The Impact of Health Sector Concentration on Unemployment in the G7 Countries

Authors : Elif Tuğçe Bozduman, Melih Özçalik, Birol Erkan

Pages : 321-336

Doi:10.18026/cbayarsos.1324761

View : 62 | Download : 77

Publication Date : 2023-12-28

Article Type : Research Paper

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.
Keywords : Yoğunlaşma, Sağlık Sektörü, İşsizlik, GMM Tahmincisi