The Role of GDP on the New Job Vacancies in Turkey: ARDL Analysis

Abstract

This study attempts to find the relationship between GDP and new job vacancies in Turkey. For this aim, ARDL model estimates based on the quarterly data for the years between 1960 and 2019 are utilized. Empirical findings indicate that long-run association between GDP and new job vacancies is positive in Turkey. However, Granger causality is not bilateral between the variables concerned. While GDP Granger causes new job vacancies, the causality does not exist in the opposite direction.This study attempts to find the relationship between GDP and new job vacancies in Turkey. For this aim, ARDL model estimates based on the quarterly data for the years between 1960 and 2019 are utilized. Empirical findings indicate that long-run association between GDP and new job vacancies is positive in Turkey. However, Granger causality is not bilateral between the variables concerned. While GDP Granger causes new job vacancies, the causality does not exist in the opposite direction.