ASSESSMENT OF THE POSSIBILITY OF A MIDDLE-INCOME TRAP IN TURKEY

Ali Cem ÖZTÜRK; Burcu YAVUZ TİFTİKÇİGİL

doi:https://doi.org/10.15637/jlecon.7.025

Makale detayları

ASSESSMENT OF THE POSSIBILITY OF A MIDDLE-INCOME TRAP IN TURKEY

Yazarlar:

Ali Cem ÖZTÜRK | Burcu YAVUZ TİFTİKÇİGİL

Yayıncı:

Rating Academy

Ana Başlıklar:

Genel yönetim

Dergi:

Journal of Life Economics 2020 Vol.7 Issue 4, pp.331-348

Belge Tipi:

Makale

Yayın Tarihi:

10/2020

Belge Dili:

İngilizce

Document ID (Org No.):

2000741345

Sıklık:

Üç Aylık

eISSN:

2148-4139

DOI:

https://doi.org/10.15637/jlecon.7.025

Özet:

 

Turkey has been under the middle-income country category according to the income category classification of the World Bank. Turkey promoted to high-middle-income group in 2005 after spending more than 50 years in  lower-middle-income group. The purpose of this study is to identify the presence of middle-income trap in Turkey. The study brings together the most recent theoretical studies from different perspectives with respect to the presence of MIT in Turkey along with Robertson and Ye approach in the empirical phase. Within the context of this study, structural break unit root test using current data obtained through the Atlas method is applied in order to evaluate Turkey’s middle-income trap status. The GNI per capita Atlas Method (current US $) data of the World Bank for the years 1967-2016 are used in the study. The empirical analysis briefly showed that Turkey is not in the MIT.

 

Turkey has been under the middle-income country category according to the income category classification of the World Bank. Turkey promoted to high-middle-income group in 2005 after spending more than 50 years in  lower-middle-income group. The purpose of this study is to identify the presence of middle-income trap in Turkey. The study brings together the most recent theoretical studies from different perspectives with respect to the presence of MIT in Turkey along with Robertson and Ye approach in the empirical phase. Within the context of this study, structural break unit root test using current data obtained through the Atlas method is applied in order to evaluate Turkey’s middle-income trap status. The GNI per capita Atlas Method (current US $) data of the World Bank for the years 1967-2016 are used in the study. The empirical analysis briefly showed that Turkey is not in the MIT.

Makale detayları

ASSESSMENT OF THE POSSIBILITY OF A MIDDLE-INCOME TRAP IN TURKEY

Yazarlar: Ali Cem ÖZTÜRK | Burcu YAVUZ TİFTİKÇİGİL

Yayıncı: Rating Academy

Ana Başlıklar: Genel yönetim

Dergi: Journal of Life Economics 2020 Vol.7 Issue 4, pp.331-348

Belge Tipi: Makale

Yayın Tarihi: 10/2020

Belge Dili: İngilizce

Document ID (Org No.): 2000741345

Sıklık: Üç Aylık

eISSN: 2148-4139

DOI: https://doi.org/10.15637/jlecon.7.025

Sayı

Yazarlar:

Ali Cem ÖZTÜRK | Burcu YAVUZ TİFTİKÇİGİL

Yayıncı:

Rating Academy

Ana Başlıklar:

Genel yönetim

Dergi:

Journal of Life Economics 2020 Vol.7 Issue 4, pp.331-348

Belge Tipi:

Makale

Yayın Tarihi:

10/2020

Belge Dili:

İngilizce

Document ID (Org No.):

2000741345

Sıklık:

Üç Aylık

eISSN:

2148-4139

DOI:

https://doi.org/10.15637/jlecon.7.025