Growth trends and dynamics of capital accumulation in underdeveloped regions: a case study in the Eastern Anatolia

Erendil, Asuman


Growth effects of local government spending: evidence from outer space
Ceylan, Elif Semra; Öcal, Nadir; Tümen, Semih; Department of Economics (2016)
In this study, we estimate the local government spending multiplier for Turkey using the province-level variation in government spending for 2002-2013. The main diffculty is that there is no official province-level GDP reported for this period. We use the night lights data as a proxy to construct province-level GDP indices for Turkey between 2002-2013. Employing an instrumental variables (IV) strategy motivated by the structure/timing of local elections in Turkey, we find that 1 Turkish lira public investme...
Economic growth and environment nexus: environmental Kuznets curve
Özokcu, Selin; Yücel, İsmail; Yılmaz, Ayşen; Department of Earth System Science (2015)
Carbon dioxide (CO2) is one of the most important Green House Gases (GHGs) for contributing to global climate change. Human influence on earth through economic development is clearly emitting immense amount of CO2 emissions. Hence, examining the relationship between CO2 emissions and economic growth is crucial. In this study, the relationship between income and CO2 emissions in the context of the Environmental Kuznets Curve (hereafter EKC), which posits the existence of an inverted U-shape relationship betw...
Economic uncertainty and credit crunch - Evidence from an emerging market
Rhoades, SD; Güner, Zehra Nuray (Informa UK Limited, 2003-07-01)
Using both univariate and multivariate analyses, this paper attempts to determine whether a credit crunch occurred in the Turkish economy during the 1990s. It also addresses the question of whether this credit crunch was a supply-side- or a demand-side-originated phenomenon. Economic uncertainty is proxied by unanticipated inflation. The analyses are carried out by controlling for political uncertainty as well. The results indicate that economic uncertainty has a significantly negative impact on the supply ...
Economic growth and technological progress in Turkey: An analysis of Schumpeterian mechanisms
Attar, M. Aykut (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2017-8)
This paper studies a second-generation Schumpeterian model to understand the nature of technological progress and economic growth in Turkey. It identifies some structural parameters numerically and tests whether certain Schumpeterian mechanisms work. Results show that both horizontal (product) and vertical (process) innovation channels operate as determined in theory. However, the pace at which vertical (process) innovation occurs is extremely low, implying that its contribution to long-run productivit...
Economic liberalism and performance of developing countries: a comparative analysis
Altun, Gizem; Şenses, Fikret; Department of Economics (2009)
Economic liberalism has always been a very controversial issue in the content of development economics. The relation of neo-liberalism with economic development, as today’s dominant discourse of economics, has been highly debated in the last decades. The main objective of this thesis is to investigate this relationship via comparing four countries’ development experiences; Argentina, China, Turkey and Poland, in between 1965-2005. In addition to that purpose, this thesis aims to analyze whether the experien...
Citation Formats
A. Erendil, “Growth trends and dynamics of capital accumulation in underdeveloped regions: a case study in the Eastern Anatolia,” Middle East Technical University, 1990.