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TO STUDY THE EFFECT OF UNEMPLOYMENT IN SEVERAL SECTORS USING STATISTICAL METHODS


Tejaswi S.Kurane,Prakash S. Chougule,Shaeen R. Mujawar,Mohan L. Bodake, Anand S. Bhagat, Nikhil N. Patil , Suraj R. Chougule ,Kishor B. More
Associate Professor, Rajarshi Chhatrapati Shahu College,Kolhapur
Abstract
There are few studies on unemployment duration in developing countries. This is the first study on duration aspect of unemployment in India. We use the result of the Household Labor Force Surveys of 2000 and 2001 to construct a cross-section of durations of unemployment spells. We analyze the determinants of probability of leaving unemployment or the hazard rate. The effects of the personal and household characteristics and the local labor market conditions are examined. Non-Parametric and parametric estimation methods are used.Unobserved heterogeneity was not significant. Two alternative definitions of unemployment are considered. The analyses are carried out for men and women separately. Our results indicate that women are experiencing higher unemployment durations than men. Age has a negative and education has a positive effect on the hazard rate. The effect of the local unemployment rate is large and negative. Duration dependence of the exit rate from unemployment is different for men and women. For men, there is slight U-shaped duration dependence, while for women there is no duration dependence.
Keywords: Graphical Representation, Testing of Hypothesis, ANOVA, Level of significance
Journal Name :
EPRA International Journal of Multidisciplinary Research (IJMR)

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Published on : 2022-03-15

Vol : 8
Issue : 3
Month : March
Year : 2022
Copyright © 2024 EPRA JOURNALS. All rights reserved
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