El impacto del crecimiento económico sobre el desempleo: un estudio para América Latina, utilizando técnicas de cointegración y causalidad con datos panel, período 1990-2020

The following research determines the long-term, cause-effect relationship and causality between unemployment and economic growth in 17 Latin American countries, divided by income levels during the period 1990-2020, due to the high unemployment rates and the difficulty of sustaining a pattern of eco...

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Hlavní autor: Vásquez Quille, Carlos Andrés (author)
Médium: bachelorThesis
Jazyk:spa
Vydáno: 2022
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On-line přístup:https://dspace.unl.edu.ec/jspui/handle/123456789/24979
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Shrnutí:The following research determines the long-term, cause-effect relationship and causality between unemployment and economic growth in 17 Latin American countries, divided by income levels during the period 1990-2020, due to the high unemployment rates and the difficulty of sustaining a pattern of economic growth in Latin America where unemployment averages 6.6%, while the average economic growth is reduced to 8.97 billion in the year 2020, information collected by using panel data from the World Bank (2021); to determine the relationship of the variables, a GLS model and the GMM method were used; similarly, to estimate the cointegration relationship, the tests Westerlund (2007) and FMOLS, as well as the causality test of Dumitrescu and Hurlin (2012) were used. It was found that there is a correlation between economic growth and unemployment. Likewise, the effect of economic growth on unemployment is indeed negative. Likewise, there is a long-term relationship between all the variables applied to the model and, in terms of causality, it was found that there is unilateral causality among unemployment, economic growth, the human development index, and inflation. Therefore, based on the results obtained, the following policies can be applied in order to reduce unemployment rates in Latin America: first, sign treaties and agreements with neighboring countries; second, reduce the tax burden as an attractive means for investment; third, create training centers to have a constantly specialized population.