Department of Economics and Energy

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Browsing Department of Economics and Energy by Author "Mufuumula, Jude"

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    Agribusiness, Export Performance, and Youth Unemployment in Uganda
    (Makerere University Business School, 2023) Mufuumula, Jude
    This study investigated the effect of Agribusiness (AGRIB) and export performance on Youth unemployment in Uganda. The specific objectives of the study included establishing the effects of agribusiness, export performance on youth unemployment. Employing the Vector Error Correction Model (VECM), the study used time series data that spanned a period of 31 years ranging from 1991 to 2021. The results of the study showed that, in the short run, both agribusiness and export performance had a negative effect on youth unemployment. However,these coefficients were found not to be significant in the short run thus not affecting youth unemployment. In the long run, agribusiness and export performance have negative and significant effect on youth unemployment. The granger casualty test indicated a uni-directional causation running from export performance to youth unemployment. It however indicated no directional causation between agribusiness and youth unemployment at 5% level of significance in Ugandan. The study recommends that the Government needs to boost inflow of modern efficient agricultural technology to quicken and expand agro-output. It also recommends for government-private partnership in training and equipping the youth with entrepreneur skills that are required to fully explore the potentially available opportunities in agribusiness and export sector. Trade barriers should be done away with and new and sustainable trade relations should be sought with other countries.