The Effect of Unemployment Rate on the Gross Domestic Product in Nigeria (A Bayesian Approach)

Victor Agboli

No d8ek9, OSF Preprints from Center for Open Science

Abstract: This study investigates the impact of unemployment on the Gross Domestic Product (GDP) of Nigeria for a period of 28 years (1990-2018). The study focuses on the relationship between unemployment and economic growth in Nigeria (GDP). The method used in this study is the Bayesian Linear Regression Analysis, the major findings were that unemployment has a positive impact on the economic growth of Nigeria. Some suggestions and policy recommendations were made based on the findings.

Date: 2021-09-30
New Economics Papers: this item is included in nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:d8ek9

DOI: 10.31219/osf.io/d8ek9

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