Productivity and Growth in an Unstable Emerging Market Economy: the Case of Turkey, 1960-2004

dc.authorid METIN OZCAN, KIVILCIM/0000-0002-9310-3492
dc.authorscopusid 6507386221
dc.authorscopusid 56632866200
dc.contributor.author Ismihan, Mustafa
dc.contributor.author Metin-Ozcan, Kivilcim
dc.contributor.other Department of Business
dc.date.accessioned 2024-07-05T15:11:46Z
dc.date.available 2024-07-05T15:11:46Z
dc.date.issued 2009
dc.department Atılım University en_US
dc.department-temp [Ismihan, Mustafa] Atilim Univ, Ankara, Turkey; [Metin-Ozcan, Kivilcim] Bilkent Univ, Ankara, Turkey en_US
dc.description METIN OZCAN, KIVILCIM/0000-0002-9310-3492 en_US
dc.description.abstract This paper explores sources of growth in the Turkish economy by performing growth accounting exercises over the 1960-2004 period and relevant subperiods. It also analyzes the role of a number of important policy-related factors, such as infrastructure investment, macroeconomic instability, and imports, on total factor productivity (TFP) by performing cointegration and impulse response analyses. The results suggest that both TFP and capital accumulation were crucial sources of growth during the sample period. Nevertheless, TFP growth displayed enormous variation from 1960 to 2004. The descriptive and empirical evidence suggests that TFP is positively affected by imports and public infrastructure investment and negatively affected by macroeconomic instability. en_US
dc.identifier.citationcount 20
dc.identifier.doi 10.2753/REE1540-496X450501
dc.identifier.endpage 18 en_US
dc.identifier.issn 1540-496X
dc.identifier.issn 1558-0938
dc.identifier.issue 5 en_US
dc.identifier.scopus 2-s2.0-70350348026
dc.identifier.scopusquality Q1
dc.identifier.startpage 4 en_US
dc.identifier.uri https://doi.org/10.2753/REE1540-496X450501
dc.identifier.uri https://hdl.handle.net/20.500.14411/1488
dc.identifier.volume 45 en_US
dc.identifier.wos WOS:000271004700002
dc.identifier.wosquality Q1
dc.institutionauthor İsmihan, Mustafa
dc.language.iso en en_US
dc.publisher Routledge Journals, Taylor & Francis Ltd en_US
dc.relation.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
dc.rights info:eu-repo/semantics/closedAccess en_US
dc.scopus.citedbyCount 17
dc.subject capital accumulation en_US
dc.subject cointegration en_US
dc.subject economic growth en_US
dc.subject growth accounting en_US
dc.subject impulse response analysis en_US
dc.subject macroeconomic instability en_US
dc.subject total factor productivity en_US
dc.title Productivity and Growth in an Unstable Emerging Market Economy: the Case of Turkey, 1960-2004 en_US
dc.type Article en_US
dc.wos.citedbyCount 17
dspace.entity.type Publication
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