IDEAS home Printed from https://ideas.repec.org/a/ahs/journl/v5y2020i1p81-90.html

Total Factor Productivity Growth and Demographics: The Case of Turkey

Author

Listed:
  • Uğur URSAVAŞ

Abstract

Total factor productivity plays a crucial role in explaining overall economic growth. One of the important factors affecting the total factor productivity is the demographic structure of countries. All countries in the world are likely to experience demographic transition at some point. There are many channels through which demographic transition may impact total factor productivity. If a country wants to take full advantage of the demographic transition, proper policies should be implemented. This paper attempts to investigate the relationship between demographic factors and the likelihood of total factor productivity growth over the period of 1986-2017 in Turkey. Probit regression is applied to analyze the link between total factor productivity and demographic structure. The results show that an increase in income per capita, urban population, life expectancy at birth, and population density increases the likelihood of total factor productivity growth whereas an increase in capital stock per capita, dependency ratio, young dependency ratio, and fertility rate decreases the probability of total factor productivity growth.

Suggested Citation

  • Uğur URSAVAŞ, 2020. "Total Factor Productivity Growth and Demographics: The Case of Turkey," Journal of Research in Economics, Politics & Finance, Ersan ERSOY, vol. 5(1), pages 81-90.
    • Handle: RePEc:ahs:journl:v:5:y:2020:i:1:p:81-90
    DOI: 10.30784/epfad.690256
    as

    Download full text from publisher

    File URL: http://static.dergipark.org.tr/article-download/aa05/7c27/e0f3/5eaaf47c741e9.pdf?
    Download Restriction: no
    File URL: https://libkey.io/10.30784/epfad.690256?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. James Feyrer, 2007. "Demographics and Productivity," The Review of Economics and Statistics, MIT Press, vol. 89(1), pages 100-109, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Vandenbroucke, Guillaume, 2021. "The baby boomers and the productivity slowdown," European Economic Review, Elsevier, vol. 132(C).
    2. Ilmakunnas, Pekka & Miyakoshi, Tatsuyoshi, 2013. "What are the drivers of TFP in the Aging Economy? Aging labor and ICT capital," Journal of Comparative Economics, Elsevier, vol. 41(1), pages 201-211.
    3. Yunus Aksoy & Henrique S. Basso & Ron P. Smith & Tobias Grasl, 2019. "Demographic Structure and Macroeconomic Trends," American Economic Journal: Macroeconomics, American Economic Association, vol. 11(1), pages 193-222, January.
    4. Okoampah, Sarah, 2016. "Cohort size effects on wages, working status, and work time," Ruhr Economic Papers 629, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    5. Fange Meng & Xin Wen, 2024. "Quality of education, ageing and labor productivity," PLOS ONE, Public Library of Science, vol. 19(12), pages 1-16, December.
    6. Caselli, Francesco, 2005. "Accounting for Cross-Country Income Differences," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 9, pages 679-741, Elsevier.
    7. Rainer Kotschy & David E. Bloom & Andrew J. Scott & Rainer Franz Kotschy, 2024. "On the Limits of Chronological Age," CESifo Working Paper Series 11451, CESifo.
    8. Andrea Kunnert & Peter Mayerhofer & Dieter Pennerstorfer, 2012. "Demographischer Wandel und regionale Produktivitätsentwicklung in Österreich," WIFO Monatsberichte (monthly reports), WIFO, vol. 85(11), pages 863-874, November.
    9. Zuo, Jingjing & Han, Lu & Wang, Wei, 2025. "Who is compressing the “dividends” of employees? Research on the impact of population aging on employee treatment," Emerging Markets Review, Elsevier, vol. 69(C).
    10. Sulekha Hembram & Sushil Kr. Haldar, 2019. "Beta, sigma and club convergence: Indian experience from 1980 to 2015," Indian Economic Review, Springer, vol. 54(2), pages 343-366, December.
    11. Ademola Obafemi Young, 2019. "Economic Growth and Demographic Dividend Nexus in Nigeria: A Vector Autoregressive (VAR) Approach," Asian Social Science, Canadian Center of Science and Education, vol. 15(2), pages 1-37, February.
    12. Muysken, Joan & Ziesemer, Thomas, 2011. "Immigration and growth in an ageing economy - version 2," MERIT Working Papers 2011-037, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    13. Park, Cyn-Young & Shin, Kwanho & Kikkawa, Aiko, 2021. "Aging, automation, and productivity in Korea1," Journal of the Japanese and International Economies, Elsevier, vol. 59(C).
    14. Albert van der Horst & Hugo Rojas-Romagosa & Leon Bettendorf, 2009. "Does employment affect productivity?," CPB Discussion Paper 119, CPB Netherlands Bureau for Economic Policy Analysis.
    15. Nicole Maestas & Kathleen J. Mullen & David Powell, 2023. "The Effect of Population Aging on Economic Growth, the Labor Force, and Productivity," American Economic Journal: Macroeconomics, American Economic Association, vol. 15(2), pages 306-332, April.
    16. Cullmann, Astrid & Stiel, Caroline, 2022. "Cost and productivity effects of demographic changes on local water service," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 79, pages 1-35.
    17. Stephan Brunow & Georg Hirte, 2009. "The age pattern of human capital and regional productivity: A spatial econometric study on german regions," Papers in Regional Science, Wiley Blackwell, vol. 88(4), pages 799-823, November.
    18. Ekrame Boubtane & Jean-Christophe Dumont & Christophe Rault, 2016. "Immigration and economic growth in the OECD countries 1986–2006," Oxford Economic Papers, Oxford University Press, vol. 68(2), pages 340-360.
    19. David E. Bloom & David Canning & Günther Fink & Jocelyn E. Finlay, 2010. "The Cost of Low Fertility in Europe [Le coût de la basse fécondité en Europe]," European Journal of Population, Springer;European Association for Population Studies, vol. 26(2), pages 141-158, May.
    20. Diane Macunovich, 2012. "The role of demographics in precipitating economic downturns," Journal of Population Economics, Springer;European Society for Population Economics, vol. 25(3), pages 783-807, July.

    More about this item

    Keywords

    ;
    ;
    ;

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ahs:journl:v:5:y:2020:i:1:p:81-90. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ersan Ersoy (email available below). General contact details of provider: https://epfjournal.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.