Showing 1 - 10 of 5,934
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
first motivation is to discuss overall industrial policy developments in Turkey since 1980s. Secondly, we aim to recommend … feasible selective industrial policies for Turkey to support structural transformation. Thirdly, we comment on new Industrial … Policy Strategy in Turkey. In that respect, our three basic research questions are, firstly, "is there still any meaningful …
Persistent link: https://www.econbiz.de/10010320449
This paper aims to investigate the relationship between financial liberalization on the one hand and saving, investment … investment (although there are some signs to believe that liberalization may actually reduce rather than increase domestic saving …), whereas it is positively associated with private investment, as well as with per capita GDP growth. We find a negative …
Persistent link: https://www.econbiz.de/10010284781
total investment in intangibles was 227 billion or approximately two-thirds of the total investment in fixed capital in 2004 …. Thus, investment in intangibles was considerable in 2004. The corresponding figures for the UK and the US were 10.9 and 13 …
Persistent link: https://www.econbiz.de/10010320236
recognizing that firms make substantial investment in intangible assets such as R&D, design, advertising etc. These investments … are not classified as investment in the National Accounts, where only tangible assets are defined as investment. This … paper provides estimates of investment in intangible assets and uses the growth accounting framework to analyze the Swedish …
Persistent link: https://www.econbiz.de/10010320348
This paper is to examine the stock markets role in the capital formation in Pakistan from the period 1st January 2001 to 31st December 2008. This analytical study is based on the data collected from the secondary sources such as State Bank of Pakistan and three stock exchanges; Karachi, Lahore...
Persistent link: https://www.econbiz.de/10011938288
's variable costs is significant, and that in its sunk investment is weak. Investment may be greater when the number of trading …
Persistent link: https://www.econbiz.de/10010332385
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 …
Persistent link: https://www.econbiz.de/10010282126
In this paper we study the interactions and feedbacks between three categories of net capital flows and growth in the Turkish economy for the 1992:01-2009:01 period using frequency domain techniques. Our main spectral analysis tool is a new version of the causality test of Geweke (1982) and...
Persistent link: https://www.econbiz.de/10010320504