TFP growth in Turkey revisited: The effect of informal sector
Yıl: 2017 Cilt: 17 Sayı: 1 Sayfa Aralığı: 11 - 17 Metin Dili: İngilizce İndeks Tarihi: 29-07-2022
TFP growth in Turkey revisited: The effect of informal sector
Öz: In this paper, we aim to contribute to the growth literature by presenting evidence that the presence ofan informal sector might signiŞcantly affect both the level as well as the course of the total factorproductivity (TFP). To this end, we develop a framework where we can compare the TFP in Turkeygenerated by a one-sector benchmark model to the one originating from an extended model with thepresence of formal and informal labor. Our results indicate that, over the course of 1950e2014, the TFPgenerated by the benchmark model generally underestimates the productivity of the formal sector andthis underestimation is mainly observed and is widened after 1980. Moreover, we alsoŞnd that thesubstitution between formal and informal labor signiŞcantly affects this underestimation.© 2017 Central Bank of The Republic of Turkey. Production and hosting by Elsevier B.V. This is an openaccess article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
Anahtar Kelime: Konular:
Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık
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| APA | Atesagaoglu O, ELGİN C, ÖZTUNALI O (2017). TFP growth in Turkey revisited: The effect of informal sector. , 11 - 17. |
| Chicago | Atesagaoglu Orhan Erem,ELGİN Ceyhun,ÖZTUNALI Oğuz TFP growth in Turkey revisited: The effect of informal sector. (2017): 11 - 17. |
| MLA | Atesagaoglu Orhan Erem,ELGİN Ceyhun,ÖZTUNALI Oğuz TFP growth in Turkey revisited: The effect of informal sector. , 2017, ss.11 - 17. |
| AMA | Atesagaoglu O,ELGİN C,ÖZTUNALI O TFP growth in Turkey revisited: The effect of informal sector. . 2017; 11 - 17. |
| Vancouver | Atesagaoglu O,ELGİN C,ÖZTUNALI O TFP growth in Turkey revisited: The effect of informal sector. . 2017; 11 - 17. |
| IEEE | Atesagaoglu O,ELGİN C,ÖZTUNALI O "TFP growth in Turkey revisited: The effect of informal sector." , ss.11 - 17, 2017. |
| ISNAD | Atesagaoglu, Orhan Erem vd. "TFP growth in Turkey revisited: The effect of informal sector". (2017), 11-17. |
| APA | Atesagaoglu O, ELGİN C, ÖZTUNALI O (2017). TFP growth in Turkey revisited: The effect of informal sector. Central Bank Review, 17(1), 11 - 17. |
| Chicago | Atesagaoglu Orhan Erem,ELGİN Ceyhun,ÖZTUNALI Oğuz TFP growth in Turkey revisited: The effect of informal sector. Central Bank Review 17, no.1 (2017): 11 - 17. |
| MLA | Atesagaoglu Orhan Erem,ELGİN Ceyhun,ÖZTUNALI Oğuz TFP growth in Turkey revisited: The effect of informal sector. Central Bank Review, vol.17, no.1, 2017, ss.11 - 17. |
| AMA | Atesagaoglu O,ELGİN C,ÖZTUNALI O TFP growth in Turkey revisited: The effect of informal sector. Central Bank Review. 2017; 17(1): 11 - 17. |
| Vancouver | Atesagaoglu O,ELGİN C,ÖZTUNALI O TFP growth in Turkey revisited: The effect of informal sector. Central Bank Review. 2017; 17(1): 11 - 17. |
| IEEE | Atesagaoglu O,ELGİN C,ÖZTUNALI O "TFP growth in Turkey revisited: The effect of informal sector." Central Bank Review, 17, ss.11 - 17, 2017. |
| ISNAD | Atesagaoglu, Orhan Erem vd. "TFP growth in Turkey revisited: The effect of informal sector". Central Bank Review 17/1 (2017), 11-17. |
