Pub Date : 2020-10-01DOI: 10.20885/ejem.vol12.iss2.art4
S. E. Jeff-Anyeneh, A. Ananwude, G. Ezu, Andrew Izuchukwu Nnoje
The effect of government expenditure on the standard of living has different impact for various level of economies. In this study, we determined the effect of government recurrent and capital expenditure on the standard of living in Nigeria using a test of causation. The long and short run estimates were done by utilizing an Autoregressive Distributive Lag (ARDL) model using data that spanned from 1981 to 2018. Findings/Originality: Precipitously, we asserted that government recurrent and capital expenditure have a significant effect on the standard of living in Nigeria. Nevertheless, that is not the true reflection of the living standard in the country. There is an enormous need for the government to increase its expenditure on the health sector. Investment in healthcare is positively related to economic growth and has the potential of reducing poverty, hence a better standard of living. The Federal Government of Nigeria ought to, as a matter of direness, prioritize capital expenditure over recurrent expenditure.
{"title":"Government expenditure and standard of living in an emerging market in Africa–Nigeria","authors":"S. E. Jeff-Anyeneh, A. Ananwude, G. Ezu, Andrew Izuchukwu Nnoje","doi":"10.20885/ejem.vol12.iss2.art4","DOIUrl":"https://doi.org/10.20885/ejem.vol12.iss2.art4","url":null,"abstract":"The effect of government expenditure on the standard of living has different impact for various level of economies. In this study, we determined the effect of government recurrent and capital expenditure on the standard of living in Nigeria using a test of causation. The long and short run estimates were done by utilizing an Autoregressive Distributive Lag (ARDL) model using data that spanned from 1981 to 2018. Findings/Originality: Precipitously, we asserted that government recurrent and capital expenditure have a significant effect on the standard of living in Nigeria. Nevertheless, that is not the true reflection of the living standard in the country. There is an enormous need for the government to increase its expenditure on the health sector. Investment in healthcare is positively related to economic growth and has the potential of reducing poverty, hence a better standard of living. The Federal Government of Nigeria ought to, as a matter of direness, prioritize capital expenditure over recurrent expenditure.","PeriodicalId":41472,"journal":{"name":"Economic Journal of Emerging Markets","volume":"123 1","pages":"167-178"},"PeriodicalIF":0.5,"publicationDate":"2020-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86412910","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-06-09DOI: 10.20885/ejem.vol12.iss1.art9
Hind El-houjjaji, Abdellah Echaoui
In 2016, the government of Morocco adopted a parametric reform intended to deal with the critical financial situation of the CMR civilian pension regime. We examine the robustness of this reform using the Cohort-Component population projection model to the fund's population during the period 2014-2064. Then we lead a projection of the scheme financial situation. Moreover, we project the status quo situation and an alternative scenario where we propose to increase the retirement age solely, and then compare the results with those of the 2016 parametric reform. Findings/Originality : For the three scenarios, a parametric reform will have a limited effect on the financial situation, in both the long and the short-term. In long run, it is not sufficient to solve the problem of massive increase of pension scheme deficits while in short run it is not sufficient to eliminate the existing structural problems neither to avoid the future financial deficit. Furthermore, our alternative scenario seems to have some more advantages, comparing with the other scenarios.
{"title":"Parametric reform analysis of the Moroccan public pension system","authors":"Hind El-houjjaji, Abdellah Echaoui","doi":"10.20885/ejem.vol12.iss1.art9","DOIUrl":"https://doi.org/10.20885/ejem.vol12.iss1.art9","url":null,"abstract":"In 2016, the government of Morocco adopted a parametric reform intended to deal with the critical financial situation of the CMR civilian pension regime. We examine the robustness of this reform using the Cohort-Component population projection model to the fund's population during the period 2014-2064. Then we lead a projection of the scheme financial situation. Moreover, we project the status quo situation and an alternative scenario where we propose to increase the retirement age solely, and then compare the results with those of the 2016 parametric reform. Findings/Originality : For the three scenarios, a parametric reform will have a limited effect on the financial situation, in both the long and the short-term. In long run, it is not sufficient to solve the problem of massive increase of pension scheme deficits while in short run it is not sufficient to eliminate the existing structural problems neither to avoid the future financial deficit. Furthermore, our alternative scenario seems to have some more advantages, comparing with the other scenarios.","PeriodicalId":41472,"journal":{"name":"Economic Journal of Emerging Markets","volume":"100 1","pages":"105-118"},"PeriodicalIF":0.5,"publicationDate":"2020-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78662663","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-04-08DOI: 10.20885/ejem.vol12.iss1.art3
I. Fauzan, M. Firdaus, S. Sahara
This paper builds a financial inclusion index of thirty-three provinces in Indonesia from formal financial institutions banks. It aim at analyzing how the financial inclusion index relates to regional poverty using a spatial panel econometric approach. Findings/Originality: The results show that the average financial inclusion index of each province in Indonesia is still in a low category, and there is a financial system development inequality between DKI Jakarta Province and other regions. We also find that poverty has a significant negative effect on the financial inclusion index. With the recent migration of residents as a spatial weighting matrix, we decompose the global effect of the poverty variable on the financial inclusion index into a local effect for each province.
{"title":"Regional financial inclusion and poverty: Evidence from Indonesia","authors":"I. Fauzan, M. Firdaus, S. Sahara","doi":"10.20885/ejem.vol12.iss1.art3","DOIUrl":"https://doi.org/10.20885/ejem.vol12.iss1.art3","url":null,"abstract":"This paper builds a financial inclusion index of thirty-three provinces in Indonesia from formal financial institutions banks. It aim at analyzing how the financial inclusion index relates to regional poverty using a spatial panel econometric approach. Findings/Originality: The results show that the average financial inclusion index of each province in Indonesia is still in a low category, and there is a financial system development inequality between DKI Jakarta Province and other regions. We also find that poverty has a significant negative effect on the financial inclusion index. With the recent migration of residents as a spatial weighting matrix, we decompose the global effect of the poverty variable on the financial inclusion index into a local effect for each province.","PeriodicalId":41472,"journal":{"name":"Economic Journal of Emerging Markets","volume":"33 1","pages":"25-38"},"PeriodicalIF":0.5,"publicationDate":"2020-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83638543","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-04-08DOI: 10.20885/ejem.vol12.iss1.art4
Arya Sohrabi, M. Pishvaee, A. Hafezalkotob, S. Bamdad
As a first discrete choice experiment in Iran emerging telecommunication market, this paper studies consumer preferences for prepaid mobile internet packages with a combined software and paper-based interview. A two-stage Bayesian D-optimal design procedure is deployed to design choice sets of mobile internet packages from four main attributes. The utility structure and customers’ willingness-to-pay for mobile internet packages are analyzed. Findings/originality: The results indicate that even with a considerable price reduction, consumers avoid prepaying for data plans with commitment periods longer than six months and high traffic volume. Traffic volume and brand attributes are recognized as the two most influential factors on consumers’ behavior. Simulating the market demonstrates the competition between mobile internet operators in Iran market. The statistics express a significant effect of consumers’ current mobile operator on their preferences for the brand attribute.
{"title":"Analysis of consumer preferences for prepaid mobile internet packages in Iran: A Discrete Choice Experiment","authors":"Arya Sohrabi, M. Pishvaee, A. Hafezalkotob, S. Bamdad","doi":"10.20885/ejem.vol12.iss1.art4","DOIUrl":"https://doi.org/10.20885/ejem.vol12.iss1.art4","url":null,"abstract":"As a first discrete choice experiment in Iran emerging telecommunication market, this paper studies consumer preferences for prepaid mobile internet packages with a combined software and paper-based interview. A two-stage Bayesian D-optimal design procedure is deployed to design choice sets of mobile internet packages from four main attributes. The utility structure and customers’ willingness-to-pay for mobile internet packages are analyzed. Findings/originality: The results indicate that even with a considerable price reduction, consumers avoid prepaying for data plans with commitment periods longer than six months and high traffic volume. Traffic volume and brand attributes are recognized as the two most influential factors on consumers’ behavior. Simulating the market demonstrates the competition between mobile internet operators in Iran market. The statistics express a significant effect of consumers’ current mobile operator on their preferences for the brand attribute.","PeriodicalId":41472,"journal":{"name":"Economic Journal of Emerging Markets","volume":"25 1","pages":"39-53"},"PeriodicalIF":0.5,"publicationDate":"2020-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86951318","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-04-08DOI: 10.20885/ejem.vol12.iss1.art1
Khalil Hassan
This study aims to investigate the export-led growth hypothesis for two developing country groups i.e. the Middle East and North African (MENA), and South Asian (SA) countries. The study uses time-series data for the period of (1990-2018) based on the unit root, cointegration, error correction modelling, and Granger causality tests. Findings/originality: The results found a long-run cointegration, but no evidence for significant relations between the variables was confirmed. Furthermore, there is no Granger causality between economic growth and exports in the two directions for the MENA countries. But for the SA countries, we note a unidirectional causality from economic growth to exports, i.e. the growth in both country groups was not driven by an export-led growth strategy. This implies that exports aren’t the cause of output growth, and Accordingly, looking for alternative factors of growth in the countries concerned can be suggested.
{"title":"Empirical investigation on the relationship between exports and economic growth in selected LDCs country groups (1988-2018)","authors":"Khalil Hassan","doi":"10.20885/ejem.vol12.iss1.art1","DOIUrl":"https://doi.org/10.20885/ejem.vol12.iss1.art1","url":null,"abstract":"This study aims to investigate the export-led growth hypothesis for two developing country groups i.e. the Middle East and North African (MENA), and South Asian (SA) countries. The study uses time-series data for the period of (1990-2018) based on the unit root, cointegration, error correction modelling, and Granger causality tests. Findings/originality: The results found a long-run cointegration, but no evidence for significant relations between the variables was confirmed. Furthermore, there is no Granger causality between economic growth and exports in the two directions for the MENA countries. But for the SA countries, we note a unidirectional causality from economic growth to exports, i.e. the growth in both country groups was not driven by an export-led growth strategy. This implies that exports aren’t the cause of output growth, and Accordingly, looking for alternative factors of growth in the countries concerned can be suggested.","PeriodicalId":41472,"journal":{"name":"Economic Journal of Emerging Markets","volume":"70 1","pages":"1-12"},"PeriodicalIF":0.5,"publicationDate":"2020-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86114529","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-04-08DOI: 10.20885/EJEM.VOL12.ISS1.ART5
Y. A. Ahmed, Biaban Nwri Rostam, B. A. Mohammed
This study investigates the effect of financial crises on macroeconomic variables that include gross domestic product (GDP), export, inflation, and exchange rates, in some developing countries, namely Iraq, Iran, and Turkey, from 1980 to 2017. In doing so, it performed unit root and cointegration tests and employed generalized least square and panel dynamic least squares estimating methods. Findings/Originality: The empirical results show that the financial crises affect GDP, export, inflation, and exchange rates of the countries at different levels. While the Asian financial crisis shows a significant negative effect on GDP in Iran and Iraq, the global financial crisis exhibits a negative influence on export in all countries. Nevertheless, both Asian and global crises positively affect inflation because financial crises reduce expenditure at the family and government levels. Thus, governments worldwide attempt to minimize the inflation rate.
{"title":"The effect of the financial crisis on macroeconomic variables in Iraq, Iran, and Turkey","authors":"Y. A. Ahmed, Biaban Nwri Rostam, B. A. Mohammed","doi":"10.20885/EJEM.VOL12.ISS1.ART5","DOIUrl":"https://doi.org/10.20885/EJEM.VOL12.ISS1.ART5","url":null,"abstract":"This study investigates the effect of financial crises on macroeconomic variables that include gross domestic product (GDP), export, inflation, and exchange rates, in some developing countries, namely Iraq, Iran, and Turkey, from 1980 to 2017. In doing so, it performed unit root and cointegration tests and employed generalized least square and panel dynamic least squares estimating methods. Findings/Originality: The empirical results show that the financial crises affect GDP, export, inflation, and exchange rates of the countries at different levels. While the Asian financial crisis shows a significant negative effect on GDP in Iran and Iraq, the global financial crisis exhibits a negative influence on export in all countries. Nevertheless, both Asian and global crises positively affect inflation because financial crises reduce expenditure at the family and government levels. Thus, governments worldwide attempt to minimize the inflation rate.","PeriodicalId":41472,"journal":{"name":"Economic Journal of Emerging Markets","volume":"122 1","pages":"54-66"},"PeriodicalIF":0.5,"publicationDate":"2020-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82214150","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-04-08DOI: 10.20885/EJEM.VOL12.ISS1.ART6
Sukoco Sukoco, D. Hartono, A. Patunru
This study examines the impacts of import duty and trade transaction cost reductions on economic performance, poverty, and income distribution inequality, through the top-down computable general equilibrium approach. Findings/Originality: It reveals that reducing import duty in agricultural decreases urban poverty but increases the poverty incidence at the rural and national levels. Reducing import duty in agricultural industry lowers urban and national poverty without affecting rural poverty. Meanwhile, the reductions of both import duty and transaction costs bring down the poverty incidence at all levels – urban, rural, and national. The inequality in rural and national income distribution increased due to the cuttings of import duty in agricultural and agricultural industry. However, it declined due to the reduction of transaction costs, and the combined transaction cost with import duty in agricultural or agricultural industry.
{"title":"The impacts of liberalization and trade facilitation on economic performance, poverty and income inequality: An analytical study","authors":"Sukoco Sukoco, D. Hartono, A. Patunru","doi":"10.20885/EJEM.VOL12.ISS1.ART6","DOIUrl":"https://doi.org/10.20885/EJEM.VOL12.ISS1.ART6","url":null,"abstract":"This study examines the impacts of import duty and trade transaction cost reductions on economic performance, poverty, and income distribution inequality, through the top-down computable general equilibrium approach. Findings/Originality: It reveals that reducing import duty in agricultural decreases urban poverty but increases the poverty incidence at the rural and national levels. Reducing import duty in agricultural industry lowers urban and national poverty without affecting rural poverty. Meanwhile, the reductions of both import duty and transaction costs bring down the poverty incidence at all levels – urban, rural, and national. The inequality in rural and national income distribution increased due to the cuttings of import duty in agricultural and agricultural industry. However, it declined due to the reduction of transaction costs, and the combined transaction cost with import duty in agricultural or agricultural industry.","PeriodicalId":41472,"journal":{"name":"Economic Journal of Emerging Markets","volume":"140 1","pages":"67-79"},"PeriodicalIF":0.5,"publicationDate":"2020-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75844567","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-04-01DOI: 10.20885/ejem.vol12.iss1.art8
Mohammad Askarpour, A. Mohammadinejad, R. Moghaddasi
Agritourism is known as a means of identification and realization of various on-farm and off-farm attractions existing in rural areas. This study aims at exploring the main determinants of agritourism development in Iran. Data were obtained via field survey and interview with 115 sample farmers from areas currently presenting agritourism services. By using a multinomial logit model, the impacts of theoretically expected variables were estimated. Findings/Originality : Education is the main driver of agritourism development. The programs aiming at increasing the knowledge of farmers regarding different advantages of agritourism should be paid special attention by the government. The result also indicates direct effect of diversified crops and services on probability to get involved in agritourism business. Provision of more crops and services on the farm generates more attraction for tourists and can lead to development of agritourism. In addition, farm size revealed same association, while the age of farmers has an adverse effect on provision of agritourism.
{"title":"Economics of agritourism development: An Iranian experience","authors":"Mohammad Askarpour, A. Mohammadinejad, R. Moghaddasi","doi":"10.20885/ejem.vol12.iss1.art8","DOIUrl":"https://doi.org/10.20885/ejem.vol12.iss1.art8","url":null,"abstract":"Agritourism is known as a means of identification and realization of various on-farm and off-farm attractions existing in rural areas. This study aims at exploring the main determinants of agritourism development in Iran. Data were obtained via field survey and interview with 115 sample farmers from areas currently presenting agritourism services. By using a multinomial logit model, the impacts of theoretically expected variables were estimated. Findings/Originality : Education is the main driver of agritourism development. The programs aiming at increasing the knowledge of farmers regarding different advantages of agritourism should be paid special attention by the government. The result also indicates direct effect of diversified crops and services on probability to get involved in agritourism business. Provision of more crops and services on the farm generates more attraction for tourists and can lead to development of agritourism. In addition, farm size revealed same association, while the age of farmers has an adverse effect on provision of agritourism.","PeriodicalId":41472,"journal":{"name":"Economic Journal of Emerging Markets","volume":"34 1","pages":""},"PeriodicalIF":0.5,"publicationDate":"2020-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73510361","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-04-01DOI: 10.20885/ejem.vol12.iss1.art7
Faheem Aslam, B. Memon, Khurram Shahzad Mughal
Existing literature on market seasonality focuses mainly on returns anomalies with little or no attention to risk adjustment. This study investigates risk-adjusted, and Bonferroni adjusted day-of-the-week anomalies in nine emerging Asian stock markets. The data consist of the daily prices of nine stock indices from January 1997 to September 2019. The MSCI emerging market index was employed as a proxy of time-varying risk. Findings/originality : The results confirm the presence of day-of-the-week anomalies in emerging Asian markets, and the addition of the market risk proxy has failed to fade these patterns. Finally, after consideration of time-varying risk premium and applying Bonferroni Correction type adjustment, several market anomalies remain. However, both adjustments partially eliminate the significance of these patterns. The presence of these anomalies suggests that little of this can be accounted for the MSCI-EM stock price index. The results also confirm that systematic risk level varies from Monday to Friday.
{"title":"Risk-adjusted and Bonferroni-adjusted seasonality in emerging Asian stock markets","authors":"Faheem Aslam, B. Memon, Khurram Shahzad Mughal","doi":"10.20885/ejem.vol12.iss1.art7","DOIUrl":"https://doi.org/10.20885/ejem.vol12.iss1.art7","url":null,"abstract":"Existing literature on market seasonality focuses mainly on returns anomalies with little or no attention to risk adjustment. This study investigates risk-adjusted, and Bonferroni adjusted day-of-the-week anomalies in nine emerging Asian stock markets. The data consist of the daily prices of nine stock indices from January 1997 to September 2019. The MSCI emerging market index was employed as a proxy of time-varying risk. Findings/originality : The results confirm the presence of day-of-the-week anomalies in emerging Asian markets, and the addition of the market risk proxy has failed to fade these patterns. Finally, after consideration of time-varying risk premium and applying Bonferroni Correction type adjustment, several market anomalies remain. However, both adjustments partially eliminate the significance of these patterns. The presence of these anomalies suggests that little of this can be accounted for the MSCI-EM stock price index. The results also confirm that systematic risk level varies from Monday to Friday.","PeriodicalId":41472,"journal":{"name":"Economic Journal of Emerging Markets","volume":"56 1","pages":"80-92"},"PeriodicalIF":0.5,"publicationDate":"2020-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90827109","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-04-01DOI: 10.20885/EJEM.VOL12.ISS1.ART2
A. Aslan, Buket Altinoz
This paper investigates the relationship between the immigrant population and the unemployment rate in the United States for period from 1980 to 2013. For this purpose, firstly, coefficient of long and short run is estimated by using Autoregressive Distributed Lag (ARDL) method and then, linear and nonlinear causality test are applied. Findings/Originality: According to ARDL test results; there is a positive effect of immigration to the United States on the unemployment rate to in the long run. In other words, while there is no statistically significant relationship between two variables in the short run, an increase in the immigrant population increases the unemployment rate by 0.14 percent in the long run. The bootstrapped Toda-Yamamoto linear causality test results imply that there is no causal relationship between immigration and unemployment. Also, there is no nonlinear relationship between immigration population and unemployment rate in the United States.
{"title":"The relationship between unemployment and immigration with linear and nonlinear causality tests: Evidence from the United States","authors":"A. Aslan, Buket Altinoz","doi":"10.20885/EJEM.VOL12.ISS1.ART2","DOIUrl":"https://doi.org/10.20885/EJEM.VOL12.ISS1.ART2","url":null,"abstract":"This paper investigates the relationship between the immigrant population and the unemployment rate in the United States for period from 1980 to 2013. For this purpose, firstly, coefficient of long and short run is estimated by using Autoregressive Distributed Lag (ARDL) method and then, linear and nonlinear causality test are applied. Findings/Originality: According to ARDL test results; there is a positive effect of immigration to the United States on the unemployment rate to in the long run. In other words, while there is no statistically significant relationship between two variables in the short run, an increase in the immigrant population increases the unemployment rate by 0.14 percent in the long run. The bootstrapped Toda-Yamamoto linear causality test results imply that there is no causal relationship between immigration and unemployment. Also, there is no nonlinear relationship between immigration population and unemployment rate in the United States.","PeriodicalId":41472,"journal":{"name":"Economic Journal of Emerging Markets","volume":"35 1","pages":""},"PeriodicalIF":0.5,"publicationDate":"2020-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88441785","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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