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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)

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    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 Function: First version, 2003
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    Bibliographic 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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    Postal: Ankara 06531
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    Web page: http://www.erc.metu.edu.tr
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    Related research

    Keywords: Turkey; firm formation; regional dynamics;

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    Cited by:
    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.

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