Modeling the effect of unemployment augmented industrialization on the control of unemployment

Pushkar Kumar Singh (), Kusum Lata (), Arvind Kumar Singh () and Arvind Kumar Misra ()
Additional contact information
Pushkar Kumar Singh: Banaras Hindu University
Kusum Lata: Shri Ramswaroop Memorial University
Arvind Kumar Singh: Banaras Hindu University
Arvind Kumar Misra: Banaras Hindu University

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2023, vol. 25, issue 1, No 25, 587-600

Abstract: Abstract The increase in human population at large scale has given the birth to the problem of unemployment as industrialization has not taken place in the same proportion. Some developing countries are making efforts for sustainable industrial growth to overcome with this problem. To tackle this problem, in the present paper, we propose a nonlinear mathematical model to study the role of unemployment-dependent industrial growth (geared industrialization) on the control of unemployment. The study of the model is based on using the method of stability theory of differential equations. The study reveals that the sustainable growth of industrialization helps to control the problem of unemployment. Finally, certain numerical calculations have been carried out to support analytical findings.

Keywords: Mathematical model; Industrialization; Unemployment; Stability; Sustainability (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10668-021-02069-6 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:endesu:v:25:y:2023:i:1:d:10.1007_s10668-021-02069-6

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/10668

DOI: 10.1007/s10668-021-02069-6

Access Statistics for this article

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development is currently edited by Luc Hens

More articles in Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().