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Does Economic Growth Have a Nonlinear Relationship with Unemployment in Türkiye? Evidence From Self-Exciting Threshold Autoregressive Model 经济增长与失业是否存在非线性关系?来自自激阈值自回归模型的证据
Ekonomik yaklaşım Pub Date : 2023-01-01 DOI: 10.5455/ey.28003
Yusuf m, Erhan l
{"title":"Does Economic Growth Have a Nonlinear Relationship with Unemployment in Türkiye? Evidence From Self-Exciting Threshold Autoregressive Model","authors":"Yusuf m, Erhan l","doi":"10.5455/ey.28003","DOIUrl":"https://doi.org/10.5455/ey.28003","url":null,"abstract":"Economic growth and employment have long been a source of concern for economists and policymakers. Okun, an American economist, was the first to examine the relationship between economic growth and unemployment. Okun’s law states that a 3% increase in output results in a 1% drop in unemployment. The main objective of this paper is to examine this hypothesis for Turkish economy by using quarterly data from 2001 to 2023. The relationship between the unemployment and economic growth has been analyzed by employing Granger causality test and self-exciting threshold autoregressive (SETAR) model. According to SETAR findings, there exists a threshold value binding in describing the relationship between unemployment and economic growth. As a result, Okun's Law is applicable to Türkiye.","PeriodicalId":476156,"journal":{"name":"Ekonomik yaklaşım","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135843082","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Impact of Tourism on Economic Development through Circular and Cumulative Causation 旅游对经济发展的循环和累积因果关系
Ekonomik yaklaşım Pub Date : 2023-01-01 DOI: 10.5455/ey.28004
Hacer Altan
{"title":"The Impact of Tourism on Economic Development through Circular and Cumulative Causation","authors":"Hacer Altan","doi":"10.5455/ey.28004","DOIUrl":"https://doi.org/10.5455/ey.28004","url":null,"abstract":"This article is aimed to address the positive effects of the tourism sector on economic development of underdeveloped and developing countries, which are mainly depending on increased exports through the service sector, where tourism plays a crucial role. It will be explained within the framework of circular and cumulative causation concept that tourism can raise living standards and economic development in these countries. The impact of exporting services in international trade on economic growth and hence on economic development can manifest themselves through employment created, market and rising incomes, and foreign exchange inflows. Moreover, it cannot be ignored the gains of tourism sector on decreasing the regional imbalances in a given country.","PeriodicalId":476156,"journal":{"name":"Ekonomik yaklaşım","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135843076","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Inflation Dynamics of Developing Countries in the Process of Globalization 全球化进程中发展中国家的通货膨胀动态
Ekonomik yaklaşım Pub Date : 2023-01-01 DOI: 10.5455/ey.28001
Tolga Aksoy, G Yay
{"title":"Inflation Dynamics of Developing Countries in the Process of Globalization","authors":"Tolga Aksoy, G Yay","doi":"10.5455/ey.28001","DOIUrl":"https://doi.org/10.5455/ey.28001","url":null,"abstract":"Inflation has been one of the most extensive research areas in economics literature due to its impact on purchasing power, income distribution, and economic stability. Several studies in the literature state that developed countries largely resolved their inflation problem in the 1980s, not because of the economic policies applied but due to globalization beginning to dominate the world economy. However, developing countries continued to struggle with high inflation as they integrate into the world economy. The purpose of this study is to test the impact of globalization and domestic economic policies on inflation in developing countries. To this end, we use a panel data set covering the period from 1990 to 2019. According to the results of the Generalized Method of Moments estimation, there is no statistically significant relationship between inflation and economic globalization in developing countries. However, the inflation rate is negatively related to the budget deficit ratio and positively related to the increase in money supply growth rate.","PeriodicalId":476156,"journal":{"name":"Ekonomik yaklaşım","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135843080","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Impact of Wage Taxes on Income-Based Gender Inequality in Turkiye 工资税对土耳其基于收入的性别不平等的影响
Ekonomik yaklaşım Pub Date : 2023-01-01 DOI: 10.5455/ey.28002
Reyhan Karababa, Hakk lmaz
{"title":"The Impact of Wage Taxes on Income-Based Gender Inequality in Turkiye","authors":"Reyhan Karababa, Hakk lmaz","doi":"10.5455/ey.28002","DOIUrl":"https://doi.org/10.5455/ey.28002","url":null,"abstract":"This study investigates implicit gender bias in Turkey's income tax system using panel data from TURKSTAT's household budget survey from 2002 to 2013. The system primarily operates on a withholding tax basis, employing progressive tax rates and a Minimum Living Allowance to reduce payable income tax. Despite addressing the ability to pay, no concrete measures were implemented during that period to bridge the gender pay gap or enhance employment incentives. Regression models using panel data reveal bias in favor of male wage earners regarding income tax tariffs and minimum living allowances within the analyzed period.","PeriodicalId":476156,"journal":{"name":"Ekonomik yaklaşım","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135843083","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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