Nexus between Labour Force Participation, Decent Work and Economic Growth in Nigeria

Udeze Chike Romanus and Onwuka Irene Nkechi
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Udeze Chike Romanus: Department of Economics, Faculty of Social Sciences and Humanities, Enugu State University of Science and Technology, Enugu. Nigeria
Onwuka Irene Nkechi: Department of Economics, Faculty of Social Sciences, Nnamdi Azikiwe University, Awka. Anambra. Nigeria

International Journal of Research and Scientific Innovation, 2024, vol. 11, issue 10, 558-576

Abstract: This work investigated the impact of labour force participation on economic growth in Nigeria for the period 1990 to 2021 using annual time series data on real gross domestic product (RGDP), male labour force participation rate (MLFPR) and female labour force participation rate (FLFPR). The objectives are to examine the impact of male labour force participation rate (MLFPR) and female labour force participation rate (FLFPR) on economic growth in Nigeria and to ascertain the causality relationship between male labour force participation rate, female labour force participation rate, and economic growth in Nigeria using ARDL Bounds Testing methodology. The result indicated that male labour force participation rate (MLFPR) and female labour force participation rate (FLFPR) had statistically significant impact on economic growth in Nigeria in the short run. The result also revealed that, in the long run, male labour force participation rate (MLFPR) and female labour force participation rate (FLFPR) had statistically insignificant impact on economic growth in Nigeria. A uni-directional causality relationship is found between male labour force participation rate (MLFPR) and economic growth (RGDP) in Nigeria over the period covered with the causality running from economic growth to male labour force participation rate. The result further indicated that there is no significant causality relationship between female labour force participation rate (FLFPR) and economic growth in Nigeria over the period covered. The study therefore recommended that government should design active policy for male and female participation in labour force and seriously empower women to participate in labour force in Nigeria.

Date: 2024
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