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We explore some aspects of the convergence process of Turkey and provide some international comparisons tracking the changes in per capita income figures. Turkey lost ground in the last few decades (1977–2001) of the twentieth century. After the lost decades, Turkey had high growth rates...
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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 growth rate. Counterfactual experiments based on a...
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Turkey has the lowest hours worked (the product of total employment and annual hours per worker, divided by the size of the working-age population) among the OECD countries. We study the changes in hours of work following Ohanian, Raffo, and Rogerson (Journal of Monetary Economics, 2008) and...
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