Analysis of the Factors Affecting Labour Supply
Öz
According to classical economists, the wage that determines the labor supply is the real wage rate. It is accepted in classics that the substitution effect is bigger than the income effect. In Keynesians, the factor that determines the labor supply is accepted as the nominal wage. This circumstance causes to labor suppliers to fall into error. Monetarist economists accept the labor supply as the function of the expected wage. With reference to them, the selection between working and relaxation is made based on the expected wage level. The sum of employees and unemployed in a country is called as the labor supply. In this context; In this research that made an econometric analysis of the factor determine the labor supply in Turkey case, the labor supply was used as the affected factor. The influencing factors are Inflation (CPI), Manufacturing Industry Production Index (Q), Labor Cost Index (W), Jobless Rate (İO), Labor Productivity(PL), GDP Growth Rate (GR) and Real Export (RX) variables. According to the econometrical results of the research, there is a long termed relationship between inflation, jobless rate, real exportation, labor productivity, real wage, growth, and labor supply.
Anahtar Kelimeler
Kaynakça
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Ayrıntılar
Birincil Dil
İngilizce
Konular
-
Bölüm
Araştırma Makalesi
Yazarlar
Ahmet Oğuz
*
Karabük Üniversitesi
0000-0001-5291-2819
Türkiye
Yayımlanma Tarihi
27 Nisan 2018
Gönderilme Tarihi
14 Mart 2018
Kabul Tarihi
26 Nisan 2018
Yayımlandığı Sayı
Yıl 2018 Sayı: 56