Year 2015, Volume 3 , Issue 2, Pages 1 - 11 2015-12-01

The Effect of Minimum Wage Level on Labor Efficency: An Analysis on OECD Countries
Minimum Ücret Seviyesinin Çalışma Etkinliğine Etkisi: OECD Ülkeleri Üzerine Bir Analiz

Engin Aras [1]


In this study, the effect of the changes in the minimum wage on the labor productivity is analyzed in the countries where the minimum wage, which is the minimal payment in exchange for the labor, is determined by the legal authorities. Australia, Belgium, Canada, Czech Republic, France, Greece, Netherlands, Spain, Japan and the United States are in the list of the High Income Countries and Turkey and Hungary are in the list of Upper and Middle-Income Countries of the World Bank, which are the subjects of the current study. By using the minimum wage and labor productivity data of the years between 1995 and 2011, the estimations are made by panel data analysis method. As a result of the analysis, it was determined that the changes in the minimum wage had statistically significant effects on the labor productivity. 

Bu çalışmada, emeğin karşılığı olarak ödenmesi zorunlu olan en düşük ücret düzeyi asgari ücretin yasal otorite tarafından belirlendiği ülkelerde, asgari ücretteki değişmelerin işgücü verimliliği üzerindeki etkileri analiz edilmektedir. Çalışmaya konu olan 12 OECD ülkesinden, Avustralya, Belçika, Kanada, Çek Cumhuriyeti, Fransa, Yunanistan, Hollanda, İspanya, Japonya, Amerika Birleşik Devletleri Dünya Bankası’nın Yüksek Gelirli Ülkeler listesinde yer almakta Türkiye ve Macaristan ise Üst Ve Orta Gelirli Ülkeler listesinde yer almaktadır. 1995-2011 yılları arasına ait asgari ücret ve işgücü verimliliği verileri kullanılarak, panel veri analizi yöntemi ile tahmin edilmektedir. Yapılan analizler sonucunda asgari ücretteki değişmelerin işgücü verimliliği üzerinde istatistiksel açıdan anlamlı sonuçları ortaya çıkardığı tespit edilmiştir. 

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Subjects Management, Social, Economics
Journal Section Articles
Authors

Author: Engin Aras (Primary Author)
Country: Turkey


Dates

Publication Date : December 1, 2015

Bibtex @research article { jimeep356520, journal = {Journal of International Management Educational and Economics Perspectives}, issn = {}, eissn = {2602-330X}, address = {Gaziosmanpaşa Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, Merkez/TOKAT}, publisher = {Ahmet GÜVEN}, year = {2015}, volume = {3}, pages = {1 - 11}, doi = {}, title = {The Effect of Minimum Wage Level on Labor Efficency: An Analysis on OECD Countries}, key = {cite}, author = {Aras, Engin} }
APA Aras, E . (2015). The Effect of Minimum Wage Level on Labor Efficency: An Analysis on OECD Countries. Journal of International Management Educational and Economics Perspectives , 3 (2) , 1-11 . Retrieved from https://dergipark.org.tr/en/pub/jimeep/issue/32348/356520
MLA Aras, E . "The Effect of Minimum Wage Level on Labor Efficency: An Analysis on OECD Countries". Journal of International Management Educational and Economics Perspectives 3 (2015 ): 1-11 <https://dergipark.org.tr/en/pub/jimeep/issue/32348/356520>
Chicago Aras, E . "The Effect of Minimum Wage Level on Labor Efficency: An Analysis on OECD Countries". Journal of International Management Educational and Economics Perspectives 3 (2015 ): 1-11
RIS TY - JOUR T1 - The Effect of Minimum Wage Level on Labor Efficency: An Analysis on OECD Countries AU - Engin Aras Y1 - 2015 PY - 2015 N1 - DO - T2 - Journal of International Management Educational and Economics Perspectives JF - Journal JO - JOR SP - 1 EP - 11 VL - 3 IS - 2 SN - -2602-330X M3 - UR - Y2 - 2015 ER -
EndNote %0 Uluslararası Yönetim Eğitim ve Ekonomik Perspektifler Dergisi The Effect of Minimum Wage Level on Labor Efficency: An Analysis on OECD Countries %A Engin Aras %T The Effect of Minimum Wage Level on Labor Efficency: An Analysis on OECD Countries %D 2015 %J Journal of International Management Educational and Economics Perspectives %P -2602-330X %V 3 %N 2 %R %U
ISNAD Aras, Engin . "The Effect of Minimum Wage Level on Labor Efficency: An Analysis on OECD Countries". Journal of International Management Educational and Economics Perspectives 3 / 2 (December 2015): 1-11 .
AMA Aras E . The Effect of Minimum Wage Level on Labor Efficency: An Analysis on OECD Countries. Journal of International Management Educational and Economics Perspectives. 2015; 3(2): 1-11.
Vancouver Aras E . The Effect of Minimum Wage Level on Labor Efficency: An Analysis on OECD Countries. Journal of International Management Educational and Economics Perspectives. 2015; 3(2): 11-1.