TOTAL FACTOR PRODUCTIVITY GROWTH IN TURKISH MANUFACTURING INDUSTRY BETWEEN 1963 - 1983: AN ANALYSIS

Date

1989

Author

Yıldırım, Erhan

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Measurement of TFP is based on the theory of production. For this purpose the theory consists of a production function with a constant return to scale as necessary conditions for producers' equilibrium. TFP growth of the Turkish Manufacturing industry in the period 1963-83 has been estimated by using translog production function. Our analysis shows that TFP growth has been low to negligable in most of the Turkish manufacturing industry. One of the interesting results was that the public enterprises had a greater TFP growth than did the private enterprises. This difference in TFP growth between public sector and private sector can be explained by the differences in capital stocks per worker and size of the firms in both sectors

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https://hdl.handle.net/11511/111454

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Department of Economics, Article