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dc.contributor.authorBerument, H.en_US
dc.contributor.authorDincer, N. N.en_US
dc.contributor.authorMustafaoglu, Z.en_US
dc.date.accessioned2016-02-08T09:50:50Z
dc.date.available2016-02-08T09:50:50Z
dc.date.issued2011en_US
dc.identifier.issn0963-8199
dc.identifier.urihttp://hdl.handle.net/11693/21765
dc.description.abstractTotal 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 and financial market deepness as measures of macroeconomic instability. Empirical evidence provided from Turkey suggests that volatility of openness and financial market deepness reduce TFP growth, whereas volatility of inflation increases TFP growth. © 2011 Taylor & Francis.en_US
dc.language.isoEnglishen_US
dc.source.titleJournal of International Trade and Economic Developmenten_US
dc.relation.isversionofhttp://dx.doi.org/10.1080/09638190903365930en_US
dc.subjectMacroeconomic instabilityen_US
dc.subjectTFP growthen_US
dc.subjectVAR-GARCH modelsen_US
dc.subjectEconomic growthen_US
dc.subjectFinancial marketen_US
dc.subjectInflationen_US
dc.subjectMacroeconomicsen_US
dc.subjectModel validationen_US
dc.subjectTotal factor productivityen_US
dc.subjectTurkeyen_US
dc.titleTotal factor productivity and macroeconomic instabilityen_US
dc.typeArticleen_US
dc.departmentDepartment of Economics
dc.citation.spage605en_US
dc.citation.epage629en_US
dc.citation.volumeNumber20en_US
dc.citation.issueNumber5en_US
dc.identifier.doi10.1080/09638190903365930en_US
dc.publisherRoutledgeen_US
dc.identifier.eissn1469-9559


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