The Relations Between Unemployment and Entrepreneurship in Turkey: Schumpeter or Refugee Effect?

Apaydın, Şükrü (2018): The Relations Between Unemployment and Entrepreneurship in Turkey: Schumpeter or Refugee Effect? Published in: Fiscaoeconomia , Vol. 2, No. 2 (May 2018): pp. 1-14.

Abstract

The main purpose of this study is to determine the relations between unemployment and entrepreneurship in Turkey. Thus, it is empirically investigated whether the effects of Schumpeter and Refugee are valid or not. In the study, the Autoregressive Distributed Lag – ARDL method was adopted and Turkey’s 2000-2016 period data were used. The results of estimation show that there is an inverse relationship between entrepreneurship and unemployment. Accordingly, when the rate of entrepreneurship increases, unemployment decreases or vice versa. Causality is from entrepreneurship to unemployment. In other words, the while the Schumpeter effect is valid, it is concluded that the refugee effect is invalid.

• Item Type: MPRA Paper
• Language: English
• Keywords: Entrepreneurship, Unemployment, ARDL Method, Turkey.
• Subjects: C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables > C22 - Time-Series Models ; Dynamic Quantile Regressions ; Dynamic Treatment Effect Models ; Diffusion Processes; C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C51 - Model Construction and Estimation; E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E24 - Employment ; Unemployment ; Wages ; Intergenerational Income Distribution ; Aggregate Human Capital ; Aggregate Labor Productivity; L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior > L26 - Entrepreneurship; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O31 - Innovation and Invention: Processes and Incentives

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