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Journals / Uluslararası Ekonomi İşletme ve Politika Dergisi / 2026 / Cilt: 9 Sayı: 1

The Impact of Financial Globalization and Digital Transformations on The Unemployment

Finansal Küreselleşme ve Dijital Dönüşüm Sürecinin İşsizliğe Etkisi

Zekiye Örtlek(AKSARAY ÜNİVERSİTESİ, ESKİL MESLEK YÜKSEKOKULU)0000-0003-0547-3782
İsabet Ebru Yazıcıoğlu(KTO KARATAY ÜNİVERSİTESİ)0000-0002-2560-1174
Pages
160–172
Publication Date
2025-04-15
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

This research provides important findings on how financial and technological transformations affect labor markets in advanced economies.

📌 3 Key Takeaways

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Objective & Hypothesis:This study examines the impact of financial globalization and digital transformations on unemployment rates for 29 OECD countries between 2010 and 2021.
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Key Findings & Data:Using the System Generalized Method of Moments (System GMM), a dynamic panel data model, the relationship between unemployment rates and financial globalization, research and development (R&D) expenditures, exports of information and communication technologies (ICT) goods, and exports of insurance and financial services goods is investigated.
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Conclusion & Impact:This research provides important findings on how financial and technological transformations affect labor markets in advanced economies.
🔬Design:Modeling & Simulation
📍Scope:2010 Verileri
⚙️Variables:Finansal Küreselleşme · Dijital Dönüşümler · İşsizlik Oranı

Abstract

This study examines the impact of financial globalization and digital transformations on unemployment rates for 29 OECD countries between 2010 and 2021. Using the System Generalized Method of Moments (System GMM), a dynamic panel data model, the relationship between unemployment rates and financial globalization, research and development (R&D) expenditures, exports of information and communication technologies (ICT) goods, and exports of insurance and financial services goods is investigated. The results of the analysis reveal that financial globalization and GDP growth rate have a significant and negative effect on the unemployment rate, while R&D expenditures have a positive effect. However, the effect of ICT goods exports and insurance and financial services goods exports is found to be statistically insignificant. The study also addresses endogeneity issues by using appropriate instrumental variables and the validity of the instrumental variables is verified by Sargan and Hansen tests. This research provides important findings on how financial and technological transformations affect labor markets in advanced economies.

Özet

Bu çalışma, finansal küreselleşme ve dijital dönüşümlerin işsizlik oranı üzerindeki etkisini 2010-2021 yılları arasında 29 OECD ülkesi için incelemektedir. Dinamik panel veri modellerinden Sistem Genelleştirilmiş Momentler Yöntemi (System GMM) kullanılarak işsizlik oranları ile finansal küreselleşme, araştırma ve geliştirme (Ar-Ge) harcamaları, bilgi ve iletişim teknolojileri (BİT) mal ihracatı ve sigorta ve finansal hizmetler mal ihracatı ile arasındaki ilişki araştırılmıştır. Analiz sonuçları, finansal küreselleşme ve GSYH büyüme oranının işsizlik oranı üzerinde anlamlı ve negatif etkiye sahip olduğunu; Ar-Ge harcamalarının ise pozitif bir etki gösterdiğini ortaya koymaktadır. Ancak, BİT mal ihracatı ve sigorta ve finansal hizmetler mal ihracatının etkisi istatistiksel olarak anlamsız bulunmuştur. Çalışma ayrıca, uygun araç değişkenler kullanılarak içsellik sorunlarını ele almakta ve araç değişkenlerin geçerliliği Sargan testi ile doğrulanmaktadır. Bu araştırma, finansal ve teknolojik dönüşümlerin gelişmiş ekonomilerdeki işgücü piyasalarını nasıl etkilediğine dair önemli bulgular sunmaktadır.

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Cite This Article

Örtlek, Z., Yazıcıoğlu, İ. E. (2025). The Impact of Financial Globalization and Digital Transformations on The Unemployment. Uluslararası Ekonomi İşletme ve Politika Dergisi, Cilt: 9 Sayı: 1, 160–172. https://doi.org/10.29216/ueip.1576503

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