The Data of Labor Market in Turkey and Time Series Analysis on Economic Growth (2000:01-2013:03)

KARGI, Bilal (2014): The Data of Labor Market in Turkey and Time Series Analysis on Economic Growth (2000:01-2013:03). Published in: Emerging Markets Journal , Vol. 3, No. 3 (March 2014): pp. 98-102.

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: Population, labor force rate, economic growth.
• Subjects: J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J21 - Labor Force and Employment, Size, and Structure; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O40 - General; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O52 - Europe

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