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.
Authors
- Mary Saleh
- Shrikant Panigrahi (ORCID: https://orcid.org/0000-0003-1703-4613)
- Mohammad Hassan Abdali
Institutions
- University of Bahrain (BH)
Publication Details
- Published
- 2024-11-27
- DOI
- https://doi.org/10.1109/sibf63788.2024.10883880
- Primary Topic
- Unemployment and Economic Growth
- Type
- article
- Field-Weighted Citation Impact
- 0.00