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Impact of Technology on Macro-Level Employment and the Workforce: What are the Implications for Job Creation and Job Destruction in Ghana?
in
Agriculture
/ Compensation
/ Destruction
/ Developing countries
/ Economic development
/ Economic growth
/ Economic Progress
/ Employment
/ Employment Level
/ Foreign investment
/ GDP
/ Gender Differences
/ Government (Administrative Body)
/ Gross Domestic Product
/ Influence of Technology
/ Interest rates
/ Investigations
/ Job creation
/ Job Development
/ Labor force
/ Labor Force Development
/ Labor market
/ LDCs
/ Literature reviews
/ Minimum wage
/ New technology
/ Occupations
/ Productivity
/ Social Indicators
/ Subsidies
/ Technological change
/ Technology
/ Unemployment
/ Wages & salaries
/ Workforce
/ World Problems
2023
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Impact of Technology on Macro-Level Employment and the Workforce: What are the Implications for Job Creation and Job Destruction in Ghana?
by
in
Agriculture
/ Compensation
/ Destruction
/ Developing countries
/ Economic development
/ Economic growth
/ Economic Progress
/ Employment
/ Employment Level
/ Foreign investment
/ GDP
/ Gender Differences
/ Government (Administrative Body)
/ Gross Domestic Product
/ Influence of Technology
/ Interest rates
/ Investigations
/ Job creation
/ Job Development
/ Labor force
/ Labor Force Development
/ Labor market
/ LDCs
/ Literature reviews
/ Minimum wage
/ New technology
/ Occupations
/ Productivity
/ Social Indicators
/ Subsidies
/ Technological change
/ Technology
/ Unemployment
/ Wages & salaries
/ Workforce
/ World Problems
2023
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Do you wish to request the book?
Impact of Technology on Macro-Level Employment and the Workforce: What are the Implications for Job Creation and Job Destruction in Ghana?
in
Agriculture
/ Compensation
/ Destruction
/ Developing countries
/ Economic development
/ Economic growth
/ Economic Progress
/ Employment
/ Employment Level
/ Foreign investment
/ GDP
/ Gender Differences
/ Government (Administrative Body)
/ Gross Domestic Product
/ Influence of Technology
/ Interest rates
/ Investigations
/ Job creation
/ Job Development
/ Labor force
/ Labor Force Development
/ Labor market
/ LDCs
/ Literature reviews
/ Minimum wage
/ New technology
/ Occupations
/ Productivity
/ Social Indicators
/ Subsidies
/ Technological change
/ Technology
/ Unemployment
/ Wages & salaries
/ Workforce
/ World Problems
2023
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Impact of Technology on Macro-Level Employment and the Workforce: What are the Implications for Job Creation and Job Destruction in Ghana?
Journal Article
Impact of Technology on Macro-Level Employment and the Workforce: What are the Implications for Job Creation and Job Destruction in Ghana?
2023
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Overview
Technology whilst creating jobs has destroyed many jobs. The destructive power of technology has led many workers in developing countries, especially Ghana to fight against its introduction. We investigate the effect of technological change on job creation and destruction in Ghana using longitudinal data from the World Development Indicator covering 1990 to 2018. By running the ARDL model, the summative technology-related job destruction is higher in the short run whilst job creation is higher in the long run. Thus, technology has a compensation effect on job destruction and job creation, due to its labour-saving nature. The short and long-run job destruction is higher with increasing importations, interest rate, and minimum wages, however, economic growth, FDI, and exportation increase job creation. Since technology results in higher job destruction, it is important to equip workforce with the technological knowledge before the introduction of new technology.
Publisher
Springer Nature B.V
Subject
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