Does human capital have an impact on employment in Turkey? An ARDL analytical perspective

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dc.authorid0000-0002-3425-1997
dc.authorid0000-0003-4773-0206
dc.authorid0000-0003-3253-2178
dc.contributor.authorAbdul Rahman, Mohammed Muntaka
dc.contributor.authorAdeniyi, Abiola
dc.contributor.authorHamidu, Yusuf Agana
dc.date.accessioned2025-01-30T06:17:25Z
dc.date.available2025-01-30T06:17:25Z
dc.date.issued2022
dc.departmentİHÜ, Lisansüstü Eğitim Enstitüsü, İktisat Ana Bilim Dalı
dc.description.abstractHuman capital plays a key role in most production function of economies. In Solow growth model, labor is more efficient and effective per capital when the human capital is well developed. Most research on human capital and employment are centered around microeconomic principles. Thus, focusing firms, and role highly skilled labor play in self-employment, return on sales and investment, business growth and employment opportunities. This study puts an emphasis on the macroeconomics aspects of human capital and employment. Accordingly, this study seeks to answer the question “Does Human Capital have an impact on Employment in Turkey”. Employing data from 1990 – 2019, Human capital (proxied by means, years of schooling, life expectancy at birth, and labor force participation rate) has a long run relationship with employment according to the Bound test we conducted. This suggests that the short run relationship conducted is spurious. More so, health and educational expenditures, and inflation were employed as a policy control variable within the model. We found out that while life expectancy at birth and labor forces participation had positive coefficient with employment, mean years of schooling had a negative impact on employment. As a matter of policy recommendation, a more aggressive policy geared towards job creation, monitoring labor market volatilities, ensuring that labor laws are followed to the latter, stabilizing inflation, and attracting more private sector business expansion is critical in having a sustainable employment opportunities and reduction in unemployment.
dc.identifier.citationAbdul Rahman, M. M., Adeniyi, A. & Hamidu, Y. A. (2022). Does human capital have an impact on employment in Turkey? An ARDL analytical perspective. International Journal of Business and Management Invention, 11(4), 18-27. https://www.doi.org/10.35629/8028-1104021827
dc.identifier.doi10.35629/8028-1104021827
dc.identifier.endpage27
dc.identifier.issn2319-8028
dc.identifier.issn2319-801X
dc.identifier.issue4
dc.identifier.startpage18
dc.identifier.urihttps://www.doi.org/10.35629/8028-1104021827
dc.identifier.urihttps://hdl.handle.net/20.500.12154/3186
dc.identifier.volume11
dc.institutionauthorAbdul Rahman, Mohammed Muntaka
dc.institutionauthorid0000-0002-3425-1997
dc.language.isoen
dc.relation.ispartofInternational Journal of Business and Management Invention
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Öğrenci
dc.relation.publicationcategoryÖğrenci
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectHuman Capital
dc.subjectEmployment
dc.subjectEducation
dc.subjectHealth Expenditure
dc.titleDoes human capital have an impact on employment in Turkey? An ARDL analytical perspective
dc.typeArticle
dspace.entity.typePublication

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