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This paper examines the long-run relationship between trade open-ness and economic growth across countries over the period 1960-2000. Two strategies are followed in empirical investigation. First, we extend the augmented neo-classical growth model with an openness variable and estimate it by...
Persistent link: https://www.econbiz.de/10010941520
The recent episodes of capital flows to emerging market economies in the aftermath of the global financial crisis once again highlighted the importance of appropriate policy design to cope with strong and volatile capital flows, that are effective not only during surges but also during...
Persistent link: https://www.econbiz.de/10010941469
external financing sources of Turkey, namely FX non-core liabilities of the banking system and portfolio flows, for periods …
Persistent link: https://www.econbiz.de/10010941478
Son 10 yilda endustrilesmis ulkelerin isgucu piyasalarinda uc onemli egilim on plana cikmistir : (i) hizmetler sektorunun agirligi artmis, (ii) meslekler vasiflarina gore siralandiklarinda, dusuk ve yuksek vasifli islerde istihdam payi artmis (isgucu kutuplasmasi), (iii) dusuk ve yuksek vasifli...
Persistent link: https://www.econbiz.de/10010941449
Among better-educated employed men, the fraction of full-time full-year (FTFY) workers is quite high and stable|around 90 percent|over time in the U.S. Among those with lower education levels, however, this fraction is much lower and considerably more volatile, moving within the range of 62{82...
Persistent link: https://www.econbiz.de/10010941463
financial assets (FA) including government bonds and securities (GS) in Turkey using the firm level data compiled by the Central … Bank of the Republic of Turkey over the 1990-2004 period. The salient features of the Turkish financial system with … non-financial firms’ behaviour as financial intermediaries in Turkey. This might be the case also the acceleration of the …
Persistent link: https://www.econbiz.de/10005504814
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
The objective of this study is to analyse the response capacity of Turkish manufacturing industry to growing international competition from low-wage countries and to real exchange rate fluctuations. To analyse these competitive pressures and the responses of enterprises, developments in profit...
Persistent link: https://www.econbiz.de/10005504824
Turkey has the lowest hours worked (the product of total employment and annual hours per worker, divided by the size of … growth model accounts for the decline in total hours worked during 1998-2009 in Turkey. Hours worked increased in Turkey …-varying taxes on consumption and labor play significant roles in explaining the hours worked in Turkey. The subsistence term is …
Persistent link: https://www.econbiz.de/10010941436
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