YOUTH PARTICIPATION IN THE LABOUR FORCE AND PRODUCTIVITY IN NIGERIA

BADA, Oladejo Tokunbo and OLANIRAN-AKINYELE, Olabisi Fatimah (2019) YOUTH PARTICIPATION IN THE LABOUR FORCE AND PRODUCTIVITY IN NIGERIA. In: School of Management Studies 10th National Conference, 13-16 August 2019, The Federal Polytechnic, Ilaro.

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Abstract

This paper investigated the significance of youth empowerment in promoting productivity in Nigeria. Annual data from 1980-2017 on female labour force participation rate, male labour force participation rate and total labour force participation rate between the ages of 15 to 24 using the International Labour Organisation (ILO) modelled estimates for the country were collated. Real gross domestic product was employed as a proxy for productivity. The main objective of this study was to examine the impact of youth empowerment on productivity in Nigeria considering the proportion of female, male and total employment of individuals between ages 15 to 24 in the country. The existence of cointegration was established between RGDP and the control variables and on this basis, the long and short-term autoregressive distributed lag (ARDL) model was employed to account for any potential non stationarity in the model. The results reveal that in both the short-term and the long-term, there exist an inverse relationship between the log of female labour force participation rate and real gross domestic product, male labour force participation rate and real gross domestic product, the second and third lag of the log of real gross domestic product and real gross domestic product and a direct relationship between total labour force participation rate and real gross domestic product, and the first lag of the log of real gross domestic product and real gross domestic product. The findings led to the conclusion that output can be stimulated through the adoption of both short-term and long-term policies to ensure that the youth contributes tremendously to real gross domestic product in the country.

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Law, Arts and Social Sciences > School of Management
Depositing User: Unnamed user with email [email protected]
Date Deposited: 03 Jun 2021 09:12
Last Modified: 03 Jun 2021 09:12
URI: http://eprints.federalpolyilaro.edu.ng/id/eprint/1467

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