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Journals / Finans Politik ve Ekonomik Yorumlar Dergisi / 2016 / Cilt: 53 - Sayı: 615

The Role of the Goverment Size in Reducing Unemployment

İşsizliğin Azaltılmasında Kamu Kesimi Büyüklüğünün Rolü

MEHMET DURKAYA
SERVET CEYLAN
Pages
23–40
DOI
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AI Summary & Key Takeaways

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

The findings indicate that there was an inverse long run relationship between unemployment, real gross domestic product and goverment size.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:In this study, the relationship between the goverment size and the unemployment rate in Turkey has been investigated.
📊
Key Findings & Data:We have used 2002-2014 quarterly data and Bound test was implemented for the determination of the long run relationship and Toda-Yamamoto causality test was used for the establishment of the short run relationship.
💡
Conclusion & Impact:The findings indicate that there was an inverse long run relationship between unemployment, real gross domestic product and goverment size.
🔬Design:Research Article
📍Scope:2002-2014 Verileri
⚙️Variables:Domain Parameters

Abstract

In this study, the relationship between the goverment size and the unemployment rate in Turkey has been investigated. We have used 2002-2014 quarterly data and Bound test was implemented for the determination of the long run relationship and Toda-Yamamoto causality test was used for the establishment of the short run relationship. The findings indicate that there was an inverse long run relationship between unemployment, real gross domestic product and goverment size. However, the goverment size coefficient has been statistically insignificant in the long run equation. In the short run, the bilateral causal relationship from the unemployment rate to the goverment size and from the reel gross domestic product to the unemployment rate was determined

Özet

Çalışmada, Türkiye'de kamu kesimi büyüklüğü ile işsizlik oranı arasındaki ilişkiler araştırılmıştır. 2002-2014 dönemi üçer aylık verilerin yer aldığı araştırmada uzun dönem ilişkiler için sınır testi, kısa dönem ilişkiler için Toda-Yamamoto nedensellik testi kullanılmıştır. Elde edilen bulgular, kamu büyüklüğü, reel gayri safi yurt içi hasıla ile işsizlik arasında uzun dönemli ters yönlü bir ilişkinin olduğunu göstermektedir. Ancak uzun dönem denkleminde kamu kesimi büyüklüğü katsayısı istatistiksel olarak anlamlı bulunamamıştır. Kısa dönemde ise işsizlik oranından kamu kesimi büyüklüğüne ve reel gayri safi yurtiçi hasıladan işsizlik oranına doğru tek yönlü nedensel ilişki tespit edilmiştir

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Cite This Article

DURKAYA, M., CEYLAN, S. (2016). The Role of the Goverment Size in Reducing Unemployment. Finans Politik ve Ekonomik Yorumlar Dergisi, Cilt: 53 - Sayı: 615, 23–40. https://ajindex.com/articles/223928

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