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      • Department of Economics
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      Patterns of productivity growth and the wage cycle in Turkish manufacturing

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      Author(s)
      Voyvoda, E.
      Yeldan, A. E.
      Date
      2001
      Source Title
      International Review of Applied Economics
      Print ISSN
      0269-2171
      Electronic ISSN
      1465-3486
      Publisher
      Routledge
      Volume
      15
      Issue
      4
      Pages
      375 - 396
      Language
      English
      Type
      Article
      Item Usage Stats
      300
      views
      223
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      Abstract
      In this paper we investigate the distributional consequences of the post-1980 accumulation patterns and technological change in the Turkish manufacturing industries. We utilise two quantitative techniques. First, we make use of the Hodrick-Prescott filter to disintegrate the cyclical variations in productivity growth and wage rates from their respective historical trends, and study the evolution of the wage cycle against the long term productivity patterns in the sector. Next, we decompose the fundamental characteristics of the contributions of productivity growth of the manufacturing sub-sectors to the overall total. Our results suggest very little structural change in the sectoral composition and nature of productivity advances under the post-1980 structural adjustment reforms and outward-orientation, and underscore that the gains in productivity in this period did not materialise as gains in remunerations of wage labour. Contrary to the prognostications of the orthodox theory, the post-1980 export orientation of Turkish manufacturing was not found to lend itself to productivity contributions, and could not be sustained as a viable strategy of 'export-led industrialisation'.
      Keywords
      Manufacturing
      Productivity
      Structural adjustment
      Technological change
      Wage
      Turkey
      Permalink
      http://hdl.handle.net/11693/24784
      Published Version (Please cite this version)
      http://dx.doi.org/10.1080/02692170110081921
      Collections
      • Department of Economics 724
      • Department of International Relations 571
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