scholarly journals Economic Growth and Labour Market Dynamics in Nigeria: Further Evidence from ARDL Bound Testing

Author(s):  
Mukhtar Shuaibu ◽  
Shafiu Ibrahim Abdullahi ◽  
Muhammad Muazu Yusuf ◽  
Mustapha Yusufu

Recently the phenomenon of jobless growth has become common, defying the famous Okun law which predicted increase in job with increase in economic growth. Many factors have been advanced as explanations for this, most prominent of which are changes in the labour market and lopsidedness in economic growth. This paper is an attempt to measure labour market dynamics in Nigeria focusing on the relationship between economic growth and unemployment. The paper used data from 1991 to 2020 and employed GMM and ARDL models to analyze the data. Unlike the Okun law which prophesies negative relationship between unemployment and economic growth, the result from this analysis show that there is positive relationship between unemployment and economic growth, confirming the existence of the phenomenon of jobless growth in Nigeria. The paper recommended structural changes in the economy and the labour market.

Author(s):  
Ibrahim Orkun Oral

This chapter examines the impact of democratization and economic freedom on economic growth. For this purpose, according to the classification issued by the World Bank, three groups of countries, developed, developing, and underdeveloped, were included in the study. The impact of democratization and economic freedom on economic growth was tested by panel data analysis in the period of 1995-2012. As a result of the analysis, the relationship between democracy-economic freedom and economic growth has been different according to country groups. While there was a positive relationship between economic growth and democracy-economic freedom in developed and underdeveloped countries, a negative relationship was found in the developing country group.


2022 ◽  
Vol 14 (3) ◽  
pp. 1
Author(s):  
Edward Alabie Borteye ◽  
Williams Kwasi Peprah

The study confirms the debate on whether stock market development correlates to economic growth. The dimensions used for the stock market development consisted of market liquidity, size, and capitalization. Economic growth was represented by the real gross domestic product (GDP) growth rate. Based on secondary data obtained from the Ghana Stock Exchange (GSE) and Ghana Statistical Service from 2014 to 2018, a correlational research design was adopted to analyze the data with SPSS 20v by using bivariate and regression. The study found that there is a high positive relationship between market liquidity and economic growth, a moderate negative relationship between market size and economic growth, and a moderate positive relationship between market capitalization and economic growth. Also, the stock market development of market liquidity, size, and capitalization predict 95.7 percent of economic growth. The study summarized that there is a high positive association between stock market development and economic growth as a confirmatory revelation, but all the relationship results were not statistically significant. The result points to the casualty of the relationship between stock market development and economic growth. The study recommends that more firms must be encouraged to be listed on GSE to enhance economic growth in Ghana.


Author(s):  
Katrin Böttcher ◽  
Anne-Grit Albrecht ◽  
Laura Venz ◽  
Jörg Felfe

Demographic and labour market changes increase the need to enhance the employability of employees across all ages. The purpose of this study is to explore the role of transformational leadership in employees’ employability. While we hypothesised that age is negatively related to perceived internal and external employability, we expected a positive relationship for transformational leadership, and that transformational leadership would moderate the relationship between age and employability. Hypotheses were tested using a sample of 1006 employees in the German automotive industry. Results show age to be negatively related to internal and external employability, with both relationships being comparably strong. Transformational leadership was positively related to internal and external employability, with the relationship with internal employability being stronger. Moreover, transformational leadership buffered the negative relationship between age and internal employability. These results suggest that transformational leadership is crucial in protecting lifetime employability and that it should be promoted.


Economies ◽  
2021 ◽  
Vol 9 (4) ◽  
pp. 146
Author(s):  
Agung Suwandaru ◽  
Thamer Alghamdi ◽  
Nurwanto Nurwanto

The purpose of this paper is to find the relationship between public expenditure in the educational sector and the economic growth in Indonesia since the government decided to spend 20% of the state budget on education. We used time series data from 1988 to 2018 and the Cobb–Douglas production function as an economic theory for measurement. In the methodology, we employed Autoregressive Distributed Lag bound tests to find the relationship between variables. The results show that public expenditure on education has an insignificant relationship in the long- and short-term estimation. However, they both have different directions, which is a positive relationship in long-term and a negative relationship in short-term estimation. Meanwhile, gross fixed capital formation shows a positive relationship, and the labour variable has a negative relationship in the short and long terms. In conclusion, the Indonesian government should manage the education system regarding the relationship between education expenditure and economic growth.


2021 ◽  
pp. 009164712199240
Author(s):  
Noah S. Love ◽  
Cassidy A. Merlo ◽  
M. Elizabeth Lewis Hall ◽  
Peter C. Hill

The present study examined attachment to God and quest as potential moderators of the relationship between religious doubt and mental health. A sample of Christian participants ( N = 235) completed a survey which included measures of attachment to God, quest, religious doubt, and mental health. As hypothesized, attachment to God and quest significantly moderated an individual’s experience of religious doubt. Low avoidant attachment to God (i.e., a more secure attachment) was associated with a more negative relationship between cognitive religious doubt and positive mental health than high avoidant attachment. In contrast, low avoidant attachment to God also ameliorated the positive relationship between affective religious doubt and mental health problems. Low anxious attachment was associated with a stronger negative relationship between both measures of religious doubt (i.e., cognitive and affective) and positive mental health. In addition, high soft quest weakened all four of the relationships between measures of religious doubt and mental health. High hard quest ameliorated the positive relationship between both measures of religious doubt and mental health problems. These results indicate that an individual’s attachment to God and the way an individual is oriented toward religion each play a role in the mental health outcomes associated with religious doubt.


2020 ◽  
Vol 24 (1) ◽  
pp. 1
Author(s):  
Rahmat Hidayat, Farah Margaretha Leon

This study aims to analyze the green CSR  of innovation performance  with firms approval variables  and public visibility   can support moderating the relationship of green CSR  and innovation. The research sample was 33 manufacturing companies. The results showed that the  green CSR has a positive and significant effect on innovation . Also, the company approval variable has been proven to moderate the direction of a positive relationship between green CSR and innovation . The results also prove that public visibility is proven to moderate the direction of the negative relationship between green CSR and performance. This study provide information that shows great concern for the environment; it will increase the company in making changes through innovation activities. Also, the higher the company's approval and public visibility, the company will get support from various stakeholders to run the firms. The level of company concern for CSR activities will be a misjudgment for investors.


2007 ◽  
Vol 8 (4) ◽  
pp. 561-577 ◽  
Author(s):  
Jim Malley ◽  
Hassan Molana

Abstract We construct a stylised model of the supply side with goods and labour market imperfections to show that an economy can rationally operate at a low-effort state in which the relationship between output and unemployment is positive. We examine data from the G7 countries over 1960-2001 and find that only German data strongly favour a persistent negative relationship between the level of output and rate of unemployment. The consequence of this is that circumstances exist in which market imperfections could pose serious obstacles to the smooth working of expansionary and/or stabilisation policies and a positive demand shock might have adverse effects on employment.


Author(s):  
Filiz Eryılmaz ◽  
Hasan Bakır ◽  
Mehmet Mercan

The relationship between financial development and economic growth has been the subject of considerable debate in development and growth literature. Therefore this chapter provides evidence on the role of financial development in accounting for economic growth in 23 OECD countries (Italy, Japan, Luxemburg, Holland, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, England, USA, Australia, Austria, Belgium, Canada, Denmark, Finland, Turkey, France, Germany, Greece, Iceland) via panel data analysis using the annual data for the period 1980-2012. The authors find a positive relationship between financial development and economic growth for all countries. Also this result means that financial development leads economic growth in these countries. So the results may help policymakers formulate effective financial sector policies as a tool to promote economic growth.


2019 ◽  
Vol 1 (1) ◽  
Author(s):  
F El Moustaid ◽  
S J Lane ◽  
I T Moore ◽  
L R Johnson

Abstract The Cort-Fitness Hypothesis has generated much interest from investigators integrating field endocrinology with evolutionary biology, ecology, and conservation. The hypothesis was developed to test the assumption that if glucocorticoid levels increase with environmental challenges and fitness decreases with environmental challenges, then there should be a negative relationship between baseline glucocorticoid levels and fitness. Indeed, studies across diverse taxa have found that the relationship between baseline glucocorticoid levels and fitness are not consistent: some studies show a positive relationship, others negative, and some show no correlation. Hence, a deeper understanding of the mechanisms underlying the relationship between baseline glucocorticoid levels, environmental challenges, and fitness is needed. We propose a mathematical model representing the links between baseline glucocorticoid levels, environmental challenges, and fitness. Our model describes how variation in the predictability and intensity of environmental challenges, reproductive strategies, and fitness metrics can all contribute to the variability observed in empirical tests of the Cort-Fitness Hypothesis. We provide qualitative results showing that much of the inconsistency in previous studies can be explained and we discuss how the model can be used to inform future Cort-Fitness studies.


2018 ◽  
Vol 5 (1) ◽  
pp. 19-25
Author(s):  
Md Shiduzzaman ◽  
Humyra Akhter ◽  
Mohammad Bashir Ahmed ◽  
Md Matiul Islam

Vermicompost is very useful manure which is becoming popular day by day. However, its perception by the farmers is not yet assessed in the southwestern region of Bangladesh. The main objectives of this study were to determine the farmers’ perception of beneficial effects and limitations of vermicompost and to explore the relationship between selected characteristics of the farmers’ and their perception of beneficial effects and limitations of vermicompost. Data were collected using an interview schedule from randomly selected 60 respondents. Locale was three villages namely Lokhpur, Bollokhpur and Vobna under Fakirhat upazila of Bagerhat district. Faceto- face interview was conducted during 7 to 29 May, 2016. Farmers’ perception regarding the beneficial effects and limitations of vermicompost was measured using 5- point Likert type scale. Data were analyzed using SPSS software and farmers’ perception index was calculated. Majority (66.7 percent) of the respondents had moderate perception while 18.3 percent and 15 percent of them had less and high perception, respectively, on the beneficial effects and limitations of vermicompost. Among seven selected characteristics of the respondents, age showed a significant negative relationship with their perception of beneficial effects and limitations of vermicompost while training experience of the respondents showed a significant positive relationship with their overall perception. Thus, arrangement of training could pave the way of high perception of beneficial effects and limitations of vermicompost.Res. Agric., Livest. Fish.5(1): 19-25, April 2018


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