Output-employment relationship across sectors: A long-versus short-run perspective

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buir.contributor.authorBerument, Hakan
dc.citation.epage288en_US
dc.citation.issueNumber3en_US
dc.citation.spage265en_US
dc.citation.volumeNumber67en_US
dc.contributor.authorŞahin, A.en_US
dc.contributor.authorTansel, A.en_US
dc.contributor.authorBerument, Hakanen_US
dc.date.accessioned2016-02-08T10:19:59Z
dc.date.available2016-02-08T10:19:59Z
dc.date.issued2015en_US
dc.departmentDepartment of Economicsen_US
dc.description.abstractThis paper investigates the nature of the output-employment relationship by using the Turkish quarterly data for the period 1988-2008. Even if we fail to find a long-run relationship between aggregate output and total employment, there are long-run relationships for the aggregate output with non-agricultural employment and sectoral employment levels for seven of nine sectors that we consider. However, a further investigation for the output and employment relationship within a short-run perspective does not reveal statistically significant relationships for either total employment or non-agriculture employment, or eight of the nine sectors that we consider. Although there are various long-run relationships between output and employment, the short-run links between demand and employment are weak. The various implications of this for the economy and the labour market are discussed. As a result, maintaining high levels of output in the long-run creating demand is essential for employment generation. © 2013 Board of Trustees of the Bulletin of Economic Research and John Wiley & Sons Ltd.en_US
dc.identifier.doi10.1111/boer.12017en_US
dc.identifier.eissn1467-8586
dc.identifier.issn0307-3378
dc.identifier.urihttp://hdl.handle.net/11693/23836en_US
dc.language.isoEnglishen_US
dc.publisherWiley-Blackwell Publishingen_US
dc.relation.isversionofhttp://dx.doi.org/10.1111/boer.12017en_US
dc.source.titleBulletin of Economic Researchen_US
dc.subjectEmploymenten_US
dc.subjectOutputen_US
dc.subjectSeasonal cointegrationen_US
dc.titleOutput-employment relationship across sectors: A long-versus short-run perspectiveen_US
dc.typeArticleen_US
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