Alkan, Berkay (2021): Growth and Inflation in Turkey.
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Abstract
In this paper I investigate the empirical relationship between economic growth (as measured by growth in real GDP) and inflation in Turkey. We use a relatively large dataset spanning from 1960 to 2020. Our correlation analysis indicates that the nature of the relationship between inflation and unemployment in Turkey is substantially different before and after early 1980s.
Item Type: | MPRA Paper |
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Original Title: | Growth and Inflation in Turkey |
Language: | English |
Keywords: | growth; inflation; Turkish economy |
Subjects: | E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E31 - Price Level ; Inflation ; Deflation N - Economic History > N1 - Macroeconomics and Monetary Economics ; Industrial Structure ; Growth ; Fluctuations > N10 - General, International, or Comparative O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O40 - General |
Item ID: | 111227 |
Depositing User: | Berkay Alkan |
Date Deposited: | 29 Dec 2021 08:01 |
Last Modified: | 29 Dec 2021 08:01 |
References: | Asfuroglu, D., Elgin, C. (2016). Growth Effects of Inflation under the Presence of Informality. Bulletin of Economic Research. 68 (4), 311-328. Cicek, D., Elgin, C. (2011). Not-quite-great depressions of Turkey: A quantitative analysis of economic growth over 1968 – 2004. Economic Modelling, 28 (6), 2691-2700. Diboglu, S., Kibritcioglu, A. (2004). Inflation, output growth, and stabilization in Turkey, 1980–2002. Journal of Economics and Business, Elsevier, vol. 56(1), pages 43-61 Elgin, C. (2020). The Informal Economy: Measures, Causes and Consequences. New York: Routledge. Erbaykal, E. and Okuyan, H.A. (2008). Does Inflation Depress Economic Growth? Evidence from Turkey. International Research Journal of Finance and Economics, 17, 1450-2887. Karahan, Ö., Çolak, O. (2020). Inflation and Economic Growth in Turkey: Evidence from a Nonlinear ARDL Approach. In: n: Marietta Janowicz-Lomott & Krzysztof Łyskawa & Persefoni Polychronidou & Anastasios Karasavvoglou (ed.), Economic and Financial Challenges for Balkan and Eastern European Countries, pages 33-45, Springer. Leigh, D., Rossi, M. (2002). Leading Indicators of Growth and Inflation in Turkey. IMF Working Paper, Issue 231. Ozpence, A. I. (2016). Analysis of the Relationship Between Inflation and Economic Growth in Turkey. Journal of Economics, Finance, and Accounting. 3 (3), 180-191. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/111227 |