Testing The Validity of Okun’s Law in Islamic Cooperation Organization Countries: Panel Data Analysis

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dc.contributor.authorAkcan, Melike Buse
dc.contributor.authorArik, Müşerref
dc.contributor.authorAzazi, Hasan
dc.date.accessioned2026-02-03T11:53:34Z
dc.date.available2026-02-03T11:53:34Z
dc.date.issued2025
dc.departmentÇanakkale Onsekiz Mart Üniversitesi
dc.description.abstractOkun's law was first studied in the United States sample and appeared in the literature with the study published by Okun in 1962 as an economic law stating that the relationship between unemployment and production loss variables is negative. Okun’s law, supported by subsequent studies, is an important research topic in macroeconomic literature in terms of examining the relationship between unemployment and economic growth variables. Testing the validity of Okun's law is taken into consideration in evaluating the role of employment in the growth of national economies. This study analyses the validity of the Okun law on the Organization of Islamic Cooperation countries between 1991 and 2023. As a result of the study examining the relationship between economic growth and unemployment variables with panel data analysis, a general assessment was made that Okun's law is valid. This study contributes to the literature as a result of the study choosing the countries of the Organization of Islamic Cooperation as a sample and not finding any study in this framework. © 2025, Statistical Economic and Social Research and. All rights reserved.
dc.identifier.doi10.5281/zenodo.16875021
dc.identifier.endpage240
dc.identifier.issn1308-7800
dc.identifier.issue1
dc.identifier.scopus2-s2.0-105021839011
dc.identifier.scopusqualityQ3
dc.identifier.startpage209
dc.identifier.urihttps://doi.org/10.5281/zenodo.16875021
dc.identifier.urihttps://hdl.handle.net/20.500.12428/34232
dc.identifier.volume46
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherStatistical Economic and Social Research and
dc.relation.ispartofJournal of Economic Cooperation and Development
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_Scopus_20260130
dc.titleTesting The Validity of Okun’s Law in Islamic Cooperation Organization Countries: Panel Data Analysis
dc.typeArticle

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