DOIONLINE 
DOIONLINE Publish In |
International Journal of Management and Applied Science (IJMAS)-IJMAS |
 Journal Home Volume Issue |
||||||||
Issue |
Volume-4,Issue-1 ( Jan, 2018 ) | |||||||||
Paper Title |
Private Investment and Labour Demand in Sub-Saharan Africa | |||||||||
Author Name |
Samuel Kwakuagyei, Anthony Q.Q. Aboagye, Kofi Osei, Lord Mensah | |||||||||
Affilition |
Department of Finance, University of Cape Coast, Ghana. Department of Finance, University of Ghana Business School, Legon-Ghana | |||||||||
Pages |
90-97 | |||||||||
Abstract |
This paper assesses whether employment generation (total, male, female and youth) is part of the benefits that Sub Saharan African (SSA) economies get from private investment. We estimated a derived neoclassical model that allows for the inclusion of private investment, real labour cost, human capital and public investment. The results, based on Arellano-Bond dynamic panel estimation, indicate that while private investment has a substitutive effect on employment (total, male and female), public investment compliments employment. Also, real wage rate and human capital have significantly negative relationships with labour demand. Meanwhile the result on the youth employment effect of private investment is inconclusive. Thus, it is suggested that employment incentives policies should be offered to private investors while measures to sustain public investment are undertaken. Keywords - Private Investment, Labour Demand, Dynamic Panel Methodology, SSA | |||||||||
| View Paper | ||||||||||
