Relationship between Economic Growth, Unemployment and Poverty: Analysis at Provincial Level in Vietnam

Abstract

This empirical study analyzes the relationship between economic growth, unemployment and poverty at provincial level in Vietnam. The study is conducted on a sample of 245 year observations in 63 Vietnam provinces for the period of 2012-2015. The research results show that: Firstly, public investment has a positive impact on economic growth. Secondly, poverty, and export & import have a negative impact on unemployment. Thirdly, public investment has a significant and positive impact on unemployment. Fourthly, unemployment; export & import; and public investment have a negative impact on poverty. On the basis of our findings, we suggest 03 groups of recommendations for sustainable economic growth, poverty reduction, and unemployment reduction of Vietnam provinces.

The Determinants of Inclusive Economic Growth in Yogyakarta

“…This of course will increase economic growth. The results of this study are in line with the research of Quy (2016) and Rambeli et al (2016) where exports of goods/services and an increase in labor had a positive and direct impact on economic growth. This study also shows that a 1% increase in foreign and domestic investment can increase Gross Regional Domestic Product by 0.026581% with the assumption of ceteris paribus.…”

Growth, Unemployment and Its Implication on Poverty: Empirical Study in Districts/Cities of South Sumatera Province

“…This study will carry out a regression model to identify the determinants of unemployment and poverty in terms of household environmental health indicators. The use of multiple regression model to determine unemployment and poverty correlates of income per capita, government expenditure, private investment and population has wider conduct by Quy (2016).The model built in this research was as follows:…”

“…Sustainable economic growth has a significant impact on poverty reduction. This sustainable and long-term growth is expected to affect all sectors, including an increase in the number of productive workers (Quy 2016). According to Datt and Ravallion (2002), in order to overcome the problem of poverty, high per capita income growth can occur faster than required.…”

“…Income per capita growth is an important macroeconomic indicators used for measuring development accomplishment of a nation in a particular period (Quy, 2016;Mulok et al 2012). Income per capita growth is the prime origin in poverty alleviation.…”

Poverty in Rural Areas : an Outline of the Problem

“…Poverty and social exclusion have been the subjects of numerous empirical analyses [Rowentree 1901, Townsend 1979, Sen 1981, Atkinson 1987, Jarosz 2013, Tarkowska 2013, Galor et al 2014, Golinowska 2018, Łuczak and Kalinowski 2020 due to the fact that a significant part of society is still unable to satisfy its basic needs. So far the authors of publications have recognised the following main groups of people to be threatened by poverty: the unemployed [Stiglitz 2009, Kryńska and Kwiatkowski 2010, ILO 2016, Quy 2016, Healy 2017, people with flexible forms of employment, known as the precariat [Standing 2014], the disabled [Emerson 2007, Kowalczyk et al 2007, Golinowska and Sowa 2012, the poorly educated [Connelly et al 2014, Serneels andDercon 2014], elderly people [Kubicki 2013, Kałuża andSzukalski 2014], children [Warzywoda-Kruszyńska 2012, OECD 2015, UNICEF 2016, women [Lister 2007, European Commission 2017 and the rural population [Kalinowski and Łuczka-Bakuła 2007, Binder 2014, Kalinowski 2015.…”