Factors influencing the employment in the private manufacturing industry in Turkey

Abstract

In this study I tried to analyze the effects of the factors such as price index, interest rate and wage index on the employment of the private manufacturing industry in Turkey.ln the model used for the study, not only the determinants itself but also their lags as a variable including the employment have been investigated. The effect ratios of these variables are analyzed and reasons are explained. The most important factor for the employment in the sector seems finally to be the three lagged price index. Because price index is the most volatile factor and effects all other variables indirectly. The second important factor is the one lagged real interest rate and the third one is the price index without lag.