000			01840nam a22001577a 4500
999			_c515419 _d515419
008			210127b ||||| |||| 00| 0 eng d
100			_aKhatun, Fahmida and Saadat, Syed Yusuf _923938
245			_aFourth industrial revolution, technological advancement and youth employment: A South Asian perspective
260			_aSouth Asia Economic Journal
300			_a21(1), Mar, 2020: p.58-75
520			_aTechnological advancement can displace workers with machines, but also create new jobs. Hence, at the crux of the matter lies a race between the rate of technological advancement and the pace at which educational institutions can empower workers with the right skills. For the countries of the South Asian region, generating jobs for youth will prove to be a challenge in the backdrop of the Fourth Industrial Revolution. This paper investigates the impact of technological advancement on youth unemployment in the context of six South Asian countries, namely, Bangladesh, Bhutan, India, Nepal, Pakistan and Sri Lanka. The results of the panel instrumental variables model estimations show that lower secondary completion rate has a negative relationship and capital–labour ratio has a positive relationship with the share of youth not in employment, education or training. However, since the magnitude of the coefficient of the lower secondary completion rate is greater than the magnitude of the coefficient of the capital–labour ratio, it is concluded that education will win the race against technology in South Asia, as long as the educational attainment rates are high enough to offset the impact of technical progress. – Reproduced
650			_aYouth, Unemployment, Education or training (NEET), South Asia _920917
773			_aSouth Asia Economic Journal
906			_aYOUTH EMPLOYMENT - SOUTH ASIA
942			_cAR