Abstract
This study empirically analyses the influence of urbanization and the participation of men and women in the labour force on economic growth in the countries of the West African Economic and Monetary Union (WAEMU). Using data from the World Bank (2017) on the member States between 1990 and 2016, we show from Pesaran’s PMG estimator, Shin and Smith (1999) that in the short term, youth and women are very useful for economic growth. In the long term, urbanization, industrial added value and the elderly make a positive contribution to economic growth. The study urges governments to create better living conditions by ensuring adequate income levels and care, i.e., public policies should aim to increase employment, establish or improve social protection, social integration, health and the fight against discrimination.
Highlights
In Africa, demography seems to be a source of concern
This study empirically analyses the influence of urbanization and the participation of men and women in the labour force on economic growth in the countries of the West African Economic and Monetary Union (WAEMU)
The objective of this study was to show the empirical link between urbanization, the share of men and women in the labour force and economic growth
Summary
Advances in Politics and Economic ISSN 2576-1382 (Print) ISSN 2576-1390 (Online). Prao Yao Seraphin1* 1 Department of Economic Sciences and Development, Alassane Ouattara University, Bouaké, Ivory Coast * Prao Yao Séraphin, Department of Economic Sciences and Development, Alassane Ouattara University, Bouaké, Ivory Coast. Received: November 5, 2020 Accepted: November 27, 2020 Online Published: December 1, 2020 doi:10.22158/ape.v3n4p47
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