Author/Authors :
PEKER, Osman Adnan Menderes Üniversitesi - Nazilli İktisadi ve İdari Bilimler Fakültesi, Turkey , BÖLÜKBAŞ, Mehmet Adnan Menderes Üniversitesi - Nazilli İktisadi ve İdari Bilimler Fakültesi, Turkey
Title Of Article :
AN EMPIRICAL ANALYSIS OF THE FACTORS DETERMINE UNEMPLOYMENT IN TURKEY
Abstract :
In this study, determinants of unemployment for Turkey have been investigated with the help of Johansen Co-integration Method for the period 2000:Q1-2011Q1. According to the findings, a co-integration relation has been founded between variables; increases in confidence index of real sector decrease unemployment rate as expected but increases in the number of collective bargaining agreements for private sector have an increasing impact on unemployment. And according to Error Correction Model’s result; the error correction term coefficient (ECt-1) is negative and statistically significant as expected. Eventually approximately 23% deviations from the long-run equilibrium value eliminate in each period.
NaturalLanguageKeyword :
Determinants of Unemployment , Johansen Co , integration Analysis , Turkey
JournalTitle :
Journal Of Economics and Administrative Sciences, Ataturk University