Pregledni rad
THE EFFECT OF PUBLIC INVESTMENT AND FIRM-BASED INVESTMENT INCENTIVES ON EMPLOYMENT: A PANEL DATA ANALYSIS FOR TURKEY
Hacer Simay Karaalp
orcid.org/0000-0001-9889-1494
; Pamukkale University, Faculty of Economics and Administrative Science, Turkey
Sažetak
This paper investigates the effects of two public policies, public investments and the firm-based
investment incentives within the context of Law No. 5084, which considers the support of employers’
social security premium payments on the private sector employment at the NUTS 3 regional level (81
provinces) of Turkey for the period of 2002-2011. To the best of the author’s knowledge, there appears
to be no empirical study that deals with the effectiveness of both public investment and the investment
incentive within the context of Law No. 5084 on employment at the regional level. The results indicate
that both public investments and incentive investment have a positive impact on employment.
Moreover, the estimation results show that provinces where firm-based incentive investment was
applied within the context of Law No. 5084 indicate a significantly better effect on employment in the
following year. However, during the interpretation of the analysis one should also take into account the
faults of the implementation. On the other hand, public investment for infrastructure and education
also affected employment positively.
Ključne riječi
Employment; Firm-based investment; Public investment
Hrčak ID:
128530
URI
Datum izdavanja:
1.3.2014.
Posjeta: 1.343 *