AGRICULTURAL PRODUCTIVITY AND GROWTH IN TURKEY
This paper investigates the growth experience of one country in detail in order to enhance our understanding of important factors that affect economic growth. Using a two-sector model, we identify low productivity growth in the agricultural sector as the main reason for the divergence of income per...
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| Veröffentlicht in: | Macroeconomic dynamics 2014-07, Vol.18 (5), p.998-1017 |
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| container_title | Macroeconomic dynamics |
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| creator | Imrohoroglu, Ayse Imrohoroglu, Selahattin Üngör, Murat |
| description | This paper investigates the growth experience of one country in detail in order to enhance our understanding of important factors that affect economic growth. Using a two-sector model, we identify low productivity growth in the agricultural sector as the main reason for the divergence of income per capita between Turkey and its peer countries between 1968 and 2005. An extended model that incorporates distortions in the use of intermediate goods in producing agricultural output indicates that policies that have different effects across sectors and across time may be important in explaining the growth experience of countries. |
| doi_str_mv | 10.1017/S1365100512000727 |
| format | Article |
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| identifier | ISSN: 1365-1005 |
| ispartof | Macroeconomic dynamics, 2014-07, Vol.18 (5), p.998-1017 |
| issn | 1365-1005 1469-8056 |
| language | eng |
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| source | Cambridge University Press Journals Complete |
| subjects | Agricultural production Agriculture Analysis Central banks Economic growth Economic theory Employment GDP Gross Domestic Product Human capital Investigations Macroeconomics Monetary policy Peers Per capita Productivity Stagnation Studies |
| title | AGRICULTURAL PRODUCTIVITY AND GROWTH IN TURKEY |
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