Research Article

Economic Growth and Gender-Specific Unemployment: Comparison of Selected Oil Exporters and Eastern European Countries (1996 - 2021)

Volume: 7 Number: 3 January 6, 2025
TR EN

Economic Growth and Gender-Specific Unemployment: Comparison of Selected Oil Exporters and Eastern European Countries (1996 - 2021)

Abstract

In this study, the relationship between economic growth and gender-based unemployment in developing economies was analyzed for the period 1996-2021. Eastern European countries and oil exporting countries constitute the scope of the study. Gender-specific unemployment data consists of annual changes in male, female, and total unemployment. The real GDP growth rate has been included in the model as the dependent variable. In the study using the panel data method, the GDP gap model of Okun's Law was tested for oil-exporting Middle Eastern countries (Model 1) and Eastern European countries (Model 2). According to the PMG and FMOLS results of the First Model, the unemployment rates of women and men in oil-exporting Middle Eastern countries negatively affect economic growth. In other words, as unemployment increases, economic growth slows down and even turns negative. In the second model, the effect of unemployment by gender on growth in Eastern European countries is different from the first model. According to the PMG and FMOLS results, the female unemployment rate positively affects growth, while the direction of the impact of male unemployment rates on growth is negative for both country groups, as expected. There is a same-directional relationship between female unemployment and growth in Model 2 countries. This result shows the prevalence of unemployment benefits and suggests that labor laws in these countries can be effective in reducing the impact of unemployment.

Keywords

Supporting Institution

No financial support was received for the conduct of the research.

Ethical Statement

This paper complies with Research and Publication Ethics, has no conflict of interest to declare, and has received no financial support. The article has been checked for spelling and plagiarism/similarity. The article was evaluated by "at least two external referees" and "double blinding" method. The author(s) sent a signed "Copyright Transfer Form" to the journal. There is no need to obtain ethical permission for the current study as per the legislation. The "Declaration Form Regarding No Ethics Permission Required" was sent to the journal by the authors on this subject.

References

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  7. BOD’A, Martin and POWAZANOVA, Mariana (2015), “Gender Asymmetry in Okun’s Law in the Four PIGS Countries”, Procedia Economics and Finance, S.30, ss.111-123.
  8. BRINCIKOVA, Zuzana and DARMO, Lubomir (2015), “The Impact of Economic Growth on Gender Spesific Unemployment in the EU, Scientific Annals of the Alexandru Ion Cuza”, University of Iaşi Economic Sciences, S.62(3), ss.383-390.

Details

Primary Language

English

Subjects

Panel Data Analysis, Macroeconomics (Other)

Journal Section

Research Article

Publication Date

January 6, 2025

Submission Date

May 22, 2024

Acceptance Date

December 26, 2024

Published in Issue

Year 2024 Volume: 7 Number: 3

APA
Yenipazarlı, A., Şanlı, O., Çondur, F., & Cömertler, N. (2025). Economic Growth and Gender-Specific Unemployment: Comparison of Selected Oil Exporters and Eastern European Countries (1996 - 2021). Uluslararası Yönetim Akademisi Dergisi, 7(3), 774-789. https://doi.org/10.33712/mana.1488396
AMA
1.Yenipazarlı A, Şanlı O, Çondur F, Cömertler N. Economic Growth and Gender-Specific Unemployment: Comparison of Selected Oil Exporters and Eastern European Countries (1996 - 2021). Uluslararası Yönetim Akademisi Dergisi. 2025;7(3):774-789. doi:10.33712/mana.1488396
Chicago
Yenipazarlı, Aslı, Orhan Şanlı, Funda Çondur, and Necmiye Cömertler. 2025. “Economic Growth and Gender-Specific Unemployment: Comparison of Selected Oil Exporters and Eastern European Countries (1996 - 2021)”. Uluslararası Yönetim Akademisi Dergisi 7 (3): 774-89. https://doi.org/10.33712/mana.1488396.
EndNote
Yenipazarlı A, Şanlı O, Çondur F, Cömertler N (January 1, 2025) Economic Growth and Gender-Specific Unemployment: Comparison of Selected Oil Exporters and Eastern European Countries (1996 - 2021). Uluslararası Yönetim Akademisi Dergisi 7 3 774–789.
IEEE
[1]A. Yenipazarlı, O. Şanlı, F. Çondur, and N. Cömertler, “Economic Growth and Gender-Specific Unemployment: Comparison of Selected Oil Exporters and Eastern European Countries (1996 - 2021)”, Uluslararası Yönetim Akademisi Dergisi, vol. 7, no. 3, pp. 774–789, Jan. 2025, doi: 10.33712/mana.1488396.
ISNAD
Yenipazarlı, Aslı - Şanlı, Orhan - Çondur, Funda - Cömertler, Necmiye. “Economic Growth and Gender-Specific Unemployment: Comparison of Selected Oil Exporters and Eastern European Countries (1996 - 2021)”. Uluslararası Yönetim Akademisi Dergisi 7/3 (January 1, 2025): 774-789. https://doi.org/10.33712/mana.1488396.
JAMA
1.Yenipazarlı A, Şanlı O, Çondur F, Cömertler N. Economic Growth and Gender-Specific Unemployment: Comparison of Selected Oil Exporters and Eastern European Countries (1996 - 2021). Uluslararası Yönetim Akademisi Dergisi. 2025;7:774–789.
MLA
Yenipazarlı, Aslı, et al. “Economic Growth and Gender-Specific Unemployment: Comparison of Selected Oil Exporters and Eastern European Countries (1996 - 2021)”. Uluslararası Yönetim Akademisi Dergisi, vol. 7, no. 3, Jan. 2025, pp. 774-89, doi:10.33712/mana.1488396.
Vancouver
1.Aslı Yenipazarlı, Orhan Şanlı, Funda Çondur, Necmiye Cömertler. Economic Growth and Gender-Specific Unemployment: Comparison of Selected Oil Exporters and Eastern European Countries (1996 - 2021). Uluslararası Yönetim Akademisi Dergisi. 2025 Jan. 1;7(3):774-89. doi:10.33712/mana.1488396

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