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The aim of this study is to test the existence of balance of a payments constraint on the long run economic growth of the Turkish economy. The balance of payments constrained growth (BPCG) model which was developed by Thirlwall (1979) and extended by Thirlwall and Hussain (1982) is tested over...
Persistent link: https://www.econbiz.de/10010288100
East Asian experience as the principal benchmark for comparison, this paper examines whether Turkey is on its way to …
Persistent link: https://www.econbiz.de/10010273648
level data for Turkey. The main findings indicate that female education positively and significantly affects the steady …-state level of labor productivity, while the effect of male education is in general either positive or insignificant. Separate …
Persistent link: https://www.econbiz.de/10010500205
, and establishes empirically, that geographical variations in natural land productivity and their impact on the return to …
Persistent link: https://www.econbiz.de/10011526704
or sector, it is their productivity advantage on the local firm to determine the positive effect on domestic productivity … significant and robust Veblen-Gerschenkrion effect. The initial total factor productivity advantage of MNEs on local firm acts as … a stimulus for productivity growth of local firms in the same region. …
Persistent link: https://www.econbiz.de/10010276891
This paper estimates the impact of financial development on industry-level total factor productivity (TFP) growth using …
Persistent link: https://www.econbiz.de/10010278217
while for five countries no causal relationships were found. On the other hand, Turkey differs from other countries in that …
Persistent link: https://www.econbiz.de/10010500182
below trend - and total factor productivity (TFP), using a panel of 71 developed and developing countries during the period …
Persistent link: https://www.econbiz.de/10010278252
China and India in the 2005 round of the UN International Comparison Programme (ICP) that was coordinated by the World Bank …
Persistent link: https://www.econbiz.de/10011807635
Successful economic development to a large extent derives from the mobilization of underemployed resources. Demand policy can play an important role. It is critical, however, to consider balance of payments constraints and to ensure an expansion of investment in the modern sector. A combination...
Persistent link: https://www.econbiz.de/10010287792