Abstract—The study examined the effects of productivity
growth on employment, capital accumulation and economic
growth in Uganda within the 1972 to 2008 period. Econometric
method was used in the empirical analyses. First, we found that
reduction in economic growth might have come from
productivity growth, and that productivity growth might have
caused unemployment and depletion of capital stock. Second,
we found that both labor and capital productivity growth might
have caused unemployment, decline in both capital
accumulation and economic growth. Third, the study found that
economic growth, capital accumulation and employment, might
have resulted from technical progress.
Index Terms—Capital accumulation, economic growth,
effects, employment, productivity.
J. Alani is with Department of Economics and Business Education,
Faculty of Education and Humanities, Gulu University, P. O. Box 166, Gulu,
Uganda (e-mail: j.alani@gu.ac.ug).
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Cite:Jimmy Alani, "Effects of Productivity Growth on Employment Generation, Capital Accumulation and Economic Growth in Uganda," International Journal of Trade, Economics and Finance vol.3, no.3, pp. 170-175, 2012.