The Relationship Between Wages and Productivity: TAR Unit Root and TAR Cointegration Approach
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).Download Info
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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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Related research
Keywords: wage; productivity; non linear; TAR unit root; TAR cointegration;Find related papers by JEL classification:
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Kumar, Saten & Webber, Don J. & Perry, Geoff, 2009.
"Real Wages, Inflation and Labour Productivity in Australia,"
MPRA Paper
19293, University Library of Munich, Germany.
- Saten Kumar & Don J. Webber & Geoff Perry, 2012. "Real wages, inflation and labour productivity in Australia," Applied Economics, Taylor and Francis Journals, vol. 44(23), pages 2945-2954, August.
- Saten Kumar & Don J. Webber & Geoff Perry, 2009. "Real wages, inflation and labour productivity in Australia," Discussion Papers 0921, University of the West of England, Department of Economics.
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