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Sources of long-term economic growth for Turkey, 1880-2005

Altuğ, Sumru and Filiztekin, Alpay and Pamuk, Şevket (2008) Sources of long-term economic growth for Turkey, 1880-2005. European Review of Economic History, 12 (3). pp. 393-430.

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Official URL: http://dx.doi.org/10.1017/S1361491608002293

Abstract

This article considers the sources of long-term economic growth for Turkey over the period 1880–2005. The period in question covers the decline and eventual dissolution of the former Ottoman Empire and the emergence of the new Turkish Republic in 1923. Hence, the article provides a unique look at the growth experience of these two different political and economic regimes. The article examines in detail the evolution of factors that led to growth in output across broad periods, including the post-World War II period and the era of globalization beginning in the 1980s. It also considers output growth in the agricultural and non-agricultural sectors separately and allows for the effects of sectoral re-allocation. The lessons from this exercise have important implications for Turkey’s future economic performance, for its ability to converge to per capita income levels of developed countries, and for the viability of its current bid for European Union membership.

Item Type:Article
Subjects:H Social Sciences > HC Economic History and Conditions
ID Code:10782
Deposited By:Alpay Filiztekin
Deposited On:21 Nov 2008 17:01
Last Modified:25 May 2011 14:10

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