
Karen Annette D. Lazaro ◽  
Kevin Thomas G. Cruz

This paper questions the conventional argument that the existence of a black market provides negative externalities in the form of foregone tax revenues that could otherwise be used to increase social welfare. It is not enough to estimate the size of the black market, one should also show how much of this can be eradicated, and how much of what is eradicated can be replaced by legitimate (taxable) goods, and how much of what is replaced can generate actual tax revenue. When all these are taken into account, the actual tax loss from piracy may be trivial. We illustrate this point using time-series data on optical media disc piracy in the Philippines.


2021 ◽  
Vol 1 (2) ◽  
pp. 16-27
Author(s):  
Akhirman Akhirman

This study aims to find out the Maritime Economic Development of ASEAN Countries and Riau Islands - Indonesia. ASEAN which was established on August 8, 1967 through the Bangkok Declaration by Indonesia, the Philippines, Malaysia, Singapore, and Thailand. Then in 1984 he joined the State of Brunei Darussalam, in 1995 followed by the country of Vietnam, in 1997 the countries of Laos and Myanmar, and in 1998 joined the country of Cambodia. ASEAN in the Indonesian language known as Perbara or Perhimpunan Nations of Southeast Asia is a collaborative organization in the field of economy and geo-politics. The variables used in this study are Economic Growth, Export Rate. Inflation, and IPM. The data used is time series data, namely from 2014-2016. The analytical method used in this study is descriptive and econometric analysis. World Bank data, in 2017, predicts that there are three countries, namely Cambodia, Laos and Myanmar, which are predicted to have the most expansive economic growth after India in 2017-2019, and it is estimated that economic growth can reach 7%. while Indonesia in Quarter II 2017 grew 5.1 percent (BPS, 2017), while in 2013 it grew 5.58 percent. Riau Islands, a small town that captures part of NKRI in 2015 6.02 percent (yoy) economic growth, in the second quarter of 2017 must be willing with the lowest number two national economic growth, which is 2.02 percent which was the highest in Sumatra exceed national figures of 4.79 percent. (yoy). Suggestions given in this study include the need to think about a policy strategy that has potential economic areas to support sustainable export growth so that it can improve economic growth better.


1986 ◽  
Vol 18 (10) ◽  
pp. 1401-1404 ◽  
Author(s):  
R T Hamilton

In this paper annual time-series data are used to examine the relationship between unemployment and both the level and the rate of new company registrations in Scotland between 1950 and 1984. Lagged unemployment rate and changes in this rate (also lagged) are shown to explain in excess of 90% of the yearly variation in registration activity. The results indicate the importance of those factors, for example, unemployment or the threat thereof, which act to ‘push’ individuals into self-employment.


2015 ◽  
Vol 12 (1) ◽  
pp. 25-29
Author(s):  
DF Adiele

This paper empirically examined the effect of the clearance rate, the unemployment rate, the percentage of females in employment and the percentage of the labour force with tertiary education on Serious Crime in Nigeria for the period 2000-2011. Time-series data from (NBS) National Bureau of statistics and Nigeria police annual reports 2011are used and tests for the existence of a long runcointegration relationship among serious crime, clearance rate and various socio economic indicators is carried out. The cointegration analysis provides strong evidence of the existence of a long-run model. With the normalized coefficients showing a negative effect of the clearance rate, percentage of females in the labourforce and the percentage of the labour force with tertiary education on serious crime, with the exception being the unemployment rate which is found to exert a positive effect.KEYWORDS: Crime, Cointegration, Unit Root, Time-Series.


2020 ◽  
Vol 3 (2) ◽  
pp. 280-290
Author(s):  
Jude Chukwunyere Iwuoha

Among the macroeconomic challenges facing Nigeria as a country are weak growth of the economy, ever increasing unemployment rate, and increasing inequality occasioned by increasing poverty. In trying to mitigate these challenges, the Nigeria government usually run aborrowing. In all these, the unemployment rate keep rising year-on-year. In this study, we tried to find out whether borrowing will come to the rescue in reducing unemployment in Nigeria, using time series data from 1981 - 2019. Employing the VECM model, we carried out the stationarity and cointegration tests respectively. While the stationarity test confirmed all variables being stationary at I(1), existence of cointegration was also confirmed indicating a relationship between public debt and unemployment which turned out to be an inverse relationship. A high value of ECM was recorded. It was found that unemployment granger causes government debt and debt servicing. The overall result shows that public debt have rendered little or no assistance in combating unemployment in Nigeria. While we do not discourage government from borrowing for the provision of critical infrastructures, corruption should be put in check so as to allow the amount of borrowing be reflected on the infrastructures available, as public debt also have some adverse effects on the economy.


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