Does Intra-African Trade Reduce Youth Unemployment in Africa?

被引:49
作者
Anyanwu, John C. [1 ]
机构
[1] Temporary Relocat Agcy, African Dev Bank, Res Dev Dept, Tunis 1002, Tunisia
来源
AFRICAN DEVELOPMENT REVIEW-REVUE AFRICAINE DE DEVELOPPEMENT | 2014年 / 26卷 / 02期
关键词
INTERNATIONAL-TRADE; GLOBAL FEMINIZATION; LABOR; EMPLOYMENT; GLOBALIZATION; EQUALITY; DEBATE; IMPACT; POLICY;
D O I
10.1111/1467-8268.12082
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
This study empirically estimates the effect of Africa's intra-regional trade on the burgeoning youth unemployment in the continent. This is necessary since very few studies have been undertaken in the particular context of African countries. To the best of our knowledge there are no studies exploring the intra-African trade-youth unemployment nexus in Africa. We investigate both the aggregate and gender-specific impacts. Our empirical estimates, using available cross-sectional time series data over the period 1980 to 2010, suggest that higher levels of intra-African trade reduce both the aggregate, female and male youth unemployment in Africa. In addition, our results show that domestic investment rate, institutionalized democracy, secondary education, inflation, economic growth, and higher urbanization tend to reduce youth unemployment both on the aggregate and gender-differentiated and therefore are good for youth unemployment reduction in the continent. On the other hand, higher real per capita GDP and to a lesser extent credit to the private sector have a significant positive effect on youth unemployment in Africa. Government consumption expenditure and foreign direct investment have an insignificant effect on both the aggregate level and the gendered level of youth unemployment in Africa. Based on these results, some policy recommendations are proffered.
引用
收藏
页码:286 / 309
页数:24
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