Some observations on the convergence experience of Turkey

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Author: Murat Ungor
Date: Dec. 2014
From: Comparative Economic Studies(Vol. 56, Issue 4)
Publisher: Palgrave Macmillan Ltd. (Springer)
Document Type: Report
Length: 8,767 words
Lexile Measure: 1420L

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Abstract :

We explore some aspects of the convergence process of Turkey and provide some international comparisons tracking the changes in per capita income figures. Turkey lost ground in the last few decades (1977-2001) of the twentieth century. After the lost decades, Turkey had high growth rates during 2002-2007. We argue that the rate of productivity growth will be an important factor for Turkey to converge to per capita income levels in developed countries. Our investigation with different countries and country groups provides motivation for rendering possible comparisons of the similarities between Turkey and Latin America. Comparative Economic Studies (2014) 56, 696-719. doi: 10.1057/ces.2014.33; published online 23 October 2014 Keywords: Turkey, comparative studies of countries, convergence, growth accounting JEL Classification: N10, O11, 040, 047, 057

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Gale Document Number: GALE|A393874995