IS LABOR PRODUCTIVITY LINKED to REAL WAGES? AN EMPIRICAL STUDY of the TURKISH MANUFACTURING SECTOR

dc.contributor.authorKorkmaz, Özge
dc.date.accessioned2025-10-24T18:04:06Z
dc.date.available2025-10-24T18:04:06Z
dc.date.issued2021
dc.departmentMalatya Turgut Özal Üniversitesi
dc.description.abstractPurpose: Effective employment policies play a crucial role in national economic strategies. Therefore, exploring the relationship between labor force productivity and real wages is of particular importance for policymakers. Amid the lively debate on the relationship and causal factors related to labor productivity and real wages, this study carefully examines the data related to these factors between 1988:Q1 to 2006:Q4 and 2007:Q1 to 2017:Q4. Methodology: In this study, the ARDL Bounds and Toda-Yamamoto causality tests are utilized to analyze the data from both periods. Findings: Different results were found for each period. Although the results varied in the long-term and the short-term, this study’s key results suggest there is significant evidence of a long-term relationship among the variables for the first period. There is no evidence of a long-term relationship between the unemployment rate, labor productivity per hour and real wages in the second period. Originality: Unlike other studies in the literature, it was examined the relationship between labor productivity and real wages in the Turkish manufacturing industry separately before and after the 2008 financial crisis and also, two different variables were considered for productivity. Partial (labor) productivity was analyzed for the first period and labor productivity per hour for the second period.
dc.identifier.doi10.51551verimlilik.692326
dc.identifier.endpage48
dc.identifier.issn1013-1388
dc.identifier.issn2757-6973
dc.identifier.issue2
dc.identifier.startpage25
dc.identifier.trdizinid503975
dc.identifier.urihttps://doi.org/10.51551verimlilik.692326
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/503975
dc.identifier.urihttps://hdl.handle.net/20.500.12899/2646
dc.indekslendigikaynakTR-Dizin
dc.language.isoen
dc.relation.ispartofVerimlilik Dergisi
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzTR-Dizin_20251023
dc.subjectİşletme
dc.subjectİktisat
dc.subjectİstatistik ve Olasılık
dc.titleIS LABOR PRODUCTIVITY LINKED to REAL WAGES? AN EMPIRICAL STUDY of the TURKISH MANUFACTURING SECTOR
dc.typeArticle

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