文章基本信息

标题：The Effects of Unemployment on Economic Growth in Greece. An ARDL Bound Test Approach
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作者：Nikolaos Dritsakis ; Pavlos Stamatiou
期刊名称：The Romanian Economic Journal
印刷版ISSN：1454-4296
出版年度：2016
期号：62
页码：53
出版社：Editura ASE
摘要：The aim of this paper is to investigate the relationship between unemployment rate, economic growth and inflation rate in Greece, using annual data covering the period 1995-2015. The unit root tests results indicated that the variables have different integration order. Subsequently, the bounds testing (ARDL) approach and ECM-ARDL model are applied in order to examine the long-run and the causal relationship between the variables. The empirical results of the study revealed, both in the short and long-run, that there is a unidirectional causal relationship between unemployment and economic growth with direction from unemployment to economic growth, as well as a unidirectional causality running from inflation to economic growth
关键词：unemployment ; economic growth ; inflation ; ARDL ; Vector Error Correction Model .