THE IMPACT OF LABOUR MARKET CRISIS ON DEVELOPING ECONOMIES; THE NIGERIAN EXPERIENCE

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ABSTRACT
This research work tries to investigate the impact of labour market crisis in developing economics using Nigeria as a case study .Using Nigeria as a case study. Using ordinary least square the study shows that there is a negative relationship between labour market crisis and economic growth; Also inflation was found to reduce production output and economic growth. Based on these findings this study recommends that government should apply reconciliation technique with labour unions so that production output would not be affected also policies such as unemployment benefit and reduction in wage inequality should be applied.

TABLE OF CONTENT
Title Page - - - - - - - - - - - -i
Approval Page- - - - - - - - - - -ii
Dedication - - - - - - - - - - -iii
Acknowledgment - - - - - - - - - -iv
Abstract- - - - - - - - - - - -iv
Table Of Content - - - - - - - - - -vii

CHAPTER ONE
1.1 Background of study - - - - - - - - -1
1.2 Statement of the problem. - - - - - - - -3
1.3 Research questions. - - - - - - - - -7
1.4 Objective of the study- - - - - - - - -7
1.5 Research hypothesis .- - - - - - - - -7
1.6 Scope of the study.- - - - - - - - -8
1.7 Significance of the study.- - - - - - - -8

CHAPTER TWO
2.1 Review of theoretical literature. - - - - - - -10
2.2 Overview of Nigeria labour market. - - - - - -13
2.3 Empirical literature. - - - - - - - - -17
2.4 Limitation of previous studies - - - - - - -21

CHAPTER THREE
3.1 Research methodology. - - - - - - - -23
3.2 Model specification. - - - - - - - - -24
3.3 Econometric specification.- - - - - - - -25
3.4 Economic apriori criteria.- - - - - - - -26
3.5 Statistical criteria [first order test]. - - - - - - -27
3.6 Estimation Technique. - - - - - - - - -27
3.7 Econometric criteria [second order test].- - - - - -28

CHAPTER FOUR
4.1 Presentation of result. - - - - - - - - -29
4.2 Analysis of the result. - - - - - - - - -30

CHAPTER FIVE
5.1 Summary. - - - - - - - - - - -39
5.2 Policy recommendation.- - - - - - - - -40
5.3 Conclusion.- - - - - - - - - - -41
Bibliography - - - - - - - - - - -43
Appendix 1

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THE IMPACT OF LABOUR MARKET CRISIS ON DEVELOPING ECONOMIES; THE NIGERIAN EXPERIENCE

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