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Labor Force Participation Rate and Economic Growth: Observations for Turkey

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  • Kargi, Bilal

Abstract

Although some discussions about the relation between population and the economic growth are made for a long time, today there is a general opinion that the population growth has positive relation with the economic growth. This opinion is also supported by the empirical studies. Despite there is a growth directly advancing with the population growth, the advancing of the population in the opposite direction with the rate of the labor force participation is thought to be a paradox. This paradox reveals some concepts, namely, "jobless growth" and " unskilled growth". In this study, an explanation is sought about the remaining or less increasing of the rate of the labor force participation although a linear relation between the GDP and the population and the labor. The official statements refer that this paradox is related with the lack of female participation in the labor force and employment in the agricultural sector to be falling. This study tries to point that this quantity cannot create a quality although the growth is quantitative.

Suggested Citation

  • Kargi, Bilal, 2014. "Labor Force Participation Rate and Economic Growth: Observations for Turkey," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 4(4), pages 46-54.
    • Handle: RePEc:zbw:espost:97130
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    References listed on IDEAS

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    1. Willi Semmler & Jeff Madrick & Tarron Khemraj, 2006. "Okun's Law and Jobless Growth," SCEPA policy note series. 2006-03, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
    2. Plosser, Charles I. & Schwert, G. William, 1979. "Potential GNP: Its measurement and significance : A dissenting opinion," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 10(1), pages 179-186, January.
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    Cited by:

    1. Muhammad M. Yakubu & Benedict N. Akanegbu & Jelilov G, 2020. "Labour Force Participation and Economic Growth in Nigeria," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 10(1), pages 1-1.

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    More about this item

    Keywords

    Economic Growth; Labor Force Participation Rate; Labor Markets; Turkish Economy;
    All these keywords.

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General

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