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To Stay or to Go? Sources of Domestic Support for Foreign Direct Investment in Kenya
This paper investigates the impact between international trade wherein imports, exports, and foreign direct investment are the key measures of international trade and the unemployment rate in the Philippines. It is a time series data analysis from 1991 to 2021 with a total of 31 observations to explore how changes in international trade activities affect the level of unemployment in the country. By explaining the complex dynamics that explain the relationship between labor market dynamics and foreign trade operations within the framework of the Philippine economy, the research seeks to add to the pool of economic literature. The Ordinary Least Square (OLS) regression is employed in the study of different statistical methods and appropriate econometric models to investigate any relationships and significance between the number of imports and exports, the inflow of foreign direct investment, and the unemployment rate. . The results indicate that Imports, Exports, and FDI have a positive and negative impact on the Unemployment Rate. In addition, they all have a significant relationship with HDI.
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