THE RELATIONSHIP BETWEEN GROWTH AND EMPLOYMENT INTENSITY: EVIDENCE FOR DEVELOPING COUNTRIES

Journal Title: Asian Economic and Financial Review - Year 2015, Vol 5, Issue 4

Abstract

The main objective of this paper is to contribute to the literature on employment-GDP elasticities by assessing the determinants of cross-country variations in employment elasticities, focusing particularly on the role of demographic and macroeconomic variables. Long-term employment?GDP elasticities are estimated using an unbalanced panel of 90 developing countries from 1991 to 2011 using a two steps estimation strategy. The most important results are: (i) Elasticity estimates vary considerably across countries. (ii) Employment elasticities tend to be higher in more advanced and closed countries. (iii) Macroeconomic policies aimed at reducing macroeconomic (price) volatility are found to have significant effect in increasing employment elasticities. (vi) Employment intensity of growth tends to be higher in countries with a larger service sector. (v) Countries with a higher share of urban population are typically characterized by larger employment elasticities.

Authors and Affiliations

Sarra Ben Slimane| Assistant Professor, Faculty of Business Administration, University of Tabuk, KSA, and LEFA HEC Carthage, Tunisia

Keywords

Related Articles

REGIONAL INTEGRATION AND FOREIGN INVESTMENT: THE CASE OF ASEAN COUNTRIES

The importance of regional integration in stimulating foreign direct investment cannot be overemphasized. With a special focus on the ASEAN countries, this research paper investigates the role of regional integration in...

GLOBALIZATION AND ECONOMIC GROWTH: THE CASE STUDY OF DEVELOPING COUNTRIES

The aim of this study is to investigate the effect of dimensions of globalization on economic growth in 100 developing countries using panel data. The globalization index used is KOF and period of study is 1970-2014.The...

Energy Consumption and Economic Growth: A Disaggregate Approach

This paper attempts to examine the long run as well as short run relationship between Pakistan’s real GDP and energy consumption at sectoral level. The analysis is based on the time series data from 1977 to 2010. We esti...

THE USAGE OF INTERNET BANKING EVIDENCE FROM JORDAN

The huge technological development in banking sector forced the Jordanian banks to cope with these changes in order to gain a sustainable competitive advantage. Banks in Jordan have adopted internet banking since 2000. D...

THE INFLUENCE OF CORPORATE GOVERNANCE IN CHINESE COMPANIES ON DISCRETIONARY ACCRUALS AND REAL EARNINGS MANAGEMENT

This study investigates the influence of ownership structure and board characteristics on discretionary accruals and real earnings management using the data of A-shares in Chinese Shanghai and Shenzhen Stock Exchange Sec...

Download PDF file
  • EP ID EP2196
  • DOI -
  • Views 422
  • Downloads 32

How To Cite

Sarra Ben Slimane (2015). THE RELATIONSHIP BETWEEN GROWTH AND EMPLOYMENT INTENSITY: EVIDENCE FOR DEVELOPING COUNTRIES. Asian Economic and Financial Review, 5(4), 680-692. https://europub.co.uk/articles/-A-2196