Nexus Between Inflation, Unemployment, Population and Gross Domestic Product: Evidence From GCC Region

This research investigates the nexus between inflation, unemployment, population and gross domestic product (GDP) for the GCC countries over the period of 19992023. The data was collected from the World Bank Open Database and analyzed using E-views 12 software. The results find high inflation generally affects economic growth, but effects vary. GDP and unemployment usually have an inverse relationship, while population growth and unemployment impact on the economy are not. Some recommendations are provided to solve the problems include managing inflation, improving job creation, and addressing population growth in the GCC countries.

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Publication Details

Published
2024-11-27
DOI
https://doi.org/10.1109/sibf63788.2024.10883880
Primary Topic
Unemployment and Economic Growth
Type
article
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article

Nexus Between Inflation, Unemployment, Population and Gross Domestic Product: Evidence From GCC Region

Mary Saleh, Shrikant Panigrahi, Mohammad Hassan Abdali
Unemployment and Economic Growth
article

Nexus Between Inflation, Unemployment, Population and Gross Domestic Product: Evidence From GCC Region

Mary Saleh, Shrikant Panigrahi, Mohammad Hassan Abdali
article en

Abstract

This research investigates the nexus between inflation, unemployment, population and gross domestic product (GDP) for the GCC countries over the period of 19992023. The data was collected from the World Bank Open Database and analyzed using E-views 12 software. The results find high inflation generally affects economic growth, but effects vary. GDP and unemployment usually have an inverse relationship, while population growth and unemployment impact on the economy are not. Some recommendations are provided to solve the problems include managing inflation, improving job creation, and addressing population growth in the GCC countries.

University of Bahrain (BH)
Decent work and economic growth
Openalex Percentile: Top 68%
Unemployment and Economic Growth
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