The Data of Labor Market in Turkey and Time Series Analysis on Economic Growth (2000:01-2013:03)
Bilal Kargi
MPRA Paper from University Library of Munich, Germany
Abstract:
In the present study, labor markets were analyzed, in particular, the reasons of low labor force rate to make sense based on the data of Turkish economy. While in the advanced economies, the labor force rate is quite high and has small fluctuations around a certain extent over a long-term. In the Turkish economy, it prominently falls in a long-term. Turkey is 18th by population size and 17th by GDP in world ranking and although its population effectively provides labor force rate, it will be highly effective on its economic growth. The study that based on co-integration analysis with long-term of the labor data with respect to the economy of Turkey concluded that labor variables concern with GDP and co-integration in a long-term. In particular, when the presence of strong relation between the growth and the non-institutional population is produced, it is emphasized that the present relation between the growth and the labor variable isn’t strong enough.
Keywords: Population; labor force rate; economic growth. (search for similar items in EconPapers)
JEL-codes: J21 O40 O52 (search for similar items in EconPapers)
Date: 2014-01-12
New Economics Papers: this item is included in nep-ara and nep-cwa
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Citations:
Published in Emerging Markets Journal 3.3(2014): pp. 98-102
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:55186
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