مجلة البحوث الاقتصادية والمالية
Volume 10, Numéro 2, Pages 484-499
2023-12-31

Youth Unemployment And Some Macroeconomic Variables In North African Countries An Empirical Analysis For The Period 2004-2021



Authors : Cherayett Fairouz . Yousfi Elhousseyn .

Abstract

The main objective of this study is to analyze the relationship between youth unemployment rates and some macroeconomic variables: gross domestic product, inflation government expenditure and oil price, in four North African countries: Algeria, Egypt, Morocco and Tunisia. We use panel data cointegration and PMG-ARDL model during the period 2004 to 2021. Our results confirm that there is a negative and significant impact of inflation and oil price on youth unemployment rate in North African countries. While the effect of gross domestic product is negative but insignificant, in long run. We also found that a positive relationship between fiscal policy represented by government expenditure and youth unemployment rate in North African countries. These results represent new insights for the policies in North African countries in order to promoting youth employment.

Keywords

Youth Unemployment; Economic Growth; Inflation; PMG-ARDL model; North African Countries.

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