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DOI :10.26650/jspc.2020.79.0158   IUP :10.26650/jspc.2020.79.0158    Full Text (PDF)

The Impact of NEET and Labor Market Indicators on Human Development: A Panel Data Analysis for EU-28 Countries

Ufuk Bingöl, Fatih Ayhan

This study aims to investigate the effect of education, unemployment and not-in-education employment or training (NEET) population on human development in the EU-28 countries during the 2004-2018 period by using panel data analysis. According to the panel data analysis results with Common Correlated Effects Mean Group (CCEMG) estimator, the variables unemployment (UNE) and education (EDU) are statistically significant in explaining Human Development Index (HDI) across the panel. In contrast, the variable NEET (NEET) is found to be not statistically significant, but the obtained coefficient is in the expected direction. In this case, a 1% increase in the UNE variable decreases HDI by 0.01%, and a 1% increase in the EDU variable increases HDI by 0.30%. The model appears to be statistically significant. According to the regression estimation results based on for each country, the coefficients vary quantitatively and statistically. Still, it is noteworthy that the NEET variable, which is statistically insignificant throughout the panel, varies statistically from unit to unit. These results confirm that NEET and HDI are negatively correlated in Czechia, Denmark, Finland, and Germany, while positively correlated in France, Poland, and Portugal.

Keywords: Human Development, Neet, Unemployment, Panel data analysis
JEL Classification : E24 , O15 , C23

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APA

Bingöl, U., & Ayhan, F. (2020). The Impact of NEET and Labor Market Indicators on Human Development: A Panel Data Analysis for EU-28 Countries. Journal of Social Policy Conferences, 0(79), 441-468. https://doi.org/10.26650/jspc.2020.79.0158


AMA

Bingöl U, Ayhan F. The Impact of NEET and Labor Market Indicators on Human Development: A Panel Data Analysis for EU-28 Countries. Journal of Social Policy Conferences. 2020;0(79):441-468. https://doi.org/10.26650/jspc.2020.79.0158


ABNT

Bingöl, U.; Ayhan, F. The Impact of NEET and Labor Market Indicators on Human Development: A Panel Data Analysis for EU-28 Countries. Journal of Social Policy Conferences, [Publisher Location], v. 0, n. 79, p. 441-468, 2020.


Chicago: Author-Date Style

Bingöl, Ufuk, and Fatih Ayhan. 2020. “The Impact of NEET and Labor Market Indicators on Human Development: A Panel Data Analysis for EU-28 Countries.” Journal of Social Policy Conferences 0, no. 79: 441-468. https://doi.org/10.26650/jspc.2020.79.0158


Chicago: Humanities Style

Bingöl, Ufuk, and Fatih Ayhan. “The Impact of NEET and Labor Market Indicators on Human Development: A Panel Data Analysis for EU-28 Countries.” Journal of Social Policy Conferences 0, no. 79 (May. 2024): 441-468. https://doi.org/10.26650/jspc.2020.79.0158


Harvard: Australian Style

Bingöl, U & Ayhan, F 2020, 'The Impact of NEET and Labor Market Indicators on Human Development: A Panel Data Analysis for EU-28 Countries', Journal of Social Policy Conferences, vol. 0, no. 79, pp. 441-468, viewed 18 May. 2024, https://doi.org/10.26650/jspc.2020.79.0158


Harvard: Author-Date Style

Bingöl, U. and Ayhan, F. (2020) ‘The Impact of NEET and Labor Market Indicators on Human Development: A Panel Data Analysis for EU-28 Countries’, Journal of Social Policy Conferences, 0(79), pp. 441-468. https://doi.org/10.26650/jspc.2020.79.0158 (18 May. 2024).


MLA

Bingöl, Ufuk, and Fatih Ayhan. “The Impact of NEET and Labor Market Indicators on Human Development: A Panel Data Analysis for EU-28 Countries.” Journal of Social Policy Conferences, vol. 0, no. 79, 2020, pp. 441-468. [Database Container], https://doi.org/10.26650/jspc.2020.79.0158


Vancouver

Bingöl U, Ayhan F. The Impact of NEET and Labor Market Indicators on Human Development: A Panel Data Analysis for EU-28 Countries. Journal of Social Policy Conferences [Internet]. 18 May. 2024 [cited 18 May. 2024];0(79):441-468. Available from: https://doi.org/10.26650/jspc.2020.79.0158 doi: 10.26650/jspc.2020.79.0158


ISNAD

Bingöl, Ufuk - Ayhan, Fatih. “The Impact of NEET and Labor Market Indicators on Human Development: A Panel Data Analysis for EU-28 Countries”. Journal of Social Policy Conferences 0/79 (May. 2024): 441-468. https://doi.org/10.26650/jspc.2020.79.0158



TIMELINE


Submitted23.09.2020
Accepted13.12.2020
Published Online31.12.2020

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