International Congress on Eurasian Economies

International Conference on Eurasian Economies

29-31 August 2016 – Kaposvár, HUNGARY

Paper detail

Paper ID : 1550
Status : Paper published
Language : Turkish
Topic : Labor Economics and Migration
Presenter: Asst. Prof. Dr. Aslı Cansın Doker
Session : 2C Kalkınma II

The Determinants of Labor Productivity: Analyses on Chosen Countries (1960-2010)
Emek Verimliliğinin Belirleyen Demografik Unsurlar: Seçilmiş Ülkeler Üzerine Analizler (1960-2010)

Abstract

Discussions on economic productivity, in micro analysis aspects there is direct causal relationship between increases or decreases in the production and productivity, whereas it can be said that productivity is based on economic recession or growth in macro analysis aspects. In the literature, while Classical theoreticians is attributed that the source of growth is the marginal productivity of capital, neoclassic school claims that marginal productivity difference provide benefit the country from behind for realization of the convergence hypothesis. Furthermore, increasing efficiency and as the factors this increase efficiency human capital, learning by doing concepts and technology are focused in the endogenous growth theories. In this study, human capital, physical capital per worker, exports per worker, gender differences, fertility, life expectancy and dependent population ratio were determined as determinants of labor productivity. In respect to labor productivity, variables are divided to three main groups in order to economic demographic and social and psychological factors. The variables are placed with taking five years average due to the fact that those variables’ effects reveal themselves more clearly in the long term. In the paper, it was investigated by panel data analysis considering groups of developed and developing countries between 1960 and 2010 period. In this context the degree of efficiency may well be discussed with parameters of selected variables for productivity of labor. Additionally, within framework of descriptive statistics the differences and similarities between countries were interpreted for political recommendations to developing countries how to increase productivity for catching developed countries’ growth trend.

JEL codes: O47, J01, C23

Nişancı, Murat, Doker, Aslı Cansın, Türkmen, Adem, Emsen, Ömer Selçuk (2016). "The Determinants of Labor Productivity: Analyses on Chosen Countries (1960-2010)" in Proceedings of International Conference of Eurasian Economies 2016, pp.412-420, Kaposvár, HUNGARY.

DOI: https://doi.org/10.36880/C07.01550

Full paper in PDF format.

Session 2C: Kalkınma II

Eurasian Economists Association Istanbul Beykent University Kaposvár University Kyrgyz-Turkish Manas University Turkish-Hungarian Businessmen Association TIKA