The Relationship Between Wages and Productivity: TAR Unit Root and TAR Cointegration Approach

We analyzed the relationship between wages and productivity in 1990 - 2007 period in Turkey. At the first stage we followed the traditional unit root tests and apply the analysis followed by unit root test procedure proposed by Caner and Hansen (2001). Then we discussed the long run nonlinear relationship between wages and productivity by employing the TAR cointegration analysis developed by Hansen and Seo (2002).

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Year of publication:	2008
Authors:	Bildirici, Melike ; Alp, Aykaç
Published in:	International Journal of Applied Econometrics and Quantitative Studies. - Euro-American Association of Economic Development. - Vol. 5.2008, 1, p. 93-110
Publisher:	Euro-American Association of Economic Development
Subject:	wage \| productivity \| non linear \| TAR unit root \| TAR cointegration

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Type of publication:	Article
Language:	English
Classification:	C32 - Time-Series Models ; J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005607419