The economic impact of unemployment and inflation on output growth in South Africa
نویسندگان
چکیده
Unemployment is not only pertinacious to output growth, but it has other social costs. As economies seek develop through elimination of inequalities, alleviating poverty and ensuring inflation unemployment stand as scarecrows investors. This research aims evaluate the economic effects on growth in South Africa. An ARDL model was employed estimate short-run long-run impact rates rate among controlled variables real GDP Africa for period 1994-2019. The results show that depresses GDP; human capital physical promotes GDP. Based findings, can best be tackled increase supply improvement quality which increases labour productivity well investment capital. found an will investment, further generates employment. Key words: Unemployment, inflation, growth.
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ژورنال
عنوان ژورنال: Journal of economics and international finance
سال: 2021
ISSN: ['2006-9812']
DOI: https://doi.org/10.5897/jeif2021.1124