sh.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • harvard-anglia-ruskin-university
  • apa-old-doi-prefix.csl
  • sodertorns-hogskola-harvard.csl
  • sodertorns-hogskola-oxford.csl
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Unemployment Disparities in Southern Africa: Empirical Evidence from Southern African Development Community Member States
Södertörn University, School of Social Sciences, Economics.
2022 (English)Independent thesis Advanced level (degree of Master (One Year)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

The unemployment rate is one of the most important indicators of economic growth. Reducing unemployment is crucial to ensuring inclusive growth in a country. This paper analyses the relationship between the unemployment rate and other macroeconomic variables in the Southern African Development Community (SADC). The purpose of the study is to compare and understand the observed unemployment disparities between southernmost and the rest of the SADC countries. It draws on the theoretical framework of the Phillips curve and Okun's law and uses static panel data and fully modified ordinary least squares techniques (FM-OLS) to estimate the empirical model. Annual data for the period 1991 to 2020 are used. Analyses are conducted both at the aggregate SADC data level and at the subgroup level, i.e. at the Southern African Customs Union (SACU) and non-SACU country levels. Diagnostic tests are conducted to ensure the robustness of the models. The empirical results of this study show that labour productivity, external debt and population have significant effects on unemployment across the SADC region. Inflation, labour productivity and population have significant effects in SACU, while external debt, labour productivity and population have significant effects in non-SACU countries. Gross domestic product (GDP) growth and foreign direct investment (FDI) have mixed but insignificant effects on the unemployment rate, indicating a low employment elasticity of growth in the region.

Place, publisher, year, edition, pages
2022. , p. 36
Keywords [en]
Unemployment rate, Southern Africa, SADC, SACU, panel data
National Category
Economics
Identifiers
URN: urn:nbn:se:sh:diva-49643OAI: oai:DiVA.org:sh-49643DiVA, id: diva2:1685018
Subject / course
Economics
Supervisors
Examiners
Available from: 2022-08-01 Created: 2022-07-31 Last updated: 2022-08-01Bibliographically approved

Open Access in DiVA

fulltext(559 kB)731 downloads
File information
File name FULLTEXT01.pdfFile size 559 kBChecksum SHA-512
c774f37e13ce63fbaa3748986675c3884168e5e36d3070b45679969758e0a6b4b09e06ec41dcedffe573a3581f2c315bbb2cb2c186f118987cb4f230800023a8
Type fulltextMimetype application/pdf

By organisation
Economics
Economics

Search outside of DiVA

GoogleGoogle Scholar
Total: 741 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 674 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • harvard-anglia-ruskin-university
  • apa-old-doi-prefix.csl
  • sodertorns-hogskola-harvard.csl
  • sodertorns-hogskola-oxford.csl
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf