Beyond Borders: Understanding How Globalization Affects Employment in Pakistan
DOI:
https://doi.org/10.61506/01.00168Keywords:
Globalization, Employment,, InvestmentAbstract
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.
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