The Dynamic Relationship between Technological Change and Employment: A Comparison of Youth and Total Employment using Panel VAR Approach and Causality Analysis

Yıl: 2022 Cilt: 30 Sayı: 54 Sayfa Aralığı: 11 - 34 Metin Dili: İngilizce DOI: 10.17233/sosyoekonomi.2022.04.01

The Dynamic Relationship between Technological Change and Employment: A Comparison of Youth and Total Employment using Panel VAR Approach and Causality Analysis

Öz:
This study empirically examines the relationship and causality between technological change and employment by comparing youth and total employment. It covers data from 16 OECD economies from 1985 to 2018 and uses multifactor productivity (MFP) as a proxy for technological change. The findings from the general method of moments panel vector autoregression (GMM Panel-VAR) approach indicate significant and positive effects of MFP on youth and total employment, and a significant yet negative impact of youth employment on MFP. According to Panel-VAR-Granger Causality analysis results, there is a two-way causality between MFP and youth employment and a one-way causality from MFP to total employment. Thus, this study empirically confirms the job creation effect of technology and finds out that the technological change and employment nexus differs for youth employment compared to that for total employment.
Anahtar Kelime:

Teknolojik Değişme ve İstihdam Arasındaki Dinamik İlişki: Genç İstihdamı ile Toplam İstihdamın Panel VAR ve Nedensellik Analizleri ile Karşılaştırılması

Öz:
Bu çalışma teknolojik değişme ile istihdam arasındaki ilişkiyi ve nedenselliği, genç istihdamı ile toplam istihdamı karşılaştırarak, ampirik olarak incelemektedir. Çalışma, 16 OECD ülkesi için 1985-2018 arası dönemdeki verileri kapsamakta olup teknolojik değişmenin göstergesi olarak çoklu faktör verimliliğini (ÇFV) kullanmaktadır. Genelleştirilmiş Momentler Panel Vektör Otoregresif (GMM Panel-VAR) analizi bulguları, ÇFV’nin genç ve toplam istihdamın üzerinde anlamlı ve pozitif etkisinin bulunduğunu; genç istihdamın ÇFV üzerindeki etkisinin ise anlamlı fakat negatif olduğunu göstermektedir. Panel VAR-Granger Nedensellik analizi bulgularına göre ise ÇFV ile genç istihdamı arasında çift-yönlü, ÇFV’den toplam istihdama doğru ise tek-yönlü nedensellik bulunmaktadır. Böylelikle bu çalışma ile teknolojik değişmenin iş yaratma etkisi ampirik olarak doğrulanmakta ve teknolojik değişme-istihdam ilişkisinin genç istihdamı için, toplam istihdama kıyasla, farklı olduğu sonucunu ulaşılmıştır.
Anahtar Kelime:

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık
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APA GORKEY S (2022). The Dynamic Relationship between Technological Change and Employment: A Comparison of Youth and Total Employment using Panel VAR Approach and Causality Analysis. , 11 - 34. 10.17233/sosyoekonomi.2022.04.01
Chicago GORKEY SELDA The Dynamic Relationship between Technological Change and Employment: A Comparison of Youth and Total Employment using Panel VAR Approach and Causality Analysis. (2022): 11 - 34. 10.17233/sosyoekonomi.2022.04.01
MLA GORKEY SELDA The Dynamic Relationship between Technological Change and Employment: A Comparison of Youth and Total Employment using Panel VAR Approach and Causality Analysis. , 2022, ss.11 - 34. 10.17233/sosyoekonomi.2022.04.01
AMA GORKEY S The Dynamic Relationship between Technological Change and Employment: A Comparison of Youth and Total Employment using Panel VAR Approach and Causality Analysis. . 2022; 11 - 34. 10.17233/sosyoekonomi.2022.04.01
Vancouver GORKEY S The Dynamic Relationship between Technological Change and Employment: A Comparison of Youth and Total Employment using Panel VAR Approach and Causality Analysis. . 2022; 11 - 34. 10.17233/sosyoekonomi.2022.04.01
IEEE GORKEY S "The Dynamic Relationship between Technological Change and Employment: A Comparison of Youth and Total Employment using Panel VAR Approach and Causality Analysis." , ss.11 - 34, 2022. 10.17233/sosyoekonomi.2022.04.01
ISNAD GORKEY, SELDA. "The Dynamic Relationship between Technological Change and Employment: A Comparison of Youth and Total Employment using Panel VAR Approach and Causality Analysis". (2022), 11-34. https://doi.org/10.17233/sosyoekonomi.2022.04.01
APA GORKEY S (2022). The Dynamic Relationship between Technological Change and Employment: A Comparison of Youth and Total Employment using Panel VAR Approach and Causality Analysis. Sosyoekonomi, 30(54), 11 - 34. 10.17233/sosyoekonomi.2022.04.01
Chicago GORKEY SELDA The Dynamic Relationship between Technological Change and Employment: A Comparison of Youth and Total Employment using Panel VAR Approach and Causality Analysis. Sosyoekonomi 30, no.54 (2022): 11 - 34. 10.17233/sosyoekonomi.2022.04.01
MLA GORKEY SELDA The Dynamic Relationship between Technological Change and Employment: A Comparison of Youth and Total Employment using Panel VAR Approach and Causality Analysis. Sosyoekonomi, vol.30, no.54, 2022, ss.11 - 34. 10.17233/sosyoekonomi.2022.04.01
AMA GORKEY S The Dynamic Relationship between Technological Change and Employment: A Comparison of Youth and Total Employment using Panel VAR Approach and Causality Analysis. Sosyoekonomi. 2022; 30(54): 11 - 34. 10.17233/sosyoekonomi.2022.04.01
Vancouver GORKEY S The Dynamic Relationship between Technological Change and Employment: A Comparison of Youth and Total Employment using Panel VAR Approach and Causality Analysis. Sosyoekonomi. 2022; 30(54): 11 - 34. 10.17233/sosyoekonomi.2022.04.01
IEEE GORKEY S "The Dynamic Relationship between Technological Change and Employment: A Comparison of Youth and Total Employment using Panel VAR Approach and Causality Analysis." Sosyoekonomi, 30, ss.11 - 34, 2022. 10.17233/sosyoekonomi.2022.04.01
ISNAD GORKEY, SELDA. "The Dynamic Relationship between Technological Change and Employment: A Comparison of Youth and Total Employment using Panel VAR Approach and Causality Analysis". Sosyoekonomi 30/54 (2022), 11-34. https://doi.org/10.17233/sosyoekonomi.2022.04.01