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 Faculty of Economics, Administrative and Social Sciences - iisbf@gelisim.edu.tr


23 March 2023 Thursday
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 labour demand in the European Union (EU) and Türkiye. The research aims to clarify the relationships between employment-generating firm growth that represents labour demand and the independent  variables  identified  by  the  authors.  For  this  purpose,  our  method  analyses  the  factors  affecting  labour demand econometrically. In the study, a panel data set of 22 countries, including 21 EU countries and Türkiye, is used for the period of 2014-2019. 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 labour 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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