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Code and data files for "Relative Underperformance Alla Turca"

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Author Info

  • Tasso Adamopoulos

    (York University)

  • Ahmet Akyol

    (York University)

Abstract

From 1960 to 2003, Turkey has underperformed relative to several Western economies, in terms of hours worked and output per hour. Our sectoral analysis illustrates two points. First, Turkey's large drop in hours is due to the fact that the substantial decline in agricultural hours has not been accompanied by a corresponding increase in nonagricultural market hours. Second, the sectoral composition of output is important for understanding Turkey's relatively weak rise in output per hour. We develop a simple model of structural transformation and home production to provide an account of Turkey's performance relative to the US and Southern Europe. We find that the evolution of exogenous differences in sectoral productivity and taxes, between Turkey and the US, as well as Southern Europe, can account quantitatively for most of Turkey's relative underperformance to these regions. (Copyright: Elsevier)

(This abstract was borrowed from another version of this item.)

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File URL: http://www.EconomicDynamics.org/codes/06/06-158/readme.txt
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File URL: http://www.EconomicDynamics.org/codes/06/06-158/codes.zip
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Bibliographic Info

Software component provided by Review of Economic Dynamics in its series Computer Codes with number 06-158.

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Programming language: Matlab
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Date of creation: 2009
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Handle: RePEc:red:ccodes:06-158

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