Journal of
Accounting and Taxation

  • Abbreviation: J. Account. Taxation
  • Language: English
  • ISSN: 2141-6664
  • DOI: 10.5897/JAT
  • Start Year: 2009
  • Published Articles: 209

Full Length Research Paper

Employment dynamics and fiscal policy in ECOWAS: A panel data analysis

Okunola, Adesola Olajumoke
  • Okunola, Adesola Olajumoke
  • School of Social and Management Sciences, Pan Atlantic University, Nigeria.
  • Google Scholar

  •  Received: 26 August 2021
  •  Accepted: 11 October 2021
  •  Published: 31 October 2021


Abubakar AB (2016). Dynamic effects of fiscal policy on output and unemployment in Nigeria: An econometric investigation. CBN Journal of Applied Statistics 7(2):101-122.


Ajakaiye O, Jerome AT, Nabena D, Alaba OA (2015). Understanding the relationship between growth and employment in Nigeria (No.


2015/124). WIDER Working Paper. Available at:



Ardagna S (2007). Fiscal policy in unionized labor markets. Journal of Economic Dynamics and Control 31(5):1498-1534.


Ball L, DeLong B, Summers L (2014). Fiscal policy and full employment (Volume 2).


Battaglini M, Coate S (2016). A political economy theory of fiscal policy and unemployment. Journal of the European Economic Association 14(2):303-337.


Bova E, Kolerus C, Tapsoba SJ (2015). A fiscal job? An analysis of fiscal policy and the labor market. IZA Journal of Labor Policy 4(1):13.


Cavallo M (2005). Government employment expenditure and the effects of fiscal policy shocks. Federal Reserve Bank of San Francisco. 


Dao M, Loungani P (2010). The human cost of recessions: assessing it, reducing it. IMF Staff Position Notes, 2010(017). 


Duasa J (2007). Determinants of Malaysian trade balance: An ARDL bound testing approach. Global Economic Review 36(1):89-102.


Ebell M, O'Higgins N (2015). Fiscal policy and the youth labour market (No. 994898963402676). International Labour Organization.


Fatás A, Mihov I (2001). The effects of fiscal policy on consumption and employment: theory and evidence (Vol. 2760). London: Centre for Economic Policy Research. Available at:



Holik A (2020). The Impact of Regional Fund on Unemployment. JEJAK: Jurnal Ekonomi dan Kebijakan 13(1):43-68.


Laokulrach M (2013). The Impacts of Fiscal and Monetary Policies on Service Sector Employment: A Study of Thailand from 1986-2011. International Proceedings of Economics Development and Research 61:35.


Maku EO, Alimi OY (2018). Fiscal policy tools, employment generation and sustainable development in Nigeria. Acta Universitatis Danubius Œconomica 14(3):186-199.


Obayori JB (2016). Fiscal policy and unemployment in Nigeria. The International Journal of Social Sciences and Humanities Invention 3(2):1887-1891.


Olisaji CJ, Onuora A (2021). Impact of fiscal policy on the growth of Nigerian economy. Journal of Accounting and Financial Management 7(2):62-76.


Pesaran MH, Shin Y, Smith RJ (2001). Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics 16(3):289-326.


Ray N, Velasquez A, Islam I (2015). Fiscal rules, growth and employment: a developing country perspective (No. 994881313402676). International Labour Organization.


Ro?oiu I (2015). The impact of the government revenues and expenditures on the economic growth. Procedia Economics and Finance 32:526-533.


Schiller B (2006). The Economy Today (10e). New York, NY: McGraw-Hill Irwin.


Tafuro A (2015). The Effects of Fiscal Policy on Employment: an Analysis of the Aggregate Evidence. University Ca'Foscari of Venice, Dept. of Economics Research Paper Series No, 3.


Topolewski L (2021). Relationship between Energy Consumption and Economic Growth in European Countries: Evidence from Dynamic Panel Data Analysis. Energies 14(12):3565.


Turnovsky SJ (2000). Fiscal policy, elastic labor supply, and endogenous growth. Journal of Monetary Economics 45(1):185-210.


World Development Indicators (WDI) (2020). Atlas of Sustainable Development Goals 2020 from World Development Indicators. Available at: