SavedAdd your journal

Journals / Maliye Dergisi / 2014 / Sayı: 167

Factors to escape the middle-income trap?

Orta gelir tuzağından çıkışta hangi faktörler?

Başak DALGIÇ
Pelin İYİDOĞAN VAROL
Eda BALIKÇIOĞLU
Pages
116–125
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

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

The results of the study suggest the importance of improvements in human capital, technology, institutional quality and sound macroeconomic indicators to avoid the middle income trap.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:We aim to examine the effects of various macroeconomic, technological and institutional variables on the probability of high growth performance for middle- income countries exceeding their average gdp per capita growth rate, in other words the probability of transition to a higher income group.
📊
Key Findings & Data:Our analyses cover 56 middle-income countries including Turkey for the period of 1990-2013.
💡
Conclusion & Impact:The results of the study suggest the importance of improvements in human capital, technology, institutional quality and sound macroeconomic indicators to avoid the middle income trap.
🔬Design:Research Article
📍Scope:2013 Verileri
⚙️Variables:Domain Parameters

Abstract

We aim to examine the effects of various macroeconomic, technological and institutional variables on the probability of high growth performance for middle- income countries exceeding their average gdp per capita growth rate, in other words the probability of transition to a higher income group. Our analyses cover 56 middle-income countries including Turkey for the period of 1990-2013. The results of the study suggest the importance of improvements in human capital, technology, institutional quality and sound macroeconomic indicators to avoid the middle income trap.

Özet

Çalışmamızda çeşitli teknolojik, makro-ekonomik ve kurumsal değişkenlerin orta gelirli ülkelerin kişi başı gelirlerindeki ortalama büyüme oranından daha yüksek büyüme performansı sergileme, diğer bir ifadeyle daha yüksek bir gelir grubuna geçiş olasılıkları üzerindeki etkisini analiz etmeyi amaçlamaktayız. Analizlerimiz Türkiye’nin de içinde bulunduğu 56 orta gelirli ülke için 1990-2013 dönemini kapsamaktadır. Analiz sonuçları orta gelir tuzağından çıkış için beşeri sermayedeki ve teknolojideki iyileşmenin, kurumsal kalitedeki artışın ve sağlıklı makro göstergelerin önemini ortaya koymaktadır.

🔖

Cite This Article

DALGIÇ, B., VAROL, P. İ., BALIKÇIOĞLU, E. (2014). Factors to escape the middle-income trap?. Maliye Dergisi, Sayı: 167, 116–125. https://ajindex.com/articles/78951

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (2)

  1. Aiyar, S., Duval, R., Puy, D., Wu, Y. ve Zhang, L. (2013), “Growth Slowdowns and the Middle Income Trap”, IMF Working Paper, No: 13/71. Eichengreen, B., Park, D. ve Shin, K. (2011), "When Fast Growing Economies Slow Down: International Evidence and Implications for China", NBER Working Paper Series, 16919. Felipe, J., Abdon, A. ve Kumar, U. (2012), "Tracking the Middle Income Trap: What is It, Who is in It, and Why?" ADB Economics Working Paper Series, No: 307. Flaen, A., Ghani, E. ve Mishra, S. (2013), “How To Avoid Middle Income Traps? Evidence From Malaysia”, World Bank Policy Research Working Paper, No: 6427. Harrison, A.E. ve Aitken, B.J. (1999), “Do Domestic Firms Benefit From Direct Foreign Investment? Evidence from Venezuela.” American Economic Review, 89 (3), 605–618. Javorcik, B.S. (2004), “Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages”, American Economic Review, 94 (3), 605–627. Kanchoochat, V. ve Intarakumnerd, P. (2014), "Tigers Trapped: Tracing the Middle- Income Trap Through the East and Southeast Asian Experience", Berlin Working Papers on Money, Finance, Trade and Development, No: 04. Kharas, H. ve Kohli, H. (2011), "What is the Middle Income Trap, Why Do Countries Fall Into It, and How Can It Be Avoided?", Global Journal of Emerging Market Economies, 3(3), 281-289.
  2. Paus, E. (2014), "Latin America and the Middle Income Trap", ECLAC Financing for Development Series, No: 250. Yeldan, E., Taşçı, K., Voyvoda, E. ve Özsan, M.E. (2012), “Orta Gelir Tuzağından Çıkış: Hangi Türkiye?”, Türkonfed Raporu. Yılmaz, G. (2014), “Turkish Middle Income Trap and Less Skilled Human Capital”, CBRT Working Paper, 14/30.