The Impact of Health Sector Concentration on Unemployment in the G7 Countries
The Impact of Health Sector Concentration on Unemployment in the G7 Countries
Author(s): Elif Tuğçe Bozduman, Melih Özçalık, Birol ErkanSubject(s): Labor relations, Health and medicine and law, Socio-Economic Research
Published by: Celal Bayar Üniversitesi Sosyal Bilimler Enstitüsü
Keywords: Concentration; Health Sector; Unemployment; GMM Estimator;
Summary/Abstract: In the study, the health sector concentrations of the G7 countries were measured with the Trade Concentration Index (CR), Herfindahl-Hirschman Index (HHI) and Entropy Index. Then, the Arellano-Bond Generalized Moments Method (GMM), which is the Dynamic Panel Data method, was used to examine the effect of concentration on unemployment in G7 countries. Empirical results show that health sector concentration in the G7 countries is significant and negative in explaining unemployment. Each one-unit increase in concentration reduces unemployment in the G7 countries by 0.017 units.
Journal: Celal Bayar Üniversitesi Sosyal Bilimler Dergisi
- Issue Year: 21/2023
- Issue No: 04
- Page Range: 321-336
- Page Count: 16
- Language: English
