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Regional Variation In New Firm Formation In Turkey: Cross-Section And Panel Data Evidence

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Author Info
Esma Gaygisiz () (Department of Economics, METU)
Miyase Yesim Koksal () (Department of Economics, METU)
Abstract

Since the 1980s the promotion of the formation of new firms has been considered as one of the main policies in dealing with the problem of uneven regional economic development in many countries. The determination of regional characteristics that are influential on new firm formation is quite a bit essential to develop realistic and efficient policies to solve this problem. Turkey is one of the countries with a substantial variation in new firm formation across her regions which are also significantly diversified in terms of social and economic structures. In this context, the present study explores the variation in new firm formation in manufacturing sector across regions of Turkey and investigates the effects of regional characteristics on new firm formation. Furthermore, the study provides a comparison of the differences in regional variation in underlying firm birth processes between developed countries and Turkey as a representative of a developing country.

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File URL: http://www.erc.metu.edu.tr/menu/series03/0308.pdf
File Format: application/pdf
File Function: First version, 2003
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Publisher Info
Paper provided by ERC - Economic Research Center, Middle East Technical University in its series ERC Working Papers with number 0308.

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Length: 41 pages
Date of creation: Aug 2003
Date of revision: Aug 2003
Handle: RePEc:met:wpaper:0308

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Web page: http://www.erc.metu.edu.tr
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Related research
Keywords: Turkey; firm formation; regional dynamics;

Find related papers by JEL classification:
R11 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Analysis of Growth, Development, and Changes
R3 - Urban, Rural, and Regional Economics - - Production Analysis and Firm Location

Cited by:
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  1. Josef Pöschl & Hermine Vidovic & Julia Wörz & Vasily Astrov, 2005. "Turkey:Macroeconomic Vulnerability,Competitiveness and the Labour Market," Working Papers 2005/5, Turkish Economic Association. [Downloadable!]
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