ASSESSMENT OF THE POSSIBILITY OF A MIDDLE-INCOME TRAP IN TURKEY

Ali Cem ÖZTÃœRK () and Burcu YAVUZ Tä°ftä°kã‡ä°gä°l ()
Additional contact information
Ali Cem ÖZTÜRK: (Correspondence author) PhD
Burcu YAVUZ Tä°ftä°kã‡ä°gä°l: Istanbul MedipolUniversity

JOURNAL OF LIFE ECONOMICS, 2020, vol. 7, issue 4, 331-348

Abstract: Turkey has been under the middle-income country category according to the income category classification of the World Bank. Turkey promoted to high-middle-income group in 2005 after spending more than 50 years in lower-middle-income group. The purpose of this study is to identify the presence of middle-income trap in Turkey. The study brings together the most recent theoretical studies from different perspectives with respect to the presence of MIT in Turkey along with Robertson and Ye approach in the empirical phase. Within the context of this study, structural break unit root test using current data obtained through the Atlas method is applied in order to evaluate Turkey’s middle-income trap status. The GNI per capita Atlas Method (current US $) data of the World Bank for the years 1967-2016 are used in the study. The empirical analysis briefly showed that Turkey is not in the MIT.

Keywords: Middle-income Trap; Turkey's Middle-income Trap disposition; Robertson and Ye Approach (search for similar items in EconPapers)
JEL-codes: C22 C40 D31 E01 O47 O50 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
https://journals.gen.tr/jlecon/article/view/1253/823 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jle:journl:v:7:y:2020:i:4:p:331-348

DOI: 10.15637/jlecon.7.025

Access Statistics for this article

JOURNAL OF LIFE ECONOMICS is currently edited by Ozge Uysal SAHIN

More articles in JOURNAL OF LIFE ECONOMICS from Holistence Publications
Bibliographic data for series maintained by Mehmet ÅžAHÄ°N ().