Analyzing the Effect of Employment in the Agricultural and Industrial Sectors on Economic Growth with the ARDL Bounds Test
DOI:
https://doi.org/10.5281/zenodo.5136851الملخص
One of the important indicators determining the welfare level of a country is its Gross Domestic Product (GDP). However, many parameters affect GDP, and employment in agriculture and industry sectors constitute two of them. This study aims to determine the effect of employment in the agricultural and industrial sectors on economic growth in Turkey with the ARDL bounds test. Turkey's employment rate in the agricultural and industrial sectors of the years 2000-2019 and GDP data were used as material. According to the ARDL model, it was determined that there is a long-term positive relationship between A_Employment and I_Employment and GDP. It was also observed that there was no structural break in the variables. With the Toda-Yamamoto test, a one-way causality relationship from A_Employment to GDP and a two-way causality relationship between S_ employment and GDP were determined.
As a result, although about 20% of total employment in Turkey is in the agricultural sector labor productivity is quite low. This situation leads to an increase in the urban population and thus a decrease in employment in agriculture. Therefore, it is recommended that economic policies be developed to increase labor productivity in the agricultural sector.
التنزيلات
منشور
كيفية الاقتباس
إصدار
القسم
الرخصة
The Author(s) must make formal transfer of copyright for each article prior to publication in the International Journal of Contemporary Economics and Administrative Sciences. Such transfer enables the Journal to defend itself against plagiarism and other forms of copyright infringement. Your cooperation is appreciated. You agree that copyright of your article to be published in the International Journal of Contemporary Economics and Administrative Sciences is hereby transferred, throughout the World and for the full term and all extensions and renewals thereof, to International Journal of Contemporary Economics and Administrative Sciences.
The Author(s) reserve(s): (a) the trademark rights and patent rights, if any, and (b) the right to use all or part of the information contained in this article in future, non-commercial works of the Author's own, or, if the article is a "work-for-hire" and made within the scope of the Author's employment, the employer may use all or part of the information contained in this article for intra-company use, provided the usual acknowledgements are given regarding copyright notice and reference to the original publication.
The Author(s) warrant(s) that the article is Author's original work, and has not been published before. If excerpts from copyrighted works are included, the Author will obtain written permission from the copyright owners and shall credit the sources in the article. The author also warrants that the article contains no libelous or unlawful statements, and does not infringe on the rights of others. If the article was prepared jointly with other Author(s), the Author agrees to inform the co-Author(s) of the terms of the copyright transfer and to sign on their behalf; or in the case of a "work-for-hire" the employer or an authorized representative of the employer.
The journal is registered with the ISSN : 1925-4423.
IJCEAS is licensed under a Creative Commons Attribution 4.0 International License.
This license lets others distribute, remix, tweak, and build upon your work, even commercially, as long as they credit you for the original creation. This is the most accommodating of licenses offered. Recommended for maximum dissemination and use of licensed materials.
