TY  - JOUR
T1  - Labor Productivity and Human Capital: An Interactive Model
TT  - Emek Verimliliği ve Beşerî Sermaye: İnteraktif Bir Model
AU  - Begeç, Enis
PY  - 2025
DA  - October
Y2  - 2025
DO  - 10.25229/beta.1675194
JF  - Bulletin of Economic Theory and Analysis
JO  - Beta
PB  - Mehmet SONGUR
WT  - DergiPark
SN  - 2548-0707
SP  - 1413
EP  - 1439
VL  - 10
IS  - 3
LA  - en
AB  - The primary objective of the paper is to examine the hypothesis that human capital affects labor productivity directly and indirectly. The paper investigates this relationship using data from 1991 to 2019 for BRICS-T countries, with panel fixed effects and panel random effects models. Moreover, the paper employs the standard error method to examine the marginal effects of trade openness, savings, labor market reforms, and information and communication technology on labor productivity. According to the analysis results, we find strong evidence supporting the hypothesis that human capital influences not only labor productivity directly but also indirectly. The marginal effects of all variables used in the study are also found to be statistically significant.
KW  - Labor Productivity
KW  - Human Capital
KW  - Interactive Model
KW  - Labor Market Reforms
KW  - Information and Communication Technology
N2  - Makalenin temel amacı, beşerî sermayenin, emek verimliliğini sadece doğrudan değil, dolaylı olarak da etkilediği hipotezini incelemektir. Makale, BRICS-T ülkeleri için 1991-2019 yılları arasındaki verileri kullanarak, panel sabit etkiler ve panel rassal etkiler modelleriyle bu ilişkiyi araştırmaktadır. Ayrıca, makale, ticari dışa açıklığın, tasarrufların, işgücü piyasası reformlarının ve bilgi ve iletişim teknolojisinin marjinal etkilerini incelemek için standart hata yöntemini kullanmaktadır. Analiz sonuçlarına göre, beşerî sermayenin emek verimliliğini sadece doğrudan değil, dolaylı olarak da etkilediği hipotezini destekleyen güçlü kanıtlar tespit edilmiştir. Çalışmada kullanılan tüm değişkenlerin marjinal etkilerinin de istatistiksel olarak anlamlı olduğu bulgusuna ulaşılmıştır.
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UR  - https://doi.org/10.25229/beta.1675194
L1  - https://dergipark.org.tr/tr/download/article-file/4769183
ER  -