Real Cost of Employment and Turkish Labour Market: A Panel Cointegration Tests Approach
International Journal of Applied Econometrics and Quantitative Studies, 2004, vol. 1, issue 2, 95-120
The study aims to analyze the probability of employment in Turkey after 1990. In Turkey, real cost of labour sharply increases after 1990. It has happened to become the highest in OECD countries. This affects the employment of the firms and the level of employment in the economy. It is also an indisputable fact that level of labour cost affects the number of operating firms. While unemployment rapidly increases, inability of decreasing the real cost makes the policies aimed at unemployment ineffective.
Keywords: Employment; Panel Cointegration; Unit Roots (search for similar items in EconPapers)
JEL-codes: C22 C23 J (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eaa:ijaeqs:v:1:y2004:i:1_11
Ordering information: This journal article can be ordered from
Access Statistics for this article
More articles in International Journal of Applied Econometrics and Quantitative Studies from Euro-American Association of Economic Development
Bibliographic data for series maintained by M. Carmen Guisan ().