dc.description.abstract | This paper analyzes the relationship between unemployment and its impact on economic growth
in Bangladesh. We have tested the relation between unemployment and economic growth using a
panel data covering four South-Asian counties including Bangladesh for over 20 years. The
result has been found that the economic growth has significant effect on unemployment and there
is a negative relationship between economic growth and unemployment. The model is adopted
for testing relationship is the Fixed and Random Effect Model, Hausman test, using Breusch-
Pagan LM test of independence (testing for Cross-Sectional Dependence), Pesaran Test and
Wald test (Modified Wald Test). We have tried to compare four South-Asian countries’ like
India, Pakistan, Nepal and Bhutan situation of unemployment with Bangladesh for the time
period 1990-2010. We have suggested some recommendations to reduce the impact of this
problem. | en_US |