Jurnal Ekonomi dan Studi Pembangunan (JESP)
Vol 11, No 1 (2019)

Relationship Between Growth and Unemployment in Petroleum Exporting Countries: Case of Congo

Idrys Fransmel Okombi (Marien NGOUABI University, Congo-Brazzaville)



Article Info

Publish Date
26 Mar 2019

Abstract

The purpose of this article is to examine relation between growth and unemployment in Congo. To this, the error correction model ARDL is used. The estimation results show the existence of relation significantly negative between growth and long term unemployment on the period 1991.Q1-2016.Q1. Such a result accounts an unemployment existence of a structural character in Congo. In this regard, the resolution of unemployment problem in Congo goes through the policies of the offer. In other words, the Congolese government must put in place policies aiming to increase productivity of production factors. To be specific, the government can favor the augmentation of a prospective GDP, urging companies with important manpower to invest, by an increase of productive public investment. Keywords: growth, employment, ARDL, CongoJEL Classification: E23, E24, C32, 055

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Journal Info

Abbrev

JESP

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi dan Studi Pembangunan focuses on scientific papers related to development economics include critical analysis of economic development issues, local economic development, community economic development, economic growth, international trade and finance, fiscal and monetary policy, ...