Showing 1 - 10 of 79
When examined in isolation, the 2002-2007 period in Turkey stands out as a high growth period. However, the relative … performance of Turkey in this period is weaker compared to China. The service sector in Turkey had the lowest labor productivity … aggregate productivity in Turkey. Using a newly constructed detailed sectoral database for China, I argue that if the service …
Persistent link: https://www.econbiz.de/10010941438
understanding of the convergence experience of Turkey. We explore some aspects of the convergence process of Turkey and provide some … income, Turkey is closer to Brazil than to Korea. From the 1960s until now, Korea is closing the gap in per capita income … that separates the country from the richest countries of the world. On the other hand, Brazil and Turkey lost ground in the …
Persistent link: https://www.econbiz.de/10010941536
In the first quarter of 2008, along with the beginning of the crisis, the employment share of agriculture in Turkey … productivity growth is needed as it is at the heart of the secular changes in employment shares in Turkey. …
Persistent link: https://www.econbiz.de/10009019462
We provide Bayesian estimates of an empirical model of consumer price inflation for Turkey based on the hybrid New …
Persistent link: https://www.econbiz.de/10010941446
-through asymmetry in the fuel oil market in Turkey. With our approach it is possible to analyze asymmetry at various other grounds …
Persistent link: https://www.econbiz.de/10010941459
This study analyzes core inflation concept for Turkey from the perspective of design and evaluation. To our best … knowledge, this is the first study to evaluate the performance of the core inflation measures for Turkey. We first define and …. Considering the significant shift in the inflation process in Turkey, we split the sample into two as pre- and post-2003 when …
Persistent link: https://www.econbiz.de/10005504815
This paper reviews the literature on the Middle Income Trap and compares Turkey to the rest of the trapped and non … quality education system to avoid the trap. When we compare Turkey’s human capital to human capital in non-trapped countries … competitive productive capacity” to overcome the trap. Our qualitative analysis also demonstrates that Turkey has not been …
Persistent link: https://www.econbiz.de/10010941483
The question of why some countries suffer from crises, while some others can escape from them, is challenging. Empirical evidence suggests that countries with stronger financial institutions are more durable to the wind of crises. In this paper, we investigate empirically whether the link...
Persistent link: https://www.econbiz.de/10010941492
high in Turkey between 2008 and 2011. We find that, on average, 31.5 percent of the rents did not change from year to year …
Persistent link: https://www.econbiz.de/10010941460
This paper estimates NAIRU (Non-Accelerating Inflation Rate of Unemployment) for the Turkish economy as an unobserved stochastic variable by systems approach. Based on a Phillips curve equation combined with an Okun law for output gap and unemployment gap, the systems approach imposes stochastic...
Persistent link: https://www.econbiz.de/10010941465