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Growth and Inflation in Turkey

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  • Alkan, Berkay

Abstract

In this paper I investigate the empirical relationship between economic growth (as measured by growth in real GDP) and inflation in Turkey. We use a relatively large dataset spanning from 1960 to 2020. Our correlation analysis indicates that the nature of the relationship between inflation and unemployment in Turkey is substantially different before and after early 1980s.

Suggested Citation

  • Alkan, Berkay, 2021. "Growth and Inflation in Turkey," MPRA Paper 111227, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:111227
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    File URL: https://mpra.ub.uni-muenchen.de/111227/1/MPRA_paper_111227.pdf
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    References listed on IDEAS

    as
    1. Dila Asfuroglu & Ceyhun Elgin, 2016. "Growth Effects Of Inflation Under The Presence Of Informality," Bulletin of Economic Research, Wiley Blackwell, vol. 68(4), pages 311-328, October.
    2. Özcan Karahan & Olcay Çolak, 2020. "Inflation and Economic Growth in Turkey: Evidence from a Nonlinear ARDL Approach," Springer Proceedings in Business and Economics, in: Marietta Janowicz-Lomott & Krzysztof Łyskawa & Persefoni Polychronidou & Anastasios Karasavvoglou (ed.), Economic and Financial Challenges for Balkan and Eastern European Countries, pages 33-45, Springer.
    3. Mr. Daniel Leigh & Mr. Marco Rossi, 2002. "Leading Indicators of Growth and Inflation in Turkey," IMF Working Papers 2002/231, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    growth; inflation; Turkish economy;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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