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Some Observations on the Convergence Experience of Turkey

Author

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  • Murat Üngör

    (Research and Monetary Policy Department, Central Bank of the Republic of Turkey, Istiklal Caddesi 10, Ulus, 06100 Ankara, Turkey.)

Abstract

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 during 2002–2007. We argue that the rate of productivity growth will be an important factor for Turkey to converge to per capita income levels in developed countries. Our investigation with different countries and country groups provides motivation for rendering possible comparisons of the similarities between Turkey and Latin America.

Suggested Citation

  • Murat Üngör, 2014. "Some Observations on the Convergence Experience of Turkey," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 56(4), pages 696-719, December.
    • Handle: RePEc:pal:compes:v:56:y:2014:i:4:p:696-719
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    Cited by:

    1. Daron Acemoglu & Murat Ucer, 2015. "The Ups and Downs of Turkish Growth, 2002-2015: Political Dynamics, the European Union and the Institutional Slide," NBER Working Papers 21608, National Bureau of Economic Research, Inc.
    2. Orhan Erem Atesagaoglu & Ceyhun Elgin & Oguz Oztunali, 2017. "TFP growth in Turkey revisited: The effect of informal sector," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 17(1), pages 1-11–17.
    3. Helmut Wagner, 2015. "Structural Change and Mid-Income Trap – Under which conditions can China succeed in moving towards higher income status?," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 12(2), pages 165-188, December.
    4. Selen Andic, 2016. "The Composition of Growth Matters : South Korea vs. Turkey," CBT Research Notes in Economics 1629, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.

    More about this item

    JEL classification:

    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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