The effect of population growth on unemployment youth in Somalia
The primary aim of this study was to investigate the impact of population growth on unemployment in Somalia. Specific objectives included examining the effects of population growth, gross domestic product, and inflation on unemployment. The research adopted an empirical research design to establi...
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2023
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Online Access: | http://psasir.upm.edu.my/id/eprint/109259/ https://hrmars.com/index.php/IJARBSS/article/view/19826/The-Effect-of-Population-Growth-on-Unemployment-Youth-in-Somalia |
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my.upm.eprints.1092592024-08-22T01:59:58Z http://psasir.upm.edu.my/id/eprint/109259/ The effect of population growth on unemployment youth in Somalia Mohamud, Yasmin Abdullahi Marof, Aini Azeqa Mohamed, Abdullahi Mohamud Gure, Mohamed Mohamud The primary aim of this study was to investigate the impact of population growth on unemployment in Somalia. Specific objectives included examining the effects of population growth, gross domestic product, and inflation on unemployment. The research adopted an empirical research design to establish empirical connections between these variables and the unemployment rate in Somalia. The Ordinary Least Squares (OLS) technique was used to calculate numerical estimates of coefficients in the econometric equation, as it is known for its simplicity and possession of the Best Linear Unbiased Estimator (BLUE) properties. The conduct the research, annual time-series data from the World Bank database and International Monetary Fund for the period 1985-2019 were utilized. The relationships between the independent variables (population growth, gross domestic product, and inflation) and the dependent variable (unemployment) were established using Ordinary Least-Squares (OLS) regression. The economic software EVIEWS was employed to estimate the values of the impact of population growth on unemployment. The findings of the study indicated that the inflation coefficient suggested that a $1 increase in inflation led to a 53% increase in unemployment. Additionally, all other variables showed a positive relationship with unemployment. Thus, the null hypothesis was accepted, signifying that inflation has a significant influence on unemployment. Human Resource Management Academic Research Society 2023-12-09 Article PeerReviewed Mohamud, Yasmin Abdullahi and Marof, Aini Azeqa and Mohamed, Abdullahi Mohamud and Gure, Mohamed Mohamud (2023) The effect of population growth on unemployment youth in Somalia. International Journal of Academic Research in Business and Social Sciences, 13 (17). pp. 149-155. ISSN 2222-6990 https://hrmars.com/index.php/IJARBSS/article/view/19826/The-Effect-of-Population-Growth-on-Unemployment-Youth-in-Somalia 10.6007/ijarbss/v13-i17/19826 |
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The primary aim of this study was to investigate the impact of population growth on
unemployment in Somalia. Specific objectives included examining the effects of population
growth, gross domestic product, and inflation on unemployment. The research adopted an
empirical research design to establish empirical connections between these variables and the
unemployment rate in Somalia. The Ordinary Least Squares (OLS) technique was used to
calculate numerical estimates of coefficients in the econometric equation, as it is known for
its simplicity and possession of the Best Linear Unbiased Estimator (BLUE) properties. The
conduct the research, annual time-series data from the World Bank database and
International Monetary Fund for the period 1985-2019 were utilized. The relationships
between the independent variables (population growth, gross domestic product, and
inflation) and the dependent variable (unemployment) were established using Ordinary
Least-Squares (OLS) regression. The economic software EVIEWS was employed to estimate
the values of the impact of population growth on unemployment. The findings of the study
indicated that the inflation coefficient suggested that a $1 increase in inflation led to a 53%
increase in unemployment. Additionally, all other variables showed a positive relationship
with unemployment. Thus, the null hypothesis was accepted, signifying that inflation has a
significant influence on unemployment. |
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Article |
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Mohamud, Yasmin Abdullahi Marof, Aini Azeqa Mohamed, Abdullahi Mohamud Gure, Mohamed Mohamud |
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Mohamud, Yasmin Abdullahi Marof, Aini Azeqa Mohamed, Abdullahi Mohamud Gure, Mohamed Mohamud The effect of population growth on unemployment youth in Somalia |
author_facet |
Mohamud, Yasmin Abdullahi Marof, Aini Azeqa Mohamed, Abdullahi Mohamud Gure, Mohamed Mohamud |
author_sort |
Mohamud, Yasmin Abdullahi |
title |
The effect of population growth on unemployment youth in Somalia |
title_short |
The effect of population growth on unemployment youth in Somalia |
title_full |
The effect of population growth on unemployment youth in Somalia |
title_fullStr |
The effect of population growth on unemployment youth in Somalia |
title_full_unstemmed |
The effect of population growth on unemployment youth in Somalia |
title_sort |
effect of population growth on unemployment youth in somalia |
publisher |
Human Resource Management Academic Research Society |
publishDate |
2023 |
url |
http://psasir.upm.edu.my/id/eprint/109259/ https://hrmars.com/index.php/IJARBSS/article/view/19826/The-Effect-of-Population-Growth-on-Unemployment-Youth-in-Somalia |
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