The Relationship between Innovation and Unemployent in Emerging Market Economies: Dynamic Panel Data Analysis

Abstract

In economic litrature, there is a concensus on technological innovations have catalystic impact on economic growth. On the other hand, the discussions about effects of innovations on unemployment still continue. In this study; the debate between innovations and unemployment is examined in emerging market economies. Emerging markets are economies which are classifed in developing countries, also have some features of developed countries. While enjoying high economic growth rates, those economies also struggle with high unemployment rates. According to the findings of the study; there is a negative relationship between technological development and unemployment in emerging market economies. However, the strength of this negative relationship is weak.

Keywords

• Economic growth theories
• unemployment
• technological unemployment
• emerging market economies
• panel data analysis
• GMM

Yükselen Piyasa Ekonomilerinde Teknolojik Gelişim ve İşsizlik İlişkisinin İncelenmesi: Dinamik Panel Veri Analizi

Abstract

İktisat literatürü, teknolojik yeniliklerin ekonomik büyüme üzerinde katalizör etkisine sahip olduğu konusunda fikir birliği içerisindedir. Buna karşın, teknolojik yeniliklerin işsizlik üzerine etkileri konusunda tartışmalar devam etmektedir. Bu çalışmada; yükselen piyasa ekonomilerindeki teknolojik gelişimin, işsizlik üzerindeki etkisi incelenmiştir. Yükselen piyasa ekonomileri, gelişmekte olan ülkeler grubu içerisinde yer almasına karşın, bazı nitelikler nedeniyle gelişmiş ülkelere benzemektedirler. Yüksek ekonomik büyüme performansına sahip bu gruptaki ülkelerde, aynı zamanda yüksek işsizlik ile mücadele etmektedir. Çalışmanın bulgularına göre; yükselen piyasa ekonomilerinde teknolojik gelişim ile işsizlik arasında negatif ilişki tespit edilmiştir. İlişkinin negatif yönde olduğu fakat kuvvetinin zayıf olduğu görülmüştür.

Keywords

• Ekonomik büyüme teorileri
• işsizlik türleri
• teknolojik işsizlik
• yükselen piyasa ekonomileri
• panel veri analizi genelleştirilmiş momentler metodu

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