Abstract
In this study, the impact of human capital on Turkey's economic growth during 2003-2021 was investigated. For this purpose, the effects of native and foreign labor are examined separately within the framework of the Cobb-Douglas production function. The Johansen cointegration method was used for the analysis. The results of the estimation of the long-run model show that both foreign and native labors have a positive effect on economic growth, with the effect of native labors being larger than the effect of foreign labor. Both native and foreign labor play an essential role in creating the right background for Turkey's economic growth, so native and foreign labor should be used to increase productivity and production.
References
- Akbari, A.H. and Haider, A. (2018) "Impact of Immigration On Economic Growth in Canada and in Its Smaller Provinces", Journal of International Migration and Integration, 19(1): 129-142.
- Aktekin, E. D. (2019) "The Relationship Between Natural Resource Wealth and Economic Growth: A Multi-Country and Comparative Analysis", Master's Thesis, Niğde Ömer Halis Demir University Institute of Social Sciences, Niğde.
- Aşık, B. (2007) "Openness and the Role of Human Capital in Long-Term Growth (A Panel Data Application for Emerging Markets)", Master's Thesis, Yıldız Technical University Institute of Social Sciences, Istanbul
- Barro, R.J. (1991) "Economic Growth in a Cross Section of Countries", The Quarterly Journal of Economics, 106(2): 407-443. https://doi.org/10.2307/2937943.
Abstract
Bu çalışmada beşeri sermayenin 2003-2021 döneminde Türkiye ekonomik büyümesi üzerine etkisi incelenmiştir. Bu amaç için yerli işgücü çalışanların ve yabancı işgücü çalışanların etkisi Cobb-Douglas üretim fonksiyonu çerçevesinde ayrı olarak incelenmiştir. Analizlerin yapılması için Johansen Eşbütünleşme yöntemi kullanılmıştır. Uzun dönemli modelin tahmin sonuçları, hem yerli hem de yabancı işgücünün ekonomik büyüme üzerinde olumlu bir etkiye sahip olduğunu, yerli işgücünün etkisinin yabancı işgücünün etkisinden daha büyük olduğunu göstermektedir. Hem yerli hem de yabancı işgücü, Türkiye'nin ekonomik büyümesi için doğru zeminin oluşturulmasında önemli bir rol oynamaktadır, bu nedenle yerli ve yabancı işgücü, verimliliği ve üretimi artırmak için kullanılmalıdır.
References
- Akbari, A.H. and Haider, A. (2018) "Impact of Immigration On Economic Growth in Canada and in Its Smaller Provinces", Journal of International Migration and Integration, 19(1): 129-142.
- Aktekin, E. D. (2019) "The Relationship Between Natural Resource Wealth and Economic Growth: A Multi-Country and Comparative Analysis", Master's Thesis, Niğde Ömer Halis Demir University Institute of Social Sciences, Niğde.
- Aşık, B. (2007) "Openness and the Role of Human Capital in Long-Term Growth (A Panel Data Application for Emerging Markets)", Master's Thesis, Yıldız Technical University Institute of Social Sciences, Istanbul
- Barro, R.J. (1991) "Economic Growth in a Cross Section of Countries", The Quarterly Journal of Economics, 106(2): 407-443. https://doi.org/10.2307/2937943.
Details
| Primary Language | English |
|---|---|
| Subjects | Economics |
| Journal Section | Articles |
| Authors | |
| Early Pub Date | December 25, 2023 |
| Publication Date | January 1, 2024 |
| Published in Issue | Year 2023 Volume: 21 Issue: 4 |