TÜRK ÖZEL İMALAT SANAYİİNDE FİYAT ARTIŞLARININ KAYNAKLARI : 1950 -1975'

Date

1977

Author

Aksoy, M. Ataman

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This paper is an attempt to decompose price increases in Turkish private manufacturing for the years 1950-1975. Price change consist of three parts, changes in unit labour costs, unit materials costs and unit gross profits, These three parts are estimated for the two digit industries. It was found out that relative contributions of different factors showed marked differences in different subperiods, However, throughout the 1950-75 period, changes in unit material costs had the greatest contribution to price changes. These materials cost changes are then linked to raw material pricing policies of the Government and to currency depreciations. The conclusion is that in Turkish private manufacturing more emphasis should be placed on material cost-price relationships rather than wage-price relationships, which is the issue in most developed countries.

URI

https://hdl.handle.net/11511/110634

Collections

Department of Economics, Article