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Relationships between Employment and Growth from Industrial Perspective by Considering Employment Incentives: The Case of Turkey

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  • Emre Aksoy

    (K r kkale University, Economics Department, Yah ihan,K r kkale, Turkey)

Abstract

By using quarterly data this study applied Toda-Yamamoto (1995) method for the period 1988-2010 to uncover the relationship between growth and employment in aggregate and industrial respects and also to investigate the impacts of investment and employment incentives on employment for Turkish Economy. The findings showed that the relationship between growth and employment varied with the industries. The study covers ten industries and there were causalities detected for four out of ten industries, either one or two ways. For the rest six industries covered in the study, there was no causal relationship obtained. The incentives impacts on employment, similarly, vary with industries. The law numbered as 5084 had positive and statistically significant influences on social service, manufacturing, and transportation and communication industries while the law numbered as 5763 extracted positive and significant influences on energy production and distribution, and financial intermediation industries.

Suggested Citation

  • Emre Aksoy, 2013. "Relationships between Employment and Growth from Industrial Perspective by Considering Employment Incentives: The Case of Turkey," International Journal of Economics and Financial Issues, Econjournals, vol. 3(1), pages 74-86.
    • Handle: RePEc:eco:journ1:2013-01-8
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    References listed on IDEAS

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    Cited by:

    1. Ugur Korkut PATA & Suleyman YURTKURAN & Adem KALCA, 2018. "A revisited causality analysis of Okun’s Law: The case of Turkey," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(617), W), pages 121-134, Winter.
    2. Özge BARIŞ-TÜZEMEN & Samet TÜZEMEN, 2019. "The Relationship between Unemployment and Growth: Evidence from Turkish Manufacturing Industry," Sosyoekonomi Journal, Sosyoekonomi Society.
    3. Halit Basbuga & Hatip Kitapci, 2020. "The Effects of the Incentive for Young and Female Employment Regulated By Law No. 6111 and Macroeconomic Variables on Employment, Informal Employment, and," International Journal of Economics and Financial Issues, Econjournals, vol. 10(5), pages 178-186.
    4. Halit Basbuga & Hakan Kitapci & Enes Cengiz Oguz & Yusuf Elkoca, 2022. "Active Labour Market Policies and Macroeconomic Variables on Employment, Informal Employment and Income Effects: The case of Turkey," International Journal of Economics and Financial Issues, Econjournals, vol. 12(2), pages 72-83, March.

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    More about this item

    Keywords

    Employment incentives; employment growth; economic growth; Toda-Yamamoto; granger causality;
    All these keywords.

    JEL classification:

    • J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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