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Türkiye’de İstihdam Yaratmayan Büyüme Olgusunun Dinamik Analizi (Dynamic Analysis of Jobless Growth in Turkey)

Author

Listed:
  • Demiral, Ezgi

    (Doğuş University)

  • Celem, Abreg S.

    (Ondokuz Mayıs University)

Abstract

The indicators of Turkey's economy show that the long-term growth seems not to have provided the desired reduction in the unemployment rate. This indicates that economic growth cannot create sufficient growth in employment, that is known as the jobless growth phenomenon in economics literature. In this study, we examine the dynamic effects of the national income on the unemployment rates in Turkey for the 2005-2015 period. For this purpose, primarily, Perron unit root test was applied to examine the structural breaks in the variables caused by the global crisis in 2008. Subsequently, impulse-response analysis and variance decomposition analysis based on VAR model were applied. As a result of the empirical analysis, it was concluded that the unemployment reduction effect of the growth in national income was only valid in the short term in Turkey.

Suggested Citation

  • Demiral, Ezgi & Celem, Abreg S., 2020. "Türkiye’de İstihdam Yaratmayan Büyüme Olgusunun Dinamik Analizi (Dynamic Analysis of Jobless Growth in Turkey)," Business and Economics Research Journal, Uludag University, Faculty of Economics and Administrative Sciences, vol. 11(1), pages 63-76, January.
  • Handle: RePEc:ris:buecrj:0456
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    More about this item

    Keywords

    Jobless Growth; Unemployment; Growth; 2008 Global Crisis; VAR Model Analysis;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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