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GDP Growth in Turkey : Inclusive or Not?

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  • Temel Taskin

Abstract

In this paper, we discover the inclusiveness of GDP growth in Turkey over the course of the last decade. In doing so, we use a recently developed method a la Anand et al. (2013) which integrates efficiency and equity dimensions of economic growth in a single measure. We find that Turkish GDP growth was - on average - inclusive between 2002 and 2011. We also investigate cross-region and over-time developments for the available data period, and document significant heterogeneity in inclusiveness of economic growth across these dimensions. Moreover, the regional analysis based on 2006-2011 period reflects an efficiency-equity tradeoff in Turkey’s economic growth.

Suggested Citation

  • Temel Taskin, 2014. "GDP Growth in Turkey : Inclusive or Not?," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 14(2), pages 31-64.
    • Handle: RePEc:tcb:cebare:v:14:y:2014:i:2:p:31-64
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    References listed on IDEAS

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    Cited by:

    1. Zunia Saif Tirmazee & Maryiam Haroon, 2015. "Growth in Pakistan: Inclusive or Not?," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 54(4), pages 335-350.

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    More about this item

    Keywords

    Turkey; Inclusive growth; Regional growth; Income distribution; Per capita income;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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