Relationship between unemployment rate and shadow economy of selected mena countries: a toda -yamamoto and panel causality approach

Autor:	Rizgar Abdlkarim Abdlaziz, Faisal Ali Khurshid, Hatem Hatef Abdulkadhim Altaee
Rok vydání:	2020
Předmět:	Causality (physics) Granger causality Economy media_common.quotation_subject Unemployment Economics Unemployment rate North african General Medicine media_common Shadow (psychology)
Zdroj:	Qalaai Zanist Scientific Journal. 5
ISSN:	2518-6566 2518-6558
DOI:	10.25212/lfu.qzj.5.4.32
Popis:	This research is an attempt to investigate the causal relationship between the shadow economy and unemployment rate for selected Middle East and North African countries. The Toda -Yamamoto causality approach and panel Granger causality test are applied. The Toda -Yamamoto results reveal bidirectional causality for Algeria only. However, unidirectional causality running from unemployment to shadow economy found for Turkey and Qatar, the vice versa for Bahrain, Jordan, and Lebanon. Moreover, the panel Granger causality results show bidirectional causality for the MENA region when one and three lags are used. Nevertheless, unidirectional causality running from the shadow economy to the unemployment rate is found when two, four, and five lags are used.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::164f4508d21552a001233b6a28b843fd https://doi.org/10.25212/lfu.qzj.5.4.32 Zobrazit plný text záznamu