The relationship between firm formation and unemployment: Evidence from Türkiye
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Dosyalar
Tarih
2025
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
MDPI
Erişim Hakkı
info:eu-repo/semantics/openAccess
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