Output-Employment Relationship across Sectors:A Long- versus Short-Run Perspective

Afsin Sahin, Aysıt Tansel () and Hakan Berument ()

No 1305, ERC Working Papers from ERC - Economic Research Center, Middle East Technical University

Abstract: This paper investigates the nature of the output-employment relationship by using the Turkish quarterly data for the period from 1988 to 2008. Even if we fail to find a long-run relationship between aggregate output and total employment, there are long-run relationships for the aggregate output with non-agricultural employment and sectoral employment levels for seven of nine sectors that we consider. However, a further investigation for the output and employment relationship within a short-run perspective do not reveal statistically significant relationships for either total employment, or non-agriculture employment or the eight out of the nine sectors that we consider. Thus, it seems that sustainable growth is an essential economic agenda for employment generation concerning the sectors and that there is a long-run link but weak short run link with demand.

Keywords: Output; Employment; Seasonal Cointegration (search for similar items in EconPapers)
JEL-codes: C32 E24 E32 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2013-05, Revised 2013-05
New Economics Papers: this item is included in nep-ara
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://erc.metu.edu.tr/en/system/files/menu/series13/1305.pdf First version, 2013 (application/pdf)

Related works:
Journal Article: OUTPUT–EMPLOYMENT RELATIONSHIP ACROSS SECTORS: A LONG- VERSUS SHORT-RUN PERSPECTIVE (2015)
Working Paper: Output-Employment Relationship across Sectors: A Long- versus Short-Run Perspective (2013)
Working Paper: Output-Employment Relationship across Sectors: A Long- versus Short-Run Perspective (2013)
Working Paper: Output-Employment Relationship across Sectors: A Long- versus Short-Run Perspective (2013)
Working Paper: Output-Employment Relationship across Sectors: A Long- versus Short-Run Perspective (2012)
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