Since 2014
Does economic growth support the minimum wage? Evidences based in Turkey
Journal of Economics and Political Economy
View Archive Info| Field | Value | |
| Title |
Does economic growth support the minimum wage? Evidences based in Turkey
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| Creator |
KARGI, Bilal; yazar
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| Subject |
Economic growth; Minimum wage; Employment; Unemployment.
F43; E24; J31. |
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| Description |
Abstract. The effects of the growth performances over minimum wages are examined in this study. Minimum wage is a level of income which is determined by the government in order people to be able to maintain humanitarian consumption rate under the economic conditions in which they survive. Such an partial interference to competitive economics can affect many macroeconomic variables. In this study, the relationship between minimum wage and the growth performance is investigated within fast growing Turkish economy. The effects of minimum wage over employment and how the employment rate changes by the effects of minimum wage increases reflect to the growth processes is depicted. After the applied tests, the results are acquired as there is co-integration relationship in the long run between minimum wage and the growth and Granger causality occurred in double direction.Keywords. Economic growth, Minimum wage, Employment, Unemployment.JEL. F43, E24, J31.
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| Publisher |
Journal of Economics and Political Economy
Journal of Economics and Political Economy |
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| Contributor |
—
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| Date |
2018-12-30
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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| Format |
application/pdf
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| Identifier |
http://www.kspjournals.org/index.php/JEPE/article/view/1816
10.1453/jepe.v5i4.1816 |
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| Source |
Journal of Economics and Political Economy; Vol 5, No 4 (2018): December; 439-449
Journal of Economics and Political Economy; Vol 5, No 4 (2018): December; 439-449 2148-8347 |
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| Language |
eng
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| Relation |
http://www.kspjournals.org/index.php/JEPE/article/view/1816/1799
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| Rights |
Copyright (c) 2019 Journal of Economics and Political Economy
http://creativecommons.org/licenses/by-nc/4.0 |
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