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 İnstitute of Graduate Studies - lisansustu@gelisim.edu.tr

Economics And Finance (English) (Master) (Non Thesis)








 The new article of Associate Professor Deniz Şişman has been published.


The new article of Associate Professor Deniz Şişman, Faculty Member of Istanbul Gelisim University (IGU), Faculty of Economics, Administrative and Social Sciences (İİSBF), Department of Economics and Finance has been published.


Associate Professor Deniz Şişman's article titled “LABOUR DEMAND ANALYSIS IN THE ICT SECTOR: EU COUNTRIES AND TURKEY” was published in the Journal of World Economy: Transformations & Transitions. The summary of the study is as follows;

“This paper is dedicated to specific research on the information and communications technologies (ICT) sector, where the variables determine labor demand in the European Union (EU) and Türkiye. The research aims to clarify the relationships between employment-generating firm growth that represents labor demand and the independent variables identified by the authors.  For this purpose,  our method analyses the factors affecting labor demand econometrically. In the study, a panel data set of 22 countries, including 21 EU countries and Türkiye, is used from 2014 to 2019. The results show that there is a positive and significant relationship between employment in the  ICT  sector and real gross domestic product  (GDP)  per capita and frequency of internet use. In addition, the results show that the relationship between employment and wage level in the ICT sector is negative and significant.  According to the results obtained from the  Fixed  Effects  (FE)  model,  the elasticity coefficients of the independent variables in the model present for wages (1.53), GDP per capita (3.27), and frequency of internet use (1.60). Finally, we have discussed the results estimated by the Shadow Variable Least Squares (LSDV) method to measure the impact of each country on the overall variability in employment level. As a result of the study, when labor demand is associated with firm employment increase, the countries in the target geography where a significant and positive relationship was found are Belgium, Bulgaria, Croatia, Czechia,  Estonia,  Finland,  Germany,  Hungary,  Italy,  Latvia,  Netherlands,  Poland,  Portugal,  Romania,  Slovakia, Spain, Sweden, and Türkiye”.

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