Araştırma Makalesi
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The Role of GDP on the New Job Vacancies in Turkey: ARDL Analysis

Yıl 2020, Cilt: 9 Sayı: 17, 162 - 169, 30.06.2020

Jülide Yalçınkaya Koyuncu Hüseyin Safa Ünal

Öz

This study attempts to find the relationship between GDP and new job vacancies in Turkey. For this aim, ARDL model estimates based on the quarterly data for the years between 1960 and 2019 are utilized. Empirical findings indicate that long-run association between GDP and new job vacancies is positive in Turkey. However, Granger causality is not bilateral between the variables concerned. While GDP Granger causes new job vacancies, the causality does not exist in the opposite direction.

Anahtar Kelimeler

GDP Job Vacancies ARDL

Kaynakça

  • Abraham, K. G., & Katz, L. F. (1986). Cyclical unemployment: sectoral shifts or aggregate disturbances?. Journal of political Economy, 94(3, Part 1), 507-522.
  • Álvarez, A., & Hofstetter, M. (2014). Job vacancies in Colombia: 1976–2012. IZA Journal of Labor & Development, 3(1), 1-11.
  • Antolín, P. (1994). Unemployment flows and vacancies in Spain (No. 158). University of Oxford, Institute of Economics and Statistics.
  • Bleakley, H., & Fuhrer, J. C. (1997). Shifts in the Beveridge curve, job matching, and labor market dynamics. New England Economic Review, 28, 3-19.
  • Diamond, P., & Blanchard, O. J. (1989). The beveridge curve. Brookings Papers on Economic Activity, 1, 1-76.
  • Dickerson, A. (2003). The distribution and determinants of job vacancies: evidence from the 2001 employers skill survey. Institute for Employment Research Working Paper, University of Warwick.
  • Foley, M. C. (1997). Determinants of unemployment duration in Russia. The Davidson Institute Working Paper Series, Working paper No.81. The William Davidson Institute at the University of Michigan Business School.
  • Federal Reserve Bank of St. Louis (2019). FRED Economic Data. (16.08.2019), Retrieved from: https://fred.stlouisfed.org/series/LMJVTTNVTRQ647S
  • Fujita, S., & Ramey, G. (2007). Job matching and propagation. Journal of Economic dynamics and control, 31(11), 3671-3698.
  • Justiniano, A., & Michelacci, C. (2011). The cyclical behavior of equilibrium unemployment and vacancies in the US and Europe. National Bureau of Economic Research, Working paper No.17429. National Bureau of Economic Research.
  • Miyamoto, H. (2011). Cyclical behavior of unemployment and job vacancies in Japan. Japan and the World Economy, 23(3), 214-225.
  • Mortensen, D. T., & Pissarides, C. A. (1998). Technological progress, job creation, and job destruction. Review of Economic dynamics, 1(4), 733-753.
  • OECD (2019). Main Economic Indicators-complete database. (16.08.2019), Retrieved from: https://www.oecd-ilibrary.org/economics/data/main-economic-indicators/main-economic-indicators-complete-database_data-00052-en
  • OECD (2020). OECD.Stat. (15.05.2020) Retrieved from: https://stats.oecd.org/Index.aspx?DataSetCode=LAB_REG_VAC
  • Petrosky-Nadeau, N. (2014). Credit, vacancies and unemployment fluctuations. Review of Economic Dynamics, 17(2), 191-205.
  • Pholphirul, P. (2013). Immigration, job vacancies, and employment dynamics: Evidence from Thai manufacturers. Journal of Asian Economics, 24, 1-16.
  • Pissarides, C. (1986). Unemployment and vacancies in Britain. Economic policy, 1(3), 499-541.
  • Van Ours, J. C. (1989). Durations of Dutch job vacancies. De Economist, 137(3), 309-327.
  • Van Ours, J. C. (1991). The efficiency of the Dutch labour market in matching unemployment and vacancies. De economist, 139(3), 358-378.
  • Zagorsky, J. L. (1998). Job vacancies in the United States: 1923 to 1994. Review of Economics and Statistics, 80(2), 338-345.
  • Zhang, M. (2008). Cyclical behavior of unemployment and job vacancies: a comparison between Canada and the United States. The BE Journal of Macroeconomics, 8(1).

The Role of GDP on the New Job Vacancies in Turkey: ARDL Analysis

Yıl 2020, Cilt: 9 Sayı: 17, 162 - 169, 30.06.2020

Jülide Yalçınkaya Koyuncu Hüseyin Safa Ünal

Öz

This study attempts to find the relationship between GDP and new job vacancies in Turkey. For this aim, ARDL model estimates based on the quarterly data for the years between 1960 and 2019 are utilized. Empirical findings indicate that long-run association between GDP and new job vacancies is positive in Turkey. However, Granger causality is not bilateral between the variables concerned. While GDP Granger causes new job vacancies, the causality does not exist in the opposite direction.

Anahtar Kelimeler

GDP Job Vacancies ARDL

Kaynakça

  • Abraham, K. G., & Katz, L. F. (1986). Cyclical unemployment: sectoral shifts or aggregate disturbances?. Journal of political Economy, 94(3, Part 1), 507-522.
  • Álvarez, A., & Hofstetter, M. (2014). Job vacancies in Colombia: 1976–2012. IZA Journal of Labor & Development, 3(1), 1-11.
  • Antolín, P. (1994). Unemployment flows and vacancies in Spain (No. 158). University of Oxford, Institute of Economics and Statistics.
  • Bleakley, H., & Fuhrer, J. C. (1997). Shifts in the Beveridge curve, job matching, and labor market dynamics. New England Economic Review, 28, 3-19.
  • Diamond, P., & Blanchard, O. J. (1989). The beveridge curve. Brookings Papers on Economic Activity, 1, 1-76.
  • Dickerson, A. (2003). The distribution and determinants of job vacancies: evidence from the 2001 employers skill survey. Institute for Employment Research Working Paper, University of Warwick.
  • Foley, M. C. (1997). Determinants of unemployment duration in Russia. The Davidson Institute Working Paper Series, Working paper No.81. The William Davidson Institute at the University of Michigan Business School.
  • Federal Reserve Bank of St. Louis (2019). FRED Economic Data. (16.08.2019), Retrieved from: https://fred.stlouisfed.org/series/LMJVTTNVTRQ647S
  • Fujita, S., & Ramey, G. (2007). Job matching and propagation. Journal of Economic dynamics and control, 31(11), 3671-3698.
  • Justiniano, A., & Michelacci, C. (2011). The cyclical behavior of equilibrium unemployment and vacancies in the US and Europe. National Bureau of Economic Research, Working paper No.17429. National Bureau of Economic Research.
  • Miyamoto, H. (2011). Cyclical behavior of unemployment and job vacancies in Japan. Japan and the World Economy, 23(3), 214-225.
  • Mortensen, D. T., & Pissarides, C. A. (1998). Technological progress, job creation, and job destruction. Review of Economic dynamics, 1(4), 733-753.
  • OECD (2019). Main Economic Indicators-complete database. (16.08.2019), Retrieved from: https://www.oecd-ilibrary.org/economics/data/main-economic-indicators/main-economic-indicators-complete-database_data-00052-en
  • OECD (2020). OECD.Stat. (15.05.2020) Retrieved from: https://stats.oecd.org/Index.aspx?DataSetCode=LAB_REG_VAC
  • Petrosky-Nadeau, N. (2014). Credit, vacancies and unemployment fluctuations. Review of Economic Dynamics, 17(2), 191-205.
  • Pholphirul, P. (2013). Immigration, job vacancies, and employment dynamics: Evidence from Thai manufacturers. Journal of Asian Economics, 24, 1-16.
  • Pissarides, C. (1986). Unemployment and vacancies in Britain. Economic policy, 1(3), 499-541.
  • Van Ours, J. C. (1989). Durations of Dutch job vacancies. De Economist, 137(3), 309-327.
  • Van Ours, J. C. (1991). The efficiency of the Dutch labour market in matching unemployment and vacancies. De economist, 139(3), 358-378.
  • Zagorsky, J. L. (1998). Job vacancies in the United States: 1923 to 1994. Review of Economics and Statistics, 80(2), 338-345.
  • Zhang, M. (2008). Cyclical behavior of unemployment and job vacancies: a comparison between Canada and the United States. The BE Journal of Macroeconomics, 8(1).
Toplam 21 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Konular Ekonomi
Bölüm Araştırma Makalesi
Yazarlar

Jülide Yalçınkaya Koyuncu 0000-0001-7930-4901

Hüseyin Safa Ünal 0000-0001-7841-5685

Yayımlanma Tarihi 30 Haziran 2020
Kabul Tarihi 31 Mayıs 2020
Yayımlandığı Sayı Yıl 2020 Cilt: 9 Sayı: 17

Kaynak Göster

APA Yalçınkaya Koyuncu, J., & Ünal, H. S. (2020). The Role of GDP on the New Job Vacancies in Turkey: ARDL Analysis. Balkan Sosyal Bilimler Dergisi, 9(17), 162-169.
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