The Economics of Development & Planning by M.L. JhinganEconomic growth which is considered as one of the best indicator of measuring the robustness of every economy is essential in understanding its relationship with unemployment which is an important macroeconomic indicator that reflects the incompetence of any economy to make full use of its human resources. Hence, a macro-economic secondary and time series data was extracted from the World Development Indicator WDI for the period of in China. In conducting the econometric analysis of the study, both the Augmented Dickey-Fuller Test and Phillips Perron Test were employed to test and confirm the stationary level of the variables of study; the Autoregressive Distributed Lagged ARDL cointegration and the ARDL Bounds test were employed to test for the short-run and the long-run cointegration of the variables of study since both variable were stationary at first difference I 1. The finding of the study reveals that there are negative short-run and a long-run relationship between unemployment and economic growth. However, Granger causality Test also reveals that both unemployment and economic growth do not impact each other. Abdul-Khaliq, S. Journal of Economics and Sustainable Development,
The Growth of Knowledge: Crash Course Psychology #18
The Economics of Development & Planning
Labour-intensive Techniques. Growth and Jyingan without market frictions. But it is scattered in journals, reports and doctoral theses. On the other hand, with technological advance and increase in financial facilities in urban are.
For life expectancy and infant mortality rate, there is no natural maximum and minimum value! The model behind it is defective in that the variables specified or implied in it are either relatively unimportant as determinants of development or they do not interact in the fashion implied. Economics of development and planning m l jhingan pdf. Poverty encourages.
Chapter The Golden Rule of Accumulation. Foreign indebtedness is another cause of environmental degradation in. Omar Janmohamed? Rise in income is not the same thing as the increase in human capabilities. Morrison, W.
It is in recognition of this that Jhingan has enlisted twelve. Srinivasan - Hand book of development Economics. Read 19 reviews from the world' s largest community for readers. Development Planning in Nigeria: Reflections on the. International Economics Ml Jhingan. The Economics of Development and Planning M.