The effect of government educational expendituron labor productivity in turkish manufacturing sector

dc.authorid57205249587
dc.authorid57205251459
dc.contributor.authorDurmaz A.
dc.contributor.authorPabuçcu H.
dc.date.accessioned20.04.201910:49:12
dc.date.accessioned2019-04-20T21:43:00Z
dc.date.available20.04.201910:49:12
dc.date.available2019-04-20T21:43:00Z
dc.date.issued2018
dc.departmentBayburt Üniversitesien_US
dc.description.abstractLabor productivity is very important phenomena to maintain the sustainable economic growth. Actually, there are many studies in the economic literature about determining the factors affecting labor productivity. At this point, this study aims to investigate the relationship between labor productivity and government educational expenditure by using the data covering the period of 1971-2015 for Turkey. To this aim, it is applied linear and non-linear autoregressive distributed lag model (ARDL). By using the bound testing approach, the long run relationship between variables has been investigated. Both models have been applied to determine whether the relationship between variables is linear or nonlinear. An asymmetric relationship between labor productivity and government educational expenditure was determined. For this reason, nonlinear model is preferred. The empirical findings indicate that positive changes in educational expenditure has negative effect on labor productivity and negative changes in educational expenditure has positive effect on labor productivity. The long run coefficient of openness is significantly positive; the short run coefficient of it is significantly negative for all lags. On the other hand, the effect of GDP growth on the labor productivity is significantly positive in both short and long run. While the effect of average annual labor worked hours is significantly negative for the first two lags, it is significantly positive the last two lags in short run, it is positive but not significant in long run. © 2018, UNIVRIJEKA. All rights reserved.en_US
dc.identifier.doi10.18045/zbefri.2018.2.519
dc.identifier.endpage535
dc.identifier.issn1331-8004
dc.identifier.issue2
dc.identifier.scopus2-s2.0-85059265954en_US
dc.identifier.scopusqualityQ3en_US
dc.identifier.startpage519
dc.identifier.urihttps://dx.doi.org/10.18045/zbefri.2018.2.519
dc.identifier.urihttps://hdl.handle.net/20.500.12403/337
dc.identifier.volume36
dc.identifier.wosWOS:000454542100005en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherUNIVRIJEKA
dc.relation.ispartofZbornik Radova Ekonomskog Fakultet au Rijecien_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectEconomic growth
dc.subjectGovernment educational expenditure
dc.subjectLabor productivity
dc.subjectNon-linear ARDL
dc.subjectOpenness
dc.subjectEconomic growth
dc.subjectGovernment educational expenditure
dc.subjectLabor productivity
dc.subjectNon-linear ARDL
dc.subjectOpenness
dc.titleThe effect of government educational expendituron labor productivity in turkish manufacturing sectoren_US
dc.title.alternativeUtjecaj vladinih rashoda za obrazovanje na produktivnost rada: Ne-linearni ardl pristup na turski proizvodni sektoren_US
dc.typeArticleen_US

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