The relationship between firm formation and unemployment: Evidence from Türkiye

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Küçük Resim

Tarih

2025

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

MDPI

Erişim Hakkı

info:eu-repo/semantics/openAccess

Araştırma projeleri

Organizasyon Birimleri

Dergi sayısı

Özet

This paper aims to explore the relationship between firm formation and unemployment using regional and city-level Turkish data. We focus on the post-2008 financial crisis period and analyze the effects of unemployment and other control variables on firm formation at NUTS-II and NUTS-III regions of Türkiye. We estimate a fixed-effects panel data model and control for GDP per capita, urbanization, population density, patents, high school education, and higher education. Our results suggest that there is a significant positive effect of unemployment on new firm formation. The analysis concerning the converse relation, the impact of firm formation on unemployment, reveals no significant results at the NUTS-II level; however, a significant negative relationship is found at the city level with 4- and 5-year lags. Unemployment; Firm Formation; Schumpeter Effect; Refugee Effect; Regional Analysis

Açıklama

Anahtar Kelimeler

Unemployment, Firm Formation, Schumpeter Effect, Refugee Effect, Regional Analysis

Kaynak

Economies

WoS Q Değeri

Q2

Scopus Q Değeri

Q1

Cilt

13

Sayı

2

Künye

Moiz, M. ve Genç İleri, Ş. (2025). The relationship between firm formation and unemployment: Evidence from Türkiye. Economies, 13(2), 1-22. https://doi.org/10.3390/economies13020028