Journal of Yaşar University
Yazarlar: Mehmet SENTURK, Yusuf AKBAS
Konular:-
DOI:10.19168/jyu.43548
Anahtar Kelimeler:Economic Growth,Unemployment,CPI,Toda-Yamamoto,Bootstrap.
Özet: In this study, it was analysed the relationship among the economic growth unemployment rate and the inflation rate with different methods over the period of 2005: 01-2012: 07. In this context, firstly the stability of series was tested with PP and KPSS unit root tests. In addition, ZivotAndrews (1992) unit root test was performed in order to identify breakage in the series. Finally, TodaYamamoto (1995) and bootstrap causality tests were performed for the determination of causality between the series. As a result, bi-directional causality relationship has been determined between industrial production index and inflation with unemployment rate.