How did export-led growth strategy work in the Turkish case? The experience of manufacturing sector after 1980

Abstract

The plan of the paper is as follows: Section II summarizes the phases of external orientation of the Turkish economy and the developments in Turkish economy after 1980. Section III summarizes the literature review on wages and mark-ups during trade liberalization. Section IV draws attention to some stylized facts of the Turkish manufacturing sectors. Section V provides the econometric analysis and summarizes the results. Finally Section VI concludes.