Youth Unemployment and Energy Consumption in OECD Countries
Youth unemployment is considered a socio-economic problem with serious consequences. It canincrease criminal activity among youth. Apart from this, current youth unemployment may causea serious loss of the income in the future. Therefore, a potential link between energy consumptionand youth unemployment is explored in this research. Annual panel data have been collected for 34OECD countries between 1991 and 2015. This paper employed a panel VAR approach. The empiricalfindings indicate that youth unemployment responds negatively to energy consumption. These resultswere confirmed using the Granger causality test, which revealed a unidirectional causal link runningfrom energy consumption to youth unemployment. This is why necessary efforts need to be made toincrease youth employment. A negative impact reported in this research gives important insights forkey policy makers. The concluding remarks of this paper discuss policy recommendations in detailand offer insight for future research.
Anahtar Kelimeler:
Causal link, Energy consumption, OECD countries, Panel VAR, Youth unemployment
OECD Ülkelerinde Genç İşsizliği ve Enerji Tüketimi
Genç işsizliği, ciddi sonuçları olan bir sosyo-ekonomik sorun olarak kabul edilmektedir. Bu durumgençler arasında suç faaliyetlerini artırabilmektedir. Bunun dışında, mevcut genç işsizliği gelecekteciddi bir gelir kaybına neden olabilmektedir. Bu nedenle, bu araştırmada enerji tüketimi ile gençişsizliği arasındaki potansiyel bağlantı incelenmiştir. 34 OECD ülkesi için 1991 ve 2015 arası yıllıkpanel verileri toplanmıştır. Bu çalışmada panel VAR yaklaşımı kullanılmıştır. Ampirik bulgular,genç işsizliğinin enerji tüketimine olumsuz yanıt verdiğini göstermektedir. Bu sonuçlar, enerjitüketiminden genç işsizliğe uzanan tek yönlü bir nedensel bağlantı ortaya koyan Granger nedenselliktesti kullanılarak doğrulanmıştır. Bu nedenle gençlerin istihdamını artırmak için gerekli çabalarıngösterilmesi gerekmektedir. Bu araştırmada raporlanan olumsuz bir etki, temel politika yapıcılariçin önemli bilgiler vermektedir. Bu makalenin sonuç yorumları, politika önerilerini ayrıntılı olaraktartışmakta ve gelecekteki araştırmalar için fikir sunmaktadır.
Keywords:
Nedensel bağlantı, Enerji tüketimi, OECD ülkeleri, Panel VAR, Genç işsizlik,
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- ISSN: 2147-8473
- Yayın Aralığı: Yılda 3 Sayı
- Başlangıç: 2012
- Yayıncı: T.C. Gençlik ve Spor Bakanlığı Eğitim, Kültür ve Araştırma genel Müdürlüğü
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