Browsing by Keywords "Macroeconomic instability"
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Productivity and growth in an unstable emerging market economy: the case of Turkey, 1960-2004
(Routledge, 2009)This paper explores sources of growth in the Turkish economy by performing growth accounting exercises over the 1960-2004 period and relevant subperiods. It also analyzes the role of a number of important policy-related ... -
Total factor productivity and macroeconomic instability
(Routledge, 2011)Total factor productivity (TFP) is an important component of growth for most countries. This article assesses the role of macroeconomic instability on TFP growth. We consider volatility in inflation, openness of an economy ...