UNEMPLOYMENT, INFLATION AND HEALTH PRODUCTIVITY IN NIGERIA

Abstract

The study examined the interactive effects of inflation and unemployment on health productivity in Nigeria with a view to examining the nexus among inflation, unemployment and health productivity in Nigeria between 1986 and 2024.).The objectives of the study were achieved using Dynamic Ordinary Least Square (DOLS) technique. The findings of the study revealed that inflation has a marginally detrimental effect on health productivity while unemployment, maintains positive correlation with health productivity. The results of the interactive effects revealed that the declining rate of inflation positively affects health productivity while unemployment magnify the effect and reducing rate of unemployment positively affect health productivity while inflation rate augments the effect. The study concludes that that high unemployment and inflation can result in a reduction in health productivity and general health in Nigeria.