Revisiting the Trade and Unemployment Nexus: Empirical Evidence from the Ni...

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英文文献：Revisiting the Trade and Unemployment Nexus: Empirical Evidence from the Nigerian Economy-重新审视贸易和失业之间的关系:来自尼日利亚经济的经验证据
英文文献作者：Stephen T. Onifade,Ahmet Ay,Simplice A. Asongu,Festus V. Bekun
英文文献摘要：
The recent exacerbation of unemployment crisis in Nigeria stands to be a serious threat to both socio-economic stability and progress of the country just as the report from the nation???s bureau of statistics shows that at least over 8.5 million people had no gainful employment at all as at the last quarter of the year 2017. It is on the above premise, that the present study explores the link between trade and unemployment for the case of Nigeria with the intention of exploring how the unemployment crisis has been impacted within the dynamics of the country???s trade performance. The empirical evidence shows that the nation???s terms of trade were insignificant to unemployment rate while trade openness and domestic investment, on the other hand, have significant opposing impacts on unemployment in Nigeria over the period of the study. Further breakdowns from the empirical analysis also revealed that the Philips curves proposition is valid within the Nigerian economic context while the evidences for the validity of Okun???s law only exist in the short-run scenario. Based on the empirical results, we recommend that concerted effort should be geared toward stimulating domestic investment by providing adequate financial and infrastructural facilities that will promote ease of doing business while utmost precautions are taken to ensure that unemployment crisis is not exacerbated when combating inflation in the economy in the wake of dynamic trade relations.

在尼日利亚最近失业危机的恶化,严重威胁社会稳定和进步的国家就像该文报告??s统计局的数据表明,至少超过850万人根本没有赚钱在2017年最后一个季度。在上述前提下，本研究以尼日利亚为例，探讨贸易与失业之间的联系，旨在探讨失业危机在该国贸易绩效的动态中受到了怎样的影响。实证证据表明，国家贸易条件对失业率的影响不显著，而另一方面，贸易开放和国内投资在研究期间对尼日利亚的失业率有显著的相反影响。进一步的实证分析表明，飞利浦曲线命题在尼日利亚经济背景下是有效的，而Okuna??s定律的有效性证据只存在于短期情景。基于实证结果,我们建议应面向共同努力刺激国内投资提供了充足的资金和基础设施,将促进缓解做生意的同时最大限度的预防措施来确保失业危机加剧了对抗通胀在经济后,动态的贸易关系。

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