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Journals / Maliye Dergisi / 2014 / Sayı: 167

Middle-ıncome trap: Theoretical framework, empirical approaches and an econometric application on Turkey

Orta gelir tuzağ: Teorik çerçeve, ampirik yaklaşımlar ve Türkiye üzerine ekonometrik bir uygulama

EMRAH KOÇAK
ÜMİT BULUT
Pages
1–21
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

According to the results of unit root tests, the Turkish economy is not in the middle-income trap.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Abstract This paper aims at examining whether the Turkish economy is in the middle- income trap by using the aprroach produced by Robertson and Ye (2013).
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Key Findings & Data:To this end, unit root tests that take into account structural breaks developed by Lee and Strazicich (2003) and Carrion-i-Silvestre et al. (2009) are employed.
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Conclusion & Impact:According to the results of unit root tests, the Turkish economy is not in the middle-income trap.
🔬Design:Research Article
📍Scope:2013 Verileri
⚙️Variables:Domain Parameters

Abstract

Abstract This paper aims at examining whether the Turkish economy is in the middle- income trap by using the aprroach produced by Robertson and Ye (2013). To this end, unit root tests that take into account structural breaks developed by Lee and Strazicich (2003) and Carrion-i-Silvestre et al. (2009) are employed. According to the results of unit root tests, the Turkish economy is not in the middle-income trap. Some policy proposals are presented in the conclusion part of the paper for enabling faster growth of the Turkish economy.

Özet

Bu çalışmanın amacı Robertson ve Ye’nin (2013) geliştirdiği yaklaşımı kullanarak Türkiye ekonomisinin orta gelir tuzağında olup olmadığını test etmektir. Bu amaca yönelik olarak Lee ve Strazicich (2003) ve Carrion-i-Silvestre vd.’nin (2009) geliştirdiği yapısal kırılmaları dikkate alan birim kök testleri kullanılmıştır. Birim kök testlerinin sonuçlarına göre Türkiye ekonomisi orta gelir tuzağında değildir. Çalışmanın sonuç kısmında Türkiye ekonomisinin daha hızlı büyüyebilmesine yönelik olarak bazı politika önerileri sunulmuştur.

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Cite This Article

KOÇAK, E., BULUT, Ü. (2014). Middle-ıncome trap: Theoretical framework, empirical approaches and an econometric application on Turkey. Maliye Dergisi, Sayı: 167, 1–21. https://ajindex.com/articles/78938

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References (10)

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