文章基本信息

标题：The Impact of Unemployment Rate on Productivity Growth in Nigeria: An Error Correction Modeling Approach
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作者：AMASSOMA, Ditimi ; NWOSA, Philip Ifeakachukwu
期刊名称：Journal of Economics and Sustainable Development
印刷版ISSN：2222-2855
电子版ISSN：2222-2855
出版年度：2013
卷号：4
期号：9
页码：90-103
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：This paper examined the relationship between unemployment rate and productivity growth in Nigeria for the period 1986 to 2010. The study utilized co-integration and error correction model approach. Although the unit root tests showed that the variables were integrated of different orders, the Johansen co-integration result showed that the variables were co-integrated. The regression estimate based on the short run and long run models showed that unemployment rate has an insignificant influence on productivity growth in Nigeria over the study period. Based on these findings, this study recommended that there is still the need for government to take urgent steps against the rising unemployment rate, because unemployment is a major impediment to social progress and results in waste of trained manpower.
关键词：Unemployment; Error correction modelling; Productivity growth