文章基本信息

标题：Capacity Utilisation and Unemployment in Selected West Africa Countries
本地全文：下载
作者：Alaa M. Soliman
期刊名称：Theoretical Economics Letters
印刷版ISSN：2162-2078
电子版ISSN：2162-2086
出版年度：2017
卷号：07
期号：06
页码：1735-1746
DOI：10.4236/tel.2017.76117
语种：English
出版社：Scientific Research Publishing
摘要：The purpose of this research paper is to examine the proposition that capacity utilisation is an important factor in the determination of unemployment and wages. Underlying this proposition is the notion that capacity utilisation helps to determine the future path of the economy and is a significant factor in the response of the economy to different supply and demand shocks. We derived capacity utilisation and unemployment relationships, which were estimated and tested using data covering from 1997 to 2016 for three West Africa countries. The results suggest that long-term unemployment and capacity utilisation have a significant impact on unemployment. The policy implications of our findings are that in view of the strong effect of capacity utilisation on unemployment, programmes that enhance efficiency in production and investment enhancing policies may allow unemployed to regain access to the labour market.
关键词：NAIRU;Capacity Utilisation;Unemployment;West Africa