External Trade Policy of Bosnia and Herzegovina: Effect on Unemployment

ĆENANOVIĆ, Tarik and ILGUN, Erkan (2013) External Trade Policy of Bosnia and Herzegovina: Effect on Unemployment. International Conference on Economic and Social Studies, 10-11 May, 2013, Sarajevo, 1 (1). ISSN 2303-4564

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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.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HE Transportation and Communications
H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
Divisions: Faculty of Economics > Management Department
Depositing User: Users 173 not found.
Date Deposited: 17 May 2013 08:57
Last Modified: 17 May 2013 08:57
URI: http://eprints.ibu.edu.ba/id/eprint/1610

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