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Okun's law. However, in transition and emerging markets economies' context, the output-employment nexus has a much more … transition) countries to find out a discrepancy between the output and employment growth. Therefore, the employment elasticity … satisfactory employment growth, which is commonly referred to as a "jobless growth" hypothesis. Accordingly, this paper attempts to …
Persistent link: https://www.econbiz.de/10012619838
with children. Structural unemployment is also explained by the lack of skills required to find employment in the Irish …
Persistent link: https://www.econbiz.de/10011577725
In this study, we use Okun’s Law to examine whether growth has been jobless in seventeen MENA countries. The methods used are the ARDL approach for the individual country and the panel data analysis for the entire sample. The period considered in this study is from 1980 to 2013. To test for...
Persistent link: https://www.econbiz.de/10011635846
Since the industrial revolution, technological innovations have enabled rise in productivity, employment, standard of … living and the tota l population several times. In the last 15 years productivity growth ha s slowed-down in the most of … expected to trigge r a slight acceleration in productivity, while explosive growth i n productivity, as predicted by some th …
Persistent link: https://www.econbiz.de/10012522848
employment rate, whereas an increase of general government consolidated gross debt has a negative effect for employment rate as …
Persistent link: https://www.econbiz.de/10014137022
We estimate the elasticity of private-sector employment to non-oil GDP in the Gulf Cooperation Council (GCC) for GCC … nationals and expatriates using a Seemingly Unrelated Error Correction (SUREC) model. Our results indicate that the employment …
Persistent link: https://www.econbiz.de/10013015593
very important-but specific-function in the economy. They engender relatively much employment creation, productivity growth … answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation …, and (iii) productivity and growth, relative to the contributions of the entrepreneurs’ counterparts, i.e., the ‘control …
Persistent link: https://www.econbiz.de/10011372984
This paper, empirically, tests the validity of Okun’s law in Nigerian economy from 1980-2012. The two versions of the difference model approach of the Okun’s law are used even though one of them is frequently used in the literature. We utilize Var-cointegration method and examine the...
Persistent link: https://www.econbiz.de/10009788571
In this paper, we analyze, by means of the difference version of Okun's law, the relationship between tourism sector growth and unemployment in Mexico during the period 2000Q2-2018Q4. The results show that tourism growth is a palliative for unemployment, whereas unemployment reduces the growth...
Persistent link: https://www.econbiz.de/10012131891
We investigate the relationship between unemployment and growth in China. We find considerable differences in the nature of this relationship across Chinese regions. We argue that this may reflect the different progress in transition across regions, in line with the Aghion-Blanchard model of...
Persistent link: https://www.econbiz.de/10010189833