Taymaz, Erol; Voyvoda, Ebru; Yılmaz, Kamil - 2021
We analyze the behavior of plant-level real wages and productivity in Turkish manufacturing after the transition to … democracy in 1987 and test whether wages under democracy causes productivity. The Turkish experience provides almost an … experimental case: real wages in manufacturing increased by 120% in the 1987-93 period due to (exogenous) political changes …