GDP Growth in Turkey: Inclusive or Not?
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Title: |
GDP Growth in Turkey: Inclusive or Not? |
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Number: |
14/08 |
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Author(s): |
Temel Taşkın |
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Language: |
English |
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Date: |
April 2014 |
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Abstract: |
In this paper, we discover the inclusiveness of GDP growth in Turkey over the course of the last decade. In doing so, we use a recently developed method a la Anand et al. (2013) which integrates efficiency and equity dimensions of economic growth in a single measure. We find that Turkish GDP growth was - on average - inclusive between 2002 and 2011. We also investigate cross-region and over-time developments for the available data period, and document significant heterogeneity in inclusiveness of economic growth across these dimensions. Moreover, the regional analysis based on 2006-2011 period reflects an efficiency-equity tradeoff in Turkey’s economic growth. |
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Keywords: |
Turkey, Inclusive growth, Regional growth, Income distribution, Per capita income |
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JEL Codes: |
D63; O47; R11 |
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