Labor Force Participation Decision: Discrete Dependent Variable Panel Data Models

Abstract

The labor force participation is important for the growth and development by increasing the economic activities. This study aims to investigate the socioeconomic and demographic factors and the effects of 2008 financial crisis influencing the labor force participation decisions of individuals in working age using discrete dependent variable panel data models. For this purpose, the 2007-2010 Income and Living Conditions Survey Panel Data Set covering the 2008 crisis is used. Since women’s labor force participation rate in Turkey is low, separate models are estimated for men and women enabling us to compare the results. According to the findings, the probability of labor force participation is increasing in both women and men during the crisis. The increase in labor force participation is due to the increase in unemployment in women and employment and unemployment in men. Having a university degree is an important determinant of women’s labor force participation and employment. While being married and having a child decrease the probability of labor force participation for women, increase the probability of labor force participation for men.

Keywords

• Labor Supply,Labor Force Participation,Discrete Dependent Variable Panel Data Models,Panel Logit Model,Panel Multinomial Logit Model

İşgücüne Katılım Kararı: Nitel Bağımlı Değişkenli Panel Veri Modelleri

Abstract

İşgücüne katılım, ekonomik faaliyetlerin arttırılıp büyüme ve kalkınmanın sağlanması açısından önem taşımaktadır. Çalışmanın amacı, çalışma çağında olan bireylerin işgücüne katılım kararları üzerinde sosyo-ekonomik ve demografik etmenler ile 2008 finans krizinin yarattığı etkileri nitel bağımlı değişkenli panel veri modelleriyle incelemektir. Bu amaç doğrultusunda çalışmada, 2008 krizini kapsayan, 2007-2010 Gelir ve Yaşam Koşulları Araştırması Panel Veri Seti kullanılmaktadır. Türkiye'de kadınların işgücüne katılımının düşük olması nedeniyle kadın ve erkekler için ayrı modeller tahmin edilmekte ve karşılaştırma yapılabilmesi sağlanmaktadır. Elde edilen bulgulara göre, kriz döneminde hem kadın hem de erkeklerde işgücüne katılma olasılığı artmaktadır. İşgücüne katılımdaki artış, kadınlarda işsizliğin erkeklerde ise hem istihdam hem de işsizliğin artması ile ortaya çıkmaktadır. Üniversite mezunu olmak, kadınların işgücüne katılımlarında ve istihdamda olmalarında önemli bir belirleyicidir. Evlilik ve hanede küçük çocuk olması kadınların işgücüne katılım olasılığını azaltırken, erkeklerinkini arttırmaktadır.

Keywords

• İşgücü arzı,İşgücüne Katılım,Nitel Bağımlı Değişkenli Panel Veri Modelleri,Panel Logit Model,Panel Multinomial Logit Model

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