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Factors affecting high unemployment in India

Author

Listed:
  • Digvijay, Dilip Bhujbal
  • shafighi, Najla

Abstract

The goal of this research is to learn more about India's unemployment condition and how the country's GDP and inflation rate influence unemployment. We used data from the years 2000 to 2019 in our research. In this research, regression analysis is used to determine the relationship between India's unemployment, GDP, and inflation rate. The technique of finding the connections between two or more variables is known as regression analysis. Unemployment is a dependent variable and GDP, and rate of inflation are two independent variables. The findings of the final study are presented as a linear regression analysis. We can readily determine how India's GDP and inflation rate influence unemployment in India using linear regression analysis. Unemployment is greatly influenced by GDP. India's unemployment rate falls as the country's GDP rises. While India's inflation rate has a no significant impact on the country's unemployment rate.

Suggested Citation

  • Digvijay, Dilip Bhujbal & shafighi, Najla, 2021. "Factors affecting high unemployment in India," MPRA Paper 110621, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:110621
    as

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    File URL: https://mpra.ub.uni-muenchen.de/110621/1/MPRA_paper_110621.pdf
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    References listed on IDEAS

    as
    1. Umair Mazher & Behrooz Gharleghi & Benjamin Chan Yin Fah, 2015. "A Study on the Factors Affecting Total Quality Management in the Saudi Arabian Construction Industry," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 5(3), pages 30-40, March.
    2. repec:agr:journl:v:1(618):y:2019:i:1(618):p:115-128 is not listed on IDEAS
    3. Malayaranjan SAHOO & Jayantee SAHOO, 2019. "The relationship between unemployment and some macroeconomic variables: Empirical evidence from India," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(618), S), pages 115-128, Spring.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Keywords: unemployment; GDP; Inflation;
    All these keywords.

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General

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