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Beyond Borders: Understanding How Globalization Affects Employment in Pakistan

Author

Listed:
  • Muhammad Abdullah

    (Assistant Professor, Department of Economics, University of Sahiwal, Pakistan)

  • Ayza Shoukat

    (Lecturer, Department of Economics, University of Sahiwal, Pakistan)

  • Ghulam Muhammad Qamri

    (Institute of International Economics and Collaborative Innovation Center for China Economy, Nankai University Tianjin 300071, China)

  • Muzammal Rafique

    (Lecturer in Economics, University of Sialkot, Pakistan)

Abstract

The research examines the determinants of employment in the era of globalization in Pakistan. The study employed data from 1980 to 2019. The ADF test confirmed data stationarity, revealing variables and series as mixed-order stationary. ARDL appeared the most suitable for regression analysis due to its mix order capability. The empirical evidence shows that globalization has positive and significant impacts on the labor force participation rate. Other control variables are also positively affecting employment in Pakistan. The study suggests that Pakistan should prioritize family planning and a suitable environment for domestic and foreign investment to enhance employment opportunities.

Suggested Citation

  • Muhammad Abdullah & Ayza Shoukat & Ghulam Muhammad Qamri & Muzammal Rafique, 2023. "Beyond Borders: Understanding How Globalization Affects Employment in Pakistan," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 12(3), pages 866-872.
    • Handle: RePEc:rfh:bbejor:v:12:y:2023:i:3:p:866-872
    DOI: https://doi.org/10.61506/01.00168
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    References listed on IDEAS

    as
    1. Tahir Mahmood & Amjid Ali & Noureen Akhtar & Muhammad Iqbal & Sadia Qamar & Hafiz Zafar Nazir & Nasir Abbas & Iram Sana, 2014. "Determinants of Unemployment In Pakistan: A Statistical Study," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 4(12), pages 1163-1175.
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    4. Muhammad Atif Adeem & Muhammad Sibt-e-Ali & Raheel Akhtar, 2019. "Socio-Economic Determinants of Employment: A Case study of Pakistan," Journal of Accounting and Finance in Emerging Economies, CSRC Publishing, Center for Sustainability Research and Consultancy Pakistan, vol. 5(1), pages 71-82, June.
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