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Relationship between Economic Growth, Unemployment and Poverty: Analysis at Provincial Level in Vietnam

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  • Nguyen Hoang Quy

Abstract

This empirical study analyzes the relationship between economic growth, unemployment and poverty at provincial level in Vietnam. The study is conducted on a sample of 245 year observations in 63 Vietnam provinces for the period of 2012-2015. The research results show that: Firstly, public investment has a positive impact on economic growth. Secondly, poverty, and export & import have a negative impact on unemployment. Thirdly, public investment has a significant and positive impact on unemployment. Fourthly, unemployment; export & import; and public investment have a negative impact on poverty. On the basis of our findings, we suggest 03 groups of recommendations for sustainable economic growth, poverty reduction, and unemployment reduction of Vietnam provinces.

Suggested Citation

  • Nguyen Hoang Quy, 2016. "Relationship between Economic Growth, Unemployment and Poverty: Analysis at Provincial Level in Vietnam," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(12), pages 113-119, December.
    • Handle: RePEc:ibn:ijefaa:v:8:y:2016:i:12:p:113-119
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    References listed on IDEAS

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    1. Carmelo Pierpaolo Parello, 2010. "A Schumpeterian Growth Model With Equilibrium Unemployment," Metroeconomica, Wiley Blackwell, vol. 61(2), pages 398-426, May.
    2. Abdülkadir Avcı & Bilge Aydaş & Özgür Arlı, 2015. "The Analysis of Interpersonal Conflict Resolution Approaches of University Students by Grade Level and Gender," European Journal of Social Sciences Education and Research Articles, Revistia Research and Publishing, vol. 2, ejser_v2_.
    3. Helmut Herwartz & Annekatrin Niebuhr, 2011. "Growth, unemployment and labour market institutions: evidence from a cross-section of EU regions," Applied Economics, Taylor & Francis Journals, vol. 43(30), pages 4663-4676.
    4. Moore, Joel D. & Donaldson, John A., 2016. "Human-Scale Economics: Economic Growth and Poverty Reduction in Northeastern Thailand," World Development, Elsevier, vol. 85(C), pages 1-15.
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    2. Muhammad Awaluddin & Fitriadi Fitriadi & Arfiah Busari & Dio Caisar Darma, 2021. "Contemporary Indonesian GDP: Context of Analysis at Unemployment, Labor Force and Poor People," International Journal of Economics and Financial Research, Academic Research Publishing Group, vol. 7(4), pages 143-154, 12-2021.
    3. Karikari-Apau, Ellen & Abeti, Wilson, 2019. "The Impact of Unemployment on Economic Growth in China," MPRA Paper 96100, University Library of Munich, Germany.
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    5. Ugyen Tenzin, 2019. "The Nexus Among Economic Growth, Inflation and Unemployment in Bhutan," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 20(1), pages 94-105, March.

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    More about this item

    Keywords

    economic growth; unemployment; poverty; province; provincial analysis; Vietnam;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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