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Unemployment and job vacancy dynamics in Malaysia: ARDL approach to co-integration analysis


Subramaniam, Thirunaukarasu and Baharumshah, Ahmad Zubaidi and Md. Noor, Zaleha (2007) Unemployment and job vacancy dynamics in Malaysia: ARDL approach to co-integration analysis. In: International Economic Conference on Trade and Industry (IECTI) 2007, 3 - 5 December 2007, Bayview Hotel Georgetown, Penang. (Unpublished)

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Abstract

This paper examines the long-run co-integration relationship between unemployment and macroeconomic variables in the Malaysian labour market. Econometric methods of Auto-regressive Distributed Lag (ARDL) Method is employed. This study found that there is a stationary long-run co-integration relationship between unemployment and macroeconomic variables in Malaysia. Unemployment in Malaysia does not suffer due to mismatch in the labour market. Economic growth and foreign direct investment are found to be crucial in reducing unemployment in Malaysia.

Item Type: Conference or Workshop Item (Paper)
Additional Information: Organized by Faculty of Economics, Universiti Utara Malaysia
Uncontrolled Keywords: Unemployment, Job Vacancy, Malaysia
Subjects: H Social Sciences > HD Industries. Land use. Labor
Divisions: College of Arts and Sciences
Depositing User: Mrs. Juwita Johari
Date Deposited: 24 Feb 2011 01:13
Last Modified: 24 Feb 2011 01:13
URI: http://repo.uum.edu.my/id/eprint/2568

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