Relationship Between Economic Growth And Unemployment: An Econometric Analysis In Turkey
Ekonomik Büyüme ve İşsizlik Arasındaki İlişki: Türkiyede Ekonometrik Bir Analiz

Author : Erdem BAĞCI -& Mustafa Kerem BÖRÜ
Number of pages : 890-897

Abstract

Over the years, the relationship between economic growth and unemployment has been one of the most major argument in the Turkish economy. In the generally accepted approach states when the growth rate of an economy increases, employment and unemployment rates decrease. Especially in spite of the high economic growth rates achieved in recent years at Turkey, this performance leads to controversy about not being reflected in unemployment rates to the same extent. In a new dimension of debate, it is crucial to reveal the link between economic growth and unemployment rates. In this study, Economic growth and unemployment numbers are analysed by using economic technics for last five decades. As a first step of the conduct, the unit root test is tested, Secondly, the correlation test was used and Granger causality test will be the last step of this study. The empirical findings support; the policy can be changed upon productivity plans and export-led economic growth model.

Keywords

Economic Growth,Unemployment, Granger Causality Test, Correlation Test, Econometric Analysis

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