doi: 10.7763/IJTEF.2012.V3.194
Effects of Productivity Growth on Employment Generation, Capital Accumulation and Economic Growth in Uganda
Jimmy Alani
- Department of Economics and Business Education, Faculty of Education and Humanities, Gulu University, P. O. Box 166, Gulu, Uganda.
Abstract
The study examined the effects of productivity growth on employment, capital accumulation and economic growth in Uganda within the 1972 to 2008 period. Econometric method was used in the empirical analyses. First, we found that reduction in economic growth might have come from productivity growth, and that productivity growth might have caused unemployment and depletion of capital stock. Second, we found that both labor and capital productivity growth might have caused unemployment, decline in both capital accumulation and economic growth. Third, the study found that economic growth, capital accumulation and employment, might have resulted from technical progress.
Keywords
- Capital accumulation
- economic growth
- effects
- employment
- productivity
How to Cite
Jimmy Alani, "Effects of Productivity Growth on Employment Generation, Capital Accumulation and Economic Growth in Uganda," International Journal of Trade, Economics and Finance, vol. 3, no. 3, pp. 170-175, 2012. https://doi.org/10.7763/IJTEF.2012.V3.194
Copyright & License
Copyright © 2012 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).