External Trade Policy of Bosnia and Herzegovina: Effect on Unemployment

Dublin Core

Title

External Trade Policy of Bosnia and Herzegovina: Effect on Unemployment

Author

ĆENANOVIĆ, Tarik
ILGUN, Erkan

Abstract

This study investigates the impact of external trade of unemployment in B&H from 2007 to 2012 on monthly basis. Data for unemployment and international trade is collected from “Agency for statistics in B&H”. Analyze is done in SPSS, firstly is made calculations in descriptive statistics to show minimum, maximum and average unemployment, export, import and trade deficit. Then it is used regression analysis, in whose model unemployment is dependent variable, while export, import, trade deficit, minimum wages, net salaries, GDP, inflation rate and industrial production growth rate are independent variables. Result showed that export, minimum wages, net salaries, GDP, inflation rate and industrial production growth rate are effecting unemployment. This analysis should help government and CEO to improve export, GDP, inflation, industrial production, salaries and to reduce import and unemployment. Keywords: International Trade, Export, Import, Labor Market, Unemployment, GDP, Wages, Inflation.

Keywords

Article
PeerReviewed

Identifier

ISSN 2303-4564

Publisher

International Burch University

Date

2013-05-10

Extent

1610

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