Does investment in education and health impact youth employment outcomes? Evidence from Sub-Saharan Africa

Anowor, Oluchukwu F; Ichoku, Hyacinth E.; Onodugo, Vincent A.; Ochinanwata, Chinedu; Uzomba, Peter Chika

doi:10.1080/23322039.2022.2160128

Cited by 4 publications

(5 citation statements)

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“…This means that increasing FDI and DI can reduce the number of crime cases in Indonesia. Moreover, FDI and DI can reduce the unemployment rate and promote economic activity (Anowor et al 2019). Results at the aggregate (crime) and disaggregated level are strongly in line, suggesting that more investment is likely to promote Indonesia's economic welfare and social well-being.…”

Section: Estimation Results From Specific Criminal Activitiesmentioning

confidence: 99%

Criminality and Income Inequality in Indonesia

et al. 2022

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We investigate whether a nexus exists between income inequality and criminal activity in Indonesia. Additionally, we examine socioeconomic variables and potential links with criminal actions (i.e., crime rate, murder, rape, physical abuse, robbery, and fraud). We use the generalized method of moments (GMM) approach, employing data for 34 provinces in Indonesia over the period of 2010–2019. The results indicate that income inequality is associated with higher criminal activity. Overall, lower unemployment, larger investment (foreign and domestic), and higher human development (education and health) can help reduce crime in Indonesia. However, higher income can reduce physical abuse and crime rates, but theft and fraud increase with income growth. Rising unemployment increases rape, abuse, robbery, and fraud. Still, unemployment does not affect murder, suggesting that non-economic factors are dominant in explaining murder and violent crimes. Furthermore, income inequality can increase robbery and fraud, although it has no significant effects on murder, rape, and abuse. Government spending on social assistance and more efficient settlement of criminal acts can lower crime rates.

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Section: Estimation Results From Specific Criminal Activitiesmentioning

confidence: 99%

Criminality and Income Inequality in Indonesia

et al. 2022

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“…Ajayi, Akano and Adams [24] investigated "the impact of FDI on the employment and unemployment rate in Nigeria from 1960 to 2014. The study employed the Vector Auto regression (VAR) and the study established that FDI had a significant and positive impact on employment but did not have any impact or contribution to unemployment" Anowor, Uwakwe and Chikwendu [25] appraised "the effect of foreign direct investments on unemployment in Nigeria and the study identified that FDI is negatively related to unemployment". Musa [26] examined "the link between foreign direct investment inflows and the unemployment rate in Nigeria using annual time series data from 1986 to 2018.…”

Section: Alfalih and Hadjmentioning

confidence: 99%

Assessing the Impact of Foreign Direct Investment on Unemployment Rate in Nigeria

Chike,

Okeke

2024

AJEBA

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Recent studies have shown that high rate of unemployment as currently witnessed in Nigeria, is one of the factors that can undermine the attainment of goal eight (Decent work and Economic growth) of Sustainable Development Goals (SDGs) by year 2030. Since foreign direct investment (FDI) is an important factor in creating jobs and improving economic growth, it is considered a veritable tool for reducing the unemployment level. Although there have been studies on FDI and unemployment in literature, there is hardly any study on the impact of FDI on rural and urban unemployment. The study pursued threefold objectives which are to ascertain the impact of FDI on aggregate unemployment in Nigeria; to examine the impact of FDI on urban unemployment rate in Nigeria and to determine the impact of FDI on rural unemployment in Nigeria. The study utilized data from 1990 to 2020 as well as dynamic ordinary least squares (DOLS) which eliminates problems of endogeneity and serial correlation. The theoretical framework of the study is anchored on the Keynesian theory of unemployment. The result obtained showed that FDI has a significant impact on aggregate and urban unemployment in Nigeria. However, FDI did not impact significantly on rural unemployment in Nigeria. To effectively use FDI to reduce unemployment, the Nigerian government needs to create an enabling business environment, including favorable investment policies, streamlined regulatory procedures, and infrastructure development plans. Encouraging collaboration between foreign investors and local stakeholders, promoting technology transfer, and implementing strategies to enhance the skill levels of the local workforce are also important aspects to consider.

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“…Human development is a multifaceted idea that extends beyond economic prosperity. This human development encompasses several aspects of well-being, such as access to education, health care, and overall quality of life (Anowor et al, 2023;Sušnik and van der Zaag, 2017). Many factors influence human resource development, including development and economic advancement, social conditions and well-being, and development policies (Matarirano et al, 2020;Muhtar et al, 2023;Sofilda et al, 2023).…”

Section: Introductionmentioning

confidence: 99%

“…The availability of cash is another critical aspect of human growth (Anowor et al, 2023;Glawe and Wagner, 2020;Hung and Thanh, 2022). Because financial resources impact the availability of educational infrastructure, human development is intimately tied to financing availability (Rimawan et al, 2020;Cahyo et al, 2022).…”

Section: Introductionmentioning

confidence: 99%

Impact of economic growth, village funds, and poverty on human development in Indonesia: An analytical study from 2015 to 2022

Sijabat

2024

Int. j. adv. appl. sci.

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This study evaluates how a country's development of human resources, an important measure of economic and policy progress, is affected by various factors. It focuses on the impact of Gross Regional Domestic Product (GRDP), village funds, and poverty levels on the Human Development Index (HDI) across 33 provinces in Indonesia from 2015 to 2022. The aim is to enhance understanding of how promoting human development goes beyond just economic growth, highlighting the importance of addressing poverty and empowering local communities through measures like the Village Fund. By employing panel regression methods, including both static (POLS, FEM, and REM) and dynamic (FMOLS and DOLS) approaches, the study examines the influence of economic growth, village funds, and poverty on human development. The findings from static panel analysis indicate that while economic growth has a negative and significant effect on HDI, village funds positively and significantly influence it. As expected, poverty significantly and negatively affects HDI. Dynamic panel data confirms the positive and significant effect of village funds on HDI and, consistent with static analysis, shows poverty's negative impact. The implications of this research are threefold: First, it suggests that economic expansion might negatively affect HDI. Second, it highlights the importance of village funds in developing human resources, underscoring their role in provincial development financing strategies. Third, it recommends that provincial policymakers focus on reducing poverty to prevent it from hindering human development.

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Does investment in education and health impact youth employment outcomes? Evidence from Sub-Saharan Africa

Cited by 4 publications

References 42 publications

Criminality and Income Inequality in Indonesia

Criminality and Income Inequality in Indonesia

Assessing the Impact of Foreign Direct Investment on Unemployment Rate in Nigeria

Impact of economic growth, village funds, and poverty on human development in Indonesia: An analytical study from 2015 to 2022

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