The Impact of Health Sector Concentration on Unemployment in the G7 Countries
Öz
In the study, the health sector concentrations of the G7 countries were measured with the Trade Concentration Index (CR), Herfindahl-Hirschman Index (HHI) and Entropy Index. Then, the Arellano-Bond Generalized Moments Method (GMM), which is the Dynamic Panel Data method, was used to examine the effect of concentration on unemployment in G7 countries. Empirical results show that health sector concentration in the G7 countries is significant and negative in explaining unemployment. Each one-unit increase in concentration reduces unemployment in the G7 countries by 0.017 units.
Anahtar Kelimeler
Kaynakça
- Ababa, A. (2012). Determinants of Export Commodity Concentration and Trade Dynamics in Ethiopia. Ethiopia: Ethiopian Economics Association Ethiopian Economics Policy Research Institute.
- Akay, E. Ç. (2018). Dinamik Panel Veri Yöntemleri. S. Güriş içinde, Uygulamalı Panel Veri Ekonometrisi (s. 105-130). İstanbul: DER Yayınları.
- Arellano, M., & Bond, S. (1991). Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations. Oxford University Press, 58(2), 277-297.