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The Relationship Between Wages and Productivity: TAR Unit Root and TAR Cointegration Approach

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  • Bildirici, Melike

    ()

  • Alp, Aykaç

    ()

Abstract

We analyzed the relationship between wages and productivity in 1990 - 2007 period in Turkey. At the first stage we followed the traditional unit root tests and apply the analysis followed by unit root test procedure proposed by Caner and Hansen (2001). Then we discussed the long run nonlinear relationship between wages and productivity by employing the TAR cointegration analysis developed by Hansen and Seo (2002).

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Bibliographic Info

Article provided by Euro-American Association of Economic Development in its journal International Journal of Applied Econometrics and Quantitative Studies .

Volume (Year): 5 (2008)
Issue (Month): 1 ()
Pages: 93-110

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Handle: RePEc:eaa:ijaeqs:v:5:y2008:i:1_7

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Related research

Keywords: wage; productivity; non linear; TAR unit root; TAR cointegration;

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Cited by:
  1. Saten Kumar & Don J. Webber & Geoff Perry, 2009. "Real wages, inflation and labour productivity in Australia," Working Papers 0921, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.

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