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The trends of labor market in Bangladesh and its determinants

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  • S. M. Woahid, Murad

Abstract

In this paper, we have tried to find out specially the features of unemployment-underemployment scenario. As we know, like auction market labor market is not perfectly competitive. For various heterogeneities, it has some distinct features. In Bangladesh, unemployment and underemployment problems arrive due to the lack of effective demand for labor. Hence, in this paper we desire to focus the demand determinants of labor in Bangladesh. In this case, we have emphasized on manufacturing sector, which is the emerging sector of Bangladesh economy both from the employment generation and from economic growth perspectives. To estimate the demand determinants we have used ARDL model where the estimation period is from 1980 to 2002.

Suggested Citation

  • S. M. Woahid, Murad, 2009. "The trends of labor market in Bangladesh and its determinants," MPRA Paper 32381, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:32381
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    References listed on IDEAS

    as
    1. Mahmud , Wahiduddin, 1996. "Employment Patterns and Income Formation in Rural Bangladesh: The Role of Rural Non-farm Sector," Bangladesh Development Studies, Bangladesh Institute of Development Studies (BIDS), vol. 24(3-4), pages 1-27, Sept-Dec.
    2. Fiona Tregenna, 2008. "The Contributions Of Manufacturing And Services To Employment Creation And Growth In South Africa," South African Journal of Economics, Economic Society of South Africa, vol. 76(s2), pages 175-204, August.
    3. Iyanatul ISLAM, 2005. "Circumventing macroeconomic conservatism: A policy framework for growth, employment and poverty reduction," International Labour Review, International Labour Organization, vol. 144(1), pages 55-84, March.
    4. Ahmed, Iqbal, 1981. "Wage Determination in Bangladesh Agriculture," Oxford Economic Papers, Oxford University Press, vol. 33(2), pages 298-322, July.
    5. Hossain, Mahabub, 1988. "Nature and impact of the Green Revolution in Bangladesh:," Research reports 67, International Food Policy Research Institute (IFPRI).
    6. Robert E. Hall, 1970. "Why Is the Unemployment Rate So High at Full Employment?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 1(3), pages 369-410.
    7. Varma , Sona & Kumar, Praveen, 1996. "Rural Non-farm Employment in Bangladesh," Bangladesh Development Studies, Bangladesh Institute of Development Studies (BIDS), vol. 24(3-4), pages 75-102, Sept-Dec.
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    More about this item

    Keywords

    Unemployment; ARDL; Manufacturing Sector;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions

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