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Article
Publication date: 25 July 2024

Toan Khanh Tran Pham

Asian countries have had persistent unemployment levels. The purpose of this paper is to investigate the impact of government spending on unemployment. Furthermore, this paper…

Abstract

Purpose

Asian countries have had persistent unemployment levels. The purpose of this paper is to investigate the impact of government spending on unemployment. Furthermore, this paper investigates the moderating role of institutional quality on the government spending–unemployment nexus.

Design/methodology/approach

Using data from 35 Asian countries from 2000 to 2022, the dynamic ordinary least squares and fully modified ordinary least squares technique is used to tackle with aforementioned issue. In addition, pooled mean group estimation is applied to verify the robustness of the findings.

Findings

The results show that an increase in government expenditure and better institutions reduce the unemployment rate. Interestingly, the negative impact of government expenditure on unemployment will enhance and intensify with better institutional quality. Furthermore, trade openness and foreign direct investment decrease unemployment in Asian countries. The results are robust to various specifications.

Practical implications

Findings from this study provide important implications for governments. Governments should use public expenditure efficiently and enhance and improve institutional quality to reduce unemployment.

Originality/value

To the best of the author’s knowledge, this study pioneers the investigation of the moderating role of institutional quality in the relationship between government expenditure and unemployment in Asian countries.

Details

International Journal of Development Issues, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1446-8956

Keywords

Article
Publication date: 20 July 2022

Chukwuebuka Bernard Azolibe, Stephen Kelechi Dimnwobi and Chidiebube Peace Uzochukwu-Obi

In developing countries, banks play a major role by acting as a conduit for the effective mobilization of funds from the surplus sectors of an economy for onward lending to the…

Abstract

Purpose

In developing countries, banks play a major role by acting as a conduit for the effective mobilization of funds from the surplus sectors of an economy for onward lending to the deficit sectors for productive investments that will in turn increase the level of employment and economic growth. There has being a rising trend in unemployment rate in Nigeria and South Africa and hence, the need for the study to assess the effectiveness of banking system credit in curbing unemployment rate by making a comparative analysis of Nigeria and South Africa covering the period of 1991–2018.

Design/methodology/approach

The study employed the unit root test, Johansen cointegration test, vector error correction model and VAR impulse response function in determining the relationship between the variables.

Findings

The major findings revealed that banking system credit matters in curbing unemployment rate in South Africa than in Nigeria. Also, other macroeconomic factors such as lending rate, inflation rate, Government expenditure and population growth were significant enough in influencing unemployment rate in South Africa than in Nigeria. Foreign direct investment was a significant factor in reducing unemployment rate in Nigeria than in South Africa. The cointegration test showed a long-term relationship between the variables in both countries while the speed of adjustment coefficient of the vector error correction model is faster in South Africa than in Nigeria.

Originality/value

Previous empirical studies on the relationship between banking system credit and unemployment rate have focused much on other regions such as Asia and Europe. Thus, the study is unique as it focused on the African region and also made a comparative analysis by testing the Keynesian theory of employment, interest and money on two emerging African economies which are Nigeria and South Africa.

Details

Journal of Economic and Administrative Sciences, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2054-6238

Keywords

Open Access
Article
Publication date: 29 December 2023

Adetumilara Iyanuoluwa Adebo and Hanina Halimatusaadiah Hamsan

This paper is determined to examine the role of body image and materialism in predicting the identity exploration of university students when conspicuous consumption is a mediator…

Abstract

Purpose

This paper is determined to examine the role of body image and materialism in predicting the identity exploration of university students when conspicuous consumption is a mediator variable.

Design/methodology/approach

The study used a quantitative method. Data were collected from students of three federal universities in Nigeria. The sample size was 331. A self-report questionnaire was used to collect data and analysis was performed using the partial least squares structural equation modelling.

Findings

Findings reveal that materialism has a negative association in predicting the identity exploration of students. At the same time, there was a significant full and partial mediating effect of conspicuous consumption on the relationship between body image and materialism on identity exploration, respectively.

Research limitations/implications

The study provides valuable information for parents in understanding how conspicuous consumption may influence their children’s identity formation. The findings can also be helpful for educators in the design of discussions and interventions for students on the social-psychological antecedents of conspicuous consumption and identity exploration. Government and regulatory agencies can use the study’s findings to shape student financial literacy and consumer protection policies.

Originality/value

This study makes both theoretical and methodological contributions to the existing literature. It provided concrete empirical evidence establishing a subtle connection between the symbolic self-completion theory and the identity status paradigm. It is also amongst the first single research conducted within the scope of these two theories in the Nigerian higher education context.

Details

Arab Gulf Journal of Scientific Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1985-9899

Keywords

Article
Publication date: 30 July 2024

Najeb Masoud

The purpose of the study is to investigate the impact of artificial intelligence (AI), machine learning (ML), and data science (DS) on unemployment rates across ten high-income…

Abstract

Purpose

The purpose of the study is to investigate the impact of artificial intelligence (AI), machine learning (ML), and data science (DS) on unemployment rates across ten high-income economies from 2015 to 2023.

Design/methodology/approach

This study takes a unique approach by employing a dynamic panel data (DPD) model with a generalised method of moments (GMM) estimator to address potential biases. The methodology includes extensive validation through Sargan, Hansen, and Arellano-Bond tests, ensuring the robustness of the results and adding a novel perspective to the field of AI and unemployment dynamics.

Findings

The study’s findings are paramount, challenging prevailing concerns in AI, ML, and DS, demonstrating an insignificant impact on unemployment and contradicting common fears of job loss due to these technologies. The analysis also reveals a positive correlation (0.298) between larger government size and higher unemployment, suggesting bureaucratic inefficiencies that may hinder job growth. Conversely, a negative correlation (−0.201) between increased labour productivity and unemployment suggests that technological advancements can promote job creation by enhancing efficiency. These results refute the notion that technology inherently leads to job losses, positioning AI and related technologies as drivers of innovation and expansion within the labour market.

Research limitations/implications

The study’s findings suggest a promising outlook, positioning AI as a catalyst for the expansion and metamorphosis of employment rather than solely a catalyst for automation and job displacement. This insight presents a significant opportunity for AI and related technologies to improve labour markets and strategically mitigate unemployment. To harness the benefits of technological progress effectively, authorities and enterprises must carefully evaluate the balance between government spending and its impact on unemployment. This proposed strategy can potentially reinvent governmental initiatives and stimulate investment in AI, thereby bolstering economic and labour market reliability.

Originality/value

The results provide significant perspectives for policymakers and direct further investigations on the influence of AI on labour markets. The analysis results contradict the common belief of technology job loss. The study’s results are shown to be reliable by the Sargan, Hansen, and Arellano-Bond tests. It adds to the discussion on the role of AI in the future of work, proposing a detailed effect of AI on employment and promoting a strategic method for integrating AI into the labour market.

Details

Technological Sustainability, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2754-1312

Keywords

Article
Publication date: 20 September 2024

Domingo Valero, Ariane Froidevaux, Chunyu Zhang and María José González-López

This study explores the differences and similarities of work value profiles in samples of business students from four countries with markedly different cultures and labor markets.

Abstract

Purpose

This study explores the differences and similarities of work value profiles in samples of business students from four countries with markedly different cultures and labor markets.

Design/methodology/approach

We used multiple-group latent profile analysis (LPA) to explore the differences and similarities in work value profiles across cultures (n = 317 from Switzerland, n = 313 from Spain, n = 326 from the United States and n = 327 from China).

Findings

The latent profiles mostly show similarities across countries: the largest profiles are a want it all and a humble profile with overall high and intermediate levels in all work values. An overall low work value levels profile and one stressing high security and pay emerged in all countries except Switzerland. In the Swiss sample, two unique profiles emerged: the no status and freelancers profiles.

Practical implications

This study has implications for employee attraction, relations and career counseling with culturally diverse populations.

Originality/value

Studies on work values across cultures most often make direct comparisons between samples, which can lead to excessive emphasis on sometimes small differences. By first studying within-culture differences before comparing the results across cultures, we find that there may be more similarities than differences in work values across cultures and that cross-cultural differences may have often been overstated.

Details

Career Development International, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1362-0436

Keywords

Open Access
Article
Publication date: 2 September 2021

Amany Yashoa Gad

This paper aims to identify the level of contribution of different levels of education to remaining in unemployment as well as the transition from unemployment to employment in…

2355

Abstract

Purpose

This paper aims to identify the level of contribution of different levels of education to remaining in unemployment as well as the transition from unemployment to employment in Egypt.

Design/methodology/approach

In this paper, transition probabilities matrix differentiated by gender, age groups, educational levels, marital status and place of residence based on worker flows across employment, unemployment and out of labor force states during the period 2012–2018 using Egypt Labor Market Panel Survey of 2018. The results point to the highly static nature of the Egyptian labor market. Employment and the out of labor force states are the least mobile among labor market states. This is because employment state is very desirable and the out of labor force is the largest labor market states, especially for females. Also, this study examines the impact of different educational levels separately on remaining in unemployment and transition from unemployment to employment state using eight binary logistic regression models.

Findings

The main results of transitions from unemployment to employment are relatively large for males, elder-age, uneducated workers as well as workers who are not married and urban residents, and the results of the logistic regression models consistent with the transition probabilities matrix results, except for few cases. Based on the above findings, there is enough evidence to accept the null hypothesis that no education has a positive significant impact to transition unemployed individuals from unemployment to employment, while less than intermediate as well as higher education have a negative significant impact to transition unemployed individuals from unemployment to employment.

Originality/value

This paper proposes to address the problem of the unemployment among highly educated which is much higher compared with illiterates and try to understand the impact of different levels of education separately on the transition from unemployment to employment, to help the policymakers to eradicate the gap between education and the demand of the labor market in Egypt.

Details

Review of Economics and Political Science, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2356-9980

Keywords

Article
Publication date: 25 June 2024

Ali Fakih, Jana El Chaar, Jad El Arissy and Sara Zaki Kassab

This paper aims to investigate the impact of governance quality on total unemployment in general and female unemployment in particular in the Middle East and North Africa (MENA…

Abstract

Purpose

This paper aims to investigate the impact of governance quality on total unemployment in general and female unemployment in particular in the Middle East and North Africa (MENA) region, comparing the post-Arab Spring period to the pre-Arab Spring era.

Design/methodology/approach

A fixed-effects model was used to analyze data from 15 MENA countries from 2002 to 2019.

Findings

Our results generally indicate that following the Arab Spring, an enhancement in governance quality is linked with a reduction in unemployment in the MENA region, specifically in the Levant and GCC regions, with this reducing effect being stronger for female unemployment compared to total unemployment. Yet, this trend does not hold in North Africa, where government improvements do not result in better employment.

Originality/value

This study uniquely uncovers the different effects of governance quality on unemployment across sub-regions and sheds light on its significant implications on female unemployment. The findings offer valuable insights for policymakers interested in the relationship between governance quality and economic outcomes in the region.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-12-2022-0826

Details

International Journal of Social Economics, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 19 July 2024

Romanus Osabohien and Mamdouh Abdulaziz Saleh Al-Faryan

Though agriculture has the potential for job creation for the growing population; nevertheless, most Nigerian youth merely see the agricultural sector as a viable opportunity for…

Abstract

Purpose

Though agriculture has the potential for job creation for the growing population; nevertheless, most Nigerian youth merely see the agricultural sector as a viable opportunity for livelihood. In the quest for food security, as encapsulated in sustainable development goals (SDGs), youth participation in agriculture is essential to unlock the agricultural sector’s potential and ensure adequate food production.

Design/methodology/approach

This study examined the factors influencing youth involvement in agriculture and its impact on food security in Nigeria, using Ekiti and Kwara States. The study engaged a multi-stage random sampling approach. The first stage involved a purposeful selection of the states among youth in agriculture-related activities. The second stage involved randomly selecting five Local Government Areas (LGAs) from each state. The third stage involved a random selection of five communities in the selected LGAs, making it a total of 25 communities for each state. Finally, 20 households were selected per community. In total, 500 respondents were selected from each of the two states, making it a total of 1,000 respondents for the survey. The Foster-Greer-Thorbeck (FGT) analysis uses the logit regression and the Propensity Score Matching (PSM) techniques.

Findings

The results showed that a large proportion (about 95%) of the youth farmers in the study area fell below the food security line (N6448.45) and are food insecure. Findings from the PSM showed that youth in agriculture has no significant impact on food security. The findings from the logit regression showed that gender, age, level of education, land ownership, income, safety net or social protection and value chain are significant determinants of youth participation in agriculture.

Practical implications

This study contributes to the literature by examining the determinants of youth in agriculture and its impact on food security in Nigeria, using Ekiti and Kwara States, by engaging the FGT, logit regression and PSM.

Originality/value

This study contributes to the literature by examining the determinants of youth in agriculture and its impact on food security in Nigeria, using Ekiti and Kwara States, by engaging the FGT, logit regression and PSM.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-04-2021-0197

Details

International Journal of Social Economics, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 13 August 2024

Lulu P. Shi

Periodic economic instabilities and structural changes in the labour market have given rise to a variety of forms of job insecurity. This article compares the scarring effects of…

Abstract

Purpose

Periodic economic instabilities and structural changes in the labour market have given rise to a variety of forms of job insecurity. This article compares the scarring effects of different forms of job insecurity on future employment chances, and how they vary across education groups.

Design/methodology/approach

Using a sample of real vacancies and data collected in a vignette experiment with employers in Switzerland, a country with a strongly developed vocational education and training (VET) system, this article investigates how employers evaluate a period of unemployment, job hopping and work experience in deskilling jobs when hiring candidates.

Findings

The findings reveal that work in deskilling jobs is by far more scarring than unemployment or job hopping. The study also demonstrates that applicants with upper secondary vocational education are impacted the greatest by all three forms of job insecurity.

Originality/value

The study makes use of real vacancies. While experiments have the strength of high internal validity, most experimental studies in recruitment research rely on students as respondents. As this study works with real employers hiring for positions it benefits from high external validity.

Details

International Journal of Manpower, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0143-7720

Keywords

Open Access
Article
Publication date: 9 May 2024

Pateka Pamella Jama, Lesley Wood and Annah Ndlovu Nkomo

This study aims to explore the NEET (Not in Education, Employment and Training) experiences of young people living in impoverished settings.

Abstract

Purpose

This study aims to explore the NEET (Not in Education, Employment and Training) experiences of young people living in impoverished settings.

Design/methodology/approach

Methodologically, this study was informed by a qualitative analysis of visual and textual data related to a body mapping exercise with eleven young people who were participants in a four-day start-up workshop in a larger action research project.

Findings

The findings reveal that, although being NEET negatively affects young people’s self-esteem, confidence, hope for the future and general well-being, body mapping can help them discover latent assets useful for reducing their insecurities.

Originality/value

Researchers using this method need to be well prepared to deal with possible emotional trauma, and to this end, we provide some guidelines for the effective implementation of body mapping.

Details

Qualitative Research Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1443-9883

Keywords

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