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Employment and Economic Growth Nexus in Nigeria
| Content Provider | Semantic Scholar |
|---|---|
| Author | Ayoyinka, Oluyomi Isaiah, Oluranti |
| Copyright Year | 2011 |
| Abstract | This paper examines the employment and economic growth relationships in the Nigerian economy. A simple model of employment was formulated and estimated using the Ordinary Least Squares technique before and after the time series data used for the study were corrected for non-stationarity using Hodrick-Prescott filter. The result of our econometric analysis shows that a positive and statistically significant relationship exists between employment level and economic growth in Nigeria while a negative relationship was observed between employment growth rate and the GDP growth rate in the economy. We concluded the paper by advocating for increased labour-promoting investment strategies that will help to reduce the high current open unemployment in Nigeria. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://eprints.covenantuniversity.edu.ng/523/1/Employment_and_Growth_In_Nigeria_ijbss.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
