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AGRICULTURAL PRODUCTIVITY AND GROWTH IN TURKEY

Published online by Cambridge University Press:  28 March 2013

Ayşe İmrohoroğlu ,
Selahattın İmrohoroğlu  and
Murat Üngör
Ayşe İmrohoroğlu
Affiliation:
University of Southern California
Selahattın İmrohoroğlu
Affiliation:
University of Southern California
Murat Üngör*
Affiliation:
Central Bank of the Republic of Turkey
*
Address correspondence to: Murat Üngör, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, İstiklal Caddesi 10, Ulus, 06100 Ankara, Turkey; e-mail: murat.ungor@tcmb.gov.tr.
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Abstract

This paper investigates the growth experience of one country in detail in order to enhance our understanding of important factors that affect economic growth. Using a two-sector model, we identify low productivity growth in the agricultural sector as the main reason for the divergence of income per capita between Turkey and its peer countries between 1968 and 2005. An extended model that incorporates distortions in the use of intermediate goods in producing agricultural output indicates that policies that have different effects across sectors and across time may be important in explaining the growth experience of countries.

Keywords

Sectoral Productivity DifferencesInternational ComparisonsTurkeyAgricultureTwo-Sector Model
Type
Articles
Information
Macroeconomic Dynamics , Volume 18 , Issue 5 , July 2014 , pp. 998 - 1017
Copyright
Copyright © Cambridge University Press 2013 

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