Effets de l'Ouverture Commerciale et de l'Afflux des Investissements Directs Étrangers (IDE) sur le Chômage dans les Pays Membres de l'Union Économique et Monétaire Ouest Africaine (UEMOA)

• Autorzy: Tomondji Dayane Thiernaud Behanzin , Mamadou Abdoulaye Konte

Warianty tytułu

Effects of Trade Openness and Foreign Direct Investment (FDI) Inflows on Unemployment in West African Economic and Monetary Union (WAEMU) Member Countries

• Języki publikacji: FR

Abstrakty

L'objectif de ce papier était de mesurer l'effet de l'ouverture commerciale et des flux entrants d'investissements directs étrangers (IDE) sur le chômage dans les pays de l'UEMOA. Pour ce faire, un modèle Vectoriel Autoregressif (VAR) en panel a été utilisé. Il ressort des résultats l'existence d'une causalité bidirectionnelle entre les IDE et l'ouverture commerciale, les IDE et le chômage ainsi que d'une causalité unidirectionnelle du chômage sur l'ouverture commerciale. Par ailleurs, les résultats robustes font ressortir que l'afflux d'IDE réduit le chômage et favorise donc la création d'emplois dans les pays membres de l'UEMOA. En outre, les analyses effectuées ont permis de relever que l'ouverture commerciale et l'afflux d'IDE induisent une hausse de l'emploi des jeunes (15-24 ans) et favorisent la migration des emplois vulnérables vers d'autres emplois moins vulnérables.(abstrakt oryginalny)

EN

The objective of this paper was to measure the effect of trade openness and foreign direct investment inflows (FDI) on unemployment in WAEMU countries. To do so, the Vector Autoregressive (VAR) model in panel was used. The results show that there is a bidirectional causality between FDI and trade openness, FDI and unemployment, and a unidirectional causality of unemployment on trade openness. Furthermore, the robust results show that FDI inflows reduce unemployment and thus promote job creation in WAEMU member countries. In addition, the analysis shows that trade openness and FDI inflows increase youth employment (15-24 years old) and encourage migration from vulnerable jobs to less vulnerable jobs.(original abstract)

Słowa kluczowe

EN

Economic and Monetary Union (EMU); Economic openness; Direct investments; Unemployment

PL

Unia Gospodarcza i Walutowa (UGW); Otwartość gospodarcza; Inwestycje bezpośrednie; Bezrobocie

• Czasopismo: Revue Internationale des Economistes de Langue Française : revue de l'Association Internationale de Economistes de Langue Française avec la collaboration Université des Sciences Economiques et de Gestion
• Rocznik: 2022
• Tom: 7
• Numer: nr 1
• Strony: 135--153

Twórcy

autor

Tomondji Dayane Thiernaud Behanzin

• ENSAE, Dakar

autor

Mamadou Abdoulaye Konte

• Université Gaston Berger, Senegal

Bibliografia

• Abugamea, G. (2018, October 14). Determinants of unemployment: Empirical evidence from Palestine. (MPRA Paper No. 89424). Retrieved from https://mpra.ub.uni-muenchen. de/89424/.
• Alalawneh, M. M., & Nessa, A. (2020). The impact of foreign direct investment on unemployment: Panel data approach. Emerging Science Journal, 4(4), 228-242. https://doi. org/10.28991/esj-2020-01226.
• Alkhateeb, T. T. Y., Mahmood, H., Sultan, Z. A., & Ahmad, N. (2017, November 12). Trade openness and employment nexus in Saudi Arabia. International Journal of Economic Research, 14(14), 59-66. Retrieved from https://mpra.ub.uni-muenchen.de/109451/.
• Alkofahi, K. (2020). The effect of foreign direct investment on the unemployment rate in Saudi Arabia. International Journal of Economics and Finance, 12(10). https://doi. org/10.5539/ijef.v12n10p1.
• Anjum, N., & Perviz, Z. (2016). Effect of trade openness on unemployment in case of labour and capital abundant countries. Bulletin of Business and Economics, 5(1), 44-58.
• Bailey, D., & Driffield, N. (2007). Industrial policy, FDI and employment: Still "missing a strategy". Journal of Industry, Competition and Trade, 7(2), 189-211.
• Balcerzak, A., & Zurek, M. (2011). Foreign direct investment and unemployment: VAR analysis for Poland in the years 1995-2009. European Research Studies Journal, 14, 3-14.
• BCEAO. (2020). Rapport sur le commerce extérieur de l'UEMOA en 2019. Retrieved from https://www.bceao.int/fr/publications/rapport-sur-le-commerce-exterieur-de-luemoaen-2019.
• BIT. (2009). Guide sur les nouveaux indicateurs d'emploi des objectifs du millénaire pour le développement: Y compris l'ensemble complet des indicateurs du travail décent. Retrieved from http://www.ilo.org/employment/Whatwedo/Publications/WCMS_110512/lang- -fr/index.htm.
• Carrère, C., Fugazza, M., Olarreaga, M., & Robert-Nicoud, F. (2014). Trade in unemployment. (SSRN Scholarly Paper No. 2444859). Social Science Research Network. Retrieved from https://papers.ssrn.com/abstract=2444859.
• Dritsakis, N., & Stamatiou, P. (2018). Causal nexus between FDI, exports, unemployment and economic growth for the old European Union members. Evidence from panel data. International Journal of Economic Sciences, 7(2). Retrieved from https://www.academia. edu/73996491/Causal_Nexus_Between_Fdi_Exports_Unemployment_and_Economic_Growth_for_the_Old_European_Union_Members_Evidence_from_Panel_Data.
• Dutt, P., Mitra, D., & Ranjan, P. (2009). International trade and unemployment: Theory and cross-national evidence. Journal of International Economics, 78(1), 32-44. https://doi. org/10.1016/j.jinteco.2009.02.005.
• Famode, D., Makalamba, P., & Ngbolua, K. T. N. (2020). Econometric assessment of relationship between trade openness and unemployment in Africa : The case study of Democratic Republic of Congo. International Journal of Economics and Business Administration, 6(1), 23-29.
• Fung, M. K., Zeng, J., & Zhu, L. (1999). Foreign capital, urban unemployment, and economic growth. Review of International Economics, 7(4), 651-664. https://doi.org/10.1111/1467- 9396.00190.
• Gozgor, G. (2014). The impact of trade openness on the unemployment rate in G7 countries. The Journal of International Trade & Economic Development, 23, 1018-1037. https://doi. org/10.1080/09638199.2013.827233.
• Grahovac, D., & Softić, S. (2017). Impact of the FDI on unemployment rate in countries of West Balkan. https://doi.org/10.32728/RIC.2017.32/4.
• Granger, C. W. J. (1969). Investigating causal relations by econometric models and crossspectral methods. Econometrica, 37(3), 424-438.
• Grinols, E. L. (1991). Unemployment and foreign capital: The relative opportunity costs of domestic labour and welfare. Economica, 58(229), 107-121. https://doi.org/10.2307/2554978.
• Hansen, L. P. (1982). Large sample properties of generalized method of moments estimators. Econometrica, 50(4), 1029-1054. https://doi.org/10.2307/1912775.
• Hossain, M. I., Tahrim, F., Hossain, M. S., & Rahman, M. M. (2018). Relationship between trade openness and unemployment: Empirical evidence for Bangladesh. Indian Journal of Economics and Development, 6(8), 1-12.
• Johnny, N., Timipere, E., & Krokeme, O. (2018). Impact of foreign direct investment on unemployment rate in Nigeria (1980-2015). International Journal of Academic Research in Business and Social Sciences, 8, 56-68. Retrieved from https://doi.org/10.6007/IJARBSS/ v8-i3/3905.
• Kim, J. (2011). The effects of trade on unemployment: evidence from 20 OECD countries. Research Papers in Economics, 19.
• Madanizadeh, S. A., & Pilvar, H. (2019). The impact of trade openness on labour force participation rate. Applied Economics, 51(24), 2654-2668. https://doi.org/10.1080/000 36846.2018.1558350.
• Moore, M., & Ranjan, P. (2005). Globalisation vs skill-biased technological change: Implications for unemployment and wage inequality. The Economic Journal, 115(503), 391-422. https://doi.org/10.1111/J.1468-0297.2005.00994.X.
• Nwaka, I. D., Uma, K. E., & Tuna, G. (2015). Trade openness and unemployment: Empirical evidence for Nigeria. The Economic and Labour Relations Review, 26(1), 117-136. https:// doi.org/10.1177/1035304615571225.
• Saleem, H., Shabbir, M., & Khan, M. B. (2020). The short-run and long-run dynamics among FDI, trade openness and economic growth: Using a bootstrap ARDL test for cointegration in selected South Asian countries. Retrieved from https://doi.org/10.1108/ sajbs-07-2019-0124.
• Soylu, Ö. B., Çakmak, I., & Okur, F. (2018). Economic growth and unemployment issue: Panel data analysis in Eastern European countries. https://doi.org/10.14254/2071-8330.2018/11- 1/7.
• Strat, V., Davidescu, A., & Paul, A. (2015). FDI and the unemployment-a causality analysis for the latest EU members. Procedia Economics and Finance, 23, 635-643. https://doi. org/10.1016/S2212-5671(15)00448-7.
• Tegep, J., Suratman, E., & Indra, S. (2019). The failure of foreign direct investment to explain unemployment rate and the mediating role of economic growth and minimum wage. International Journal of Economics and Financial Issues, 9(2), 154-161. Retrieved from https://www.econjournals.com/index.php/ijefi/article/view/7524.
• Widia, E., Ridwan, E., & Muharja, F. (2019). Can foreign direct investment (FDI) reduce unemployment in home countries? Analysis for ASEAN 5. https://doi.org/10.1515/9783110678666- 038.
• Zdravković, A., Đukić, M., & Bradić-Martinović, A. (2017). Impact of FDI on unemployment in transition countries: Panel cointegration approach. https://doi.org/10.5937/INDUSTRIJA45-13548.

Identyfikatory

DOI

10.18559/RIELF.2022.1.8