Relationships between Employment and Growth from Industrial Perspective by Considering Employment Incentives: The Case of Turkey

By using quarterly data this study applied Toda-Yamamoto (1995) method for the period 1988-2010 to uncover the relationship between growth and employment in aggregate and industrial respects and also to investigate the impacts of investment and employment incentives on employment for Turkish Econom...

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Main Author: Emre Aksoy
Format: Article
Language:English
Published: EconJournals 2012-12-01
Series:International Journal of Economics and Financial Issues
Online Access:http://mail.econjournals.com/index.php/ijefi/article/view/346
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author Emre Aksoy
author_facet Emre Aksoy
author_sort Emre Aksoy
collection DOAJ
description By using quarterly data this study applied Toda-Yamamoto (1995) method for the period 1988-2010 to uncover the relationship between growth and employment in aggregate and industrial respects and also to investigate the impacts of investment and employment incentives on employment for Turkish Economy. The findings showed that the relationship between growth and employment varied with the industries. The study covers ten industries and there were causalities detected for four out of ten industries, either one or two ways. For the rest six industries covered in the study, there was no causal relationship obtained. The incentives impacts on employment, similarly, vary with industries. The law numbered as 5084 had positive and statistically significant influences on social service, manufacturing, and transportation and communication industries while the law numbered as 5763 extracted positive and significant influences on energy production and distribution, and financial intermediation industries. Keywords: Employment incentives; employment growth; economic growth; Toda-Yamamoto granger causality  JEL Classifications: JO8; E24
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spelling doaj.art-394b6122f36a406890e0d8a5c8ad47c72023-02-15T16:09:50ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382012-12-0131Relationships between Employment and Growth from Industrial Perspective by Considering Employment Incentives: The Case of TurkeyEmre Aksoy0Kirikkale University By using quarterly data this study applied Toda-Yamamoto (1995) method for the period 1988-2010 to uncover the relationship between growth and employment in aggregate and industrial respects and also to investigate the impacts of investment and employment incentives on employment for Turkish Economy. The findings showed that the relationship between growth and employment varied with the industries. The study covers ten industries and there were causalities detected for four out of ten industries, either one or two ways. For the rest six industries covered in the study, there was no causal relationship obtained. The incentives impacts on employment, similarly, vary with industries. The law numbered as 5084 had positive and statistically significant influences on social service, manufacturing, and transportation and communication industries while the law numbered as 5763 extracted positive and significant influences on energy production and distribution, and financial intermediation industries. Keywords: Employment incentives; employment growth; economic growth; Toda-Yamamoto granger causality  JEL Classifications: JO8; E24 http://mail.econjournals.com/index.php/ijefi/article/view/346
spellingShingle Emre Aksoy
Relationships between Employment and Growth from Industrial Perspective by Considering Employment Incentives: The Case of Turkey
International Journal of Economics and Financial Issues
title Relationships between Employment and Growth from Industrial Perspective by Considering Employment Incentives: The Case of Turkey
title_full Relationships between Employment and Growth from Industrial Perspective by Considering Employment Incentives: The Case of Turkey
title_fullStr Relationships between Employment and Growth from Industrial Perspective by Considering Employment Incentives: The Case of Turkey
title_full_unstemmed Relationships between Employment and Growth from Industrial Perspective by Considering Employment Incentives: The Case of Turkey
title_short Relationships between Employment and Growth from Industrial Perspective by Considering Employment Incentives: The Case of Turkey
title_sort relationships between employment and growth from industrial perspective by considering employment incentives the case of turkey
url http://mail.econjournals.com/index.php/ijefi/article/view/346
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