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Modeling the effect of unemployment augmented industrialization on the control of unemployment

Author

Listed:
  • Pushkar Kumar Singh

    (Banaras Hindu University
    Department of Mathematics, Faculty of Science, Chhatrasal Govt. P G College)

  • Kusum Lata

    (Shri Ramswaroop Memorial University)

  • Arvind Kumar Singh

    (Banaras Hindu University)

  • Arvind Kumar Misra

    (Banaras Hindu University)

Abstract

The increase in human population at large scale has given the birth to the problem of unemployment as industrialization has not taken place in the same proportion. Some developing countries are making efforts for sustainable industrial growth to overcome with this problem. To tackle this problem, in the present paper, we propose a nonlinear mathematical model to study the role of unemployment-dependent industrial growth (geared industrialization) on the control of unemployment. The study of the model is based on using the method of stability theory of differential equations. The study reveals that the sustainable growth of industrialization helps to control the problem of unemployment. Finally, certain numerical calculations have been carried out to support analytical findings.

Suggested Citation

  • Pushkar Kumar Singh & Kusum Lata & Arvind Kumar Singh & Arvind Kumar Misra, 2023. "Modeling the effect of unemployment augmented industrialization on the control of unemployment," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(1), pages 587-600, January.
    • Handle: RePEc:spr:endesu:v:25:y:2023:i:1:d:10.1007_s10668-021-02069-6
    DOI: 10.1007/s10668-021-02069-6
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    References listed on IDEAS

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    1. Omar S. Arias & Carolina Sánchez-Páramo & María E. Dávalos & Indhira Santos & Erwin R. Tiongson & Carola Gruen & Natasha de Andrade Falcão & Gady Saiovici & Cesar A. Cancho, 2014. "Back to Work : Growing with Jobs in Europe and Central Asia," World Bank Publications - Books, The World Bank Group, number 16570.
    2. Hussein TRABULSI, 2019. "Industrial Development and Combating Unemployment in Arab Countries," International Business Research, Canadian Center of Science and Education, vol. 12(9), pages 43-51, September.
    3. Al-Maalwi, Raneah & Al-Sheikh, Sarah & Ashi, H.A. & Asiri, Sharefa, 2021. "Mathematical modeling and parameter estimation of unemployment with the impact of training programs," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 182(C), pages 705-720.
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