OECD ÜLKELERİNDE REEL ÜCRETLER VE EMEK VERİMLİLİĞİ ARASINDAKİ İLİŞKİ: PANEL VERİ ANALİZİ

Abstract

The Classical Economists were assuming the labour as a homogeneous factor and a change that occur in real wages couldn’t effect the labour productivity and couldn’t shift the labour demand curve. But at the middle of the 20th century, The New Keynesian Economists enhanced some criticism against that thought. Accordingly to the New Keynesian Economists increase at real wages can effect the labour productivity as positively. Although New Keynesian Economists also brought some explanation for the involuntary unemployment and developed a few approaches about the real wage rigidities, one has called Efficiency Wage Theory. In this study, following the Efficiency Wage Theory that explained why firms paying a wage which is above the market clearing level to their workers, the relation has tested between the annually wage growth rate (ORUBO) and annually labour productivity growth rate (EVBO) for 34 countries that related to the Organisation for Economic Co-operation and Development (OECD) between the years of 2000 and 2010. According to findings ofPanel Pedroni Cointegration Analysisa cointegration has arised between the labour productivity and the real wages

Keywords

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OECD ÜLKELERİNDE REEL ÜCRETLER VE EMEK VERİMLİLİĞİ ARASINDAKİ İLİŞKİ: PANEL VERİ ANALİZİ

Abstract

Klasik İktisatçılar emeğin homojen olduğunu ve reel ücretlerde meydana gelen bir değişimin emeğin verimliliğini dolayısıyla emek talep eğrisini etkilemediğini varsaymaktaydılar. Ancak 20.y.y’ın ortalarında, Yeni Keynesyen İktisatçılar tarafından bu varsayımlara bazı eleştiriler getirilmiştir. Yeni Keynesyen İktisatçılara göre reel ücretlerdeki artış işçi verimliliğini pozitif yönde etkilemektedir. Ayrıca Yeni Keynesyen İktisatçılar gönülsüz işsizliğe dair açıklamalar getirirken, reel ücret yapışkanlıklarına dair farklı yaklaşımlar geliştirmişlerdir. Etkin Ücret Teorisi de bu yaklaşımlardan biridir.Bu çalışmada, firmaların işçilerine emek piyasası temizlenme düzeyinin üzerinde bir ücret ödemesinin nedenini açıklayan Etkin Ücret Teorisi’nden hareketle, 2000-2010 yılları arasında Ekonomik Kalkınma ve İş Birliği Örgütü’ne (OECD) dahil 34 ülkenin yıllık ortalama reel ücret kazançları büyüme oranı (ORUBO) ile yıllık emek verimliliği büyüme oranı (EVBO) arasındaki ilişki incelenmiştir. Panel Pedroni Koentegrasyon Analizi sonuçlarına gore OECD ülkelerinde emek verimliliği ile reel ücretler arasında koentegrasyon ilişkisi vardır

Keywords

• Etkin Ücret, Verimlilik, Ücret Yapışkanlıkları, Yeni Keynesyen, Kaytarma Modeli

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