Trade Openness And Its Impact on Unemployment and Inflation Rates of The Iraqi Economy: An Econometric Study
DOI:
https://doi.org/10.31150/ajebm.v8i7.3826Keywords:
Trade Openness, Unemployment, Inflation Rates, Iraqi EconomyAbstract
The research aims to explain and analyze the relationship between trade openness and unemployment and inflation rates, as they are economic variables, On this basis, the VECM error correction model was used based on data on openness, unemployment, and inflation for the period 2004-2022, and it was concluded that there is a long-term relationship between trade openness and unemployment and inflation rates, as well as the model being free of the problem of heterogeneity of variance, because the probability value of the chi-sq was (0.4811) which is greater than (0.05) and on this basis we accept the null hypothesis and reject the alternative hypothesis, and then a group was reached Of conclusions and recommendations.
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