Journal of
Economics and International Finance

  • Abbreviation: J. Econ. Int. Finance
  • Language: English
  • ISSN: 2006-9812
  • DOI: 10.5897/JEIF
  • Start Year: 2009
  • Published Articles: 364

Full Length Research Paper

The economic impact of unemployment and inflation on output growth in South Africa

Leward Jeke
  • Leward Jeke
  • Department of Economics, Faculty of Business and Economic Sciences, Nelson Mandela University, South Africa.
  • Google Scholar
Lazarus Zungwe Wanjuu
  • Lazarus Zungwe Wanjuu
  • Department of Social Sciences, College of Administrative and Social Science, Kaduna Polytechnic, Kaduna, Nigeria.
  • Google Scholar


  •  Received: 10 April 2021
  •  Accepted: 15 June 2021
  •  Published: 31 July 2021

References

Banda H, Ngirande H, Hogwe F (2016). The impact of economic growth on unemployment in South Africa: 1994-2012. Investment Management and Financial Innovations 13(2):246-255.
Crossref

 

Barker F (1999). Socio-economic Impact of Unemployment in South Africa. Pretoria: University of Pretoria.

 
 

Brown RL, Durbin J and Evans JM (1975). Techniques for Testing the Constancy of Regression Relationships over Time. Journal of Royal Statistical Society (2):149-163.
Crossref

 
 

Evans MK (2002). Practical Business Forecasting. Blackwell Publishers: United Kingdom.
Crossref

 
 

Fourie FCvN (2011). The South African Unemployment Debate: three worlds, three discourses? Working Paper 63 (June), SALDRU, University of Cape Town.

 
 

Fuhrmann R (2016). 'Okun's Law: Economic Growth And Unemployment'.

 
 

Hejase HJ, Hejase AJ, Hejase HANJ (2012). Quantitative Methods for Decision Makers: Management Approach. Beirut, Dar Sader Publishers.

 
 

Hejase AJ, Hejase HJ (2013). Research methods: A practical approach for business students (2nd edition). Philadelphia, PA, USA: Masadir Incorporated.

 
 

Howells, Bain K (2008). The economics of money, banking and Finance. A European Text. Prentice Hall, Fouth Edition.

 
 

Kingdon G, Knight JB (2016). Race and the Incidence of Unemployment in South Africa. CSAE Working Paper Series 2001-18, Centre for the Study of African Economies, University of Oxford.

View

 
 

Levinsohn J (2007). Two Policies to Alleviate Unemployment in South Africa. University of Michigan and NBER: Michigan.

 
 

Ljung GM, Box GE (1979). On measures of lack of fit in time-series models. Biometrika 66(2):265-270.
Crossref

 
 

Madito O, Khumalo J (2014). Economic Growth - Unemployment Nexus in South Africa: VECM Approach. Mediterranean Journal of Social Sciences 5(20):79-84.
Crossref

 
 

Makaringe SC, Khobai H (2018). The effect of unemployment on economic growth in South Africa (1994-2016). MPRA Paper. P 85305.

 
 

Mohseni M, Jouzaryan F (2016). Examining the effect of inflation and unemployment on economic growth in Iran (1996-2012). Procedia Economics and Finance 36:381-389.
Crossref

 
 

Mokgola A (2015). The effects of inflation targeting on economic growth in South Africa. University of Limpopo. Master of Commerce.

 
 

Munyeka W (2014). The relationship between economic growth and inflation in South African economy. Mediterranean Journal of Social Sciences 5(15):119-129. Doi: 10.5901/mss2014.v5n15p119.
Crossref

 
 

Muryani P, Pamungkas A (2018). The impact of unemployment rates, labour force, capital, inflation rates and government expenditure on economic growth in Indonesia. American Journal of Engineering Research 7(3):109-119.

 
 

Osinubi T (2005). Macroeconometric Analysis of Growth, Unemployment and Poverty in Nigeria. Pakistan Economics and Social Review 43(2):249-269.

 
 

Pesaran M, Shin Y, Smith R (1999). Pooled mean group estimation of dynamic heterogeneous panels. Journal of the American Statistical Association 94(446):622-634.
Crossref

 
 

Pesaran M, Shin Y, Smith R (2001). Bound testing approach to analysis of long-run relationships. Journal of Applied Econometrics 16(3):289-326.
Crossref

 
 

RSA National Treasury (2011). Confronting youth unemployment: policy options for South Africa. Discussion paper for public comment. National Treasury, February 2011.

 
 

Saidu BM, Muhammad AA (2018). Do unemployment and inflation substantially affect economic growth? Journal of Economics and Development Studies 3(2):132-139. 
Crossref

 
 

Simpson SD (2013). Macroeconomics: Unemployment. viewed 27 March 2019, from

View

 
 

Snowdon B, Vane HR (2005). Macroeconomics: Its Origins, Development and Current State, Edward Elgar: Cheltenham.

 
 

Temitope LA (2013). Does economic growth lead employment in South Africa?. Journal of Economics and Behavioral Studies 5(6):336-345.
Crossref

 
 

Tenzin U (2019). The nexus among economic growth, inflation, and unemployment in Bhutan. South Asia Economic Journal 20(1):94-105.
Crossref