Browsing by Subject "Industrial performance"

Filter results by typing the first few letters
Now showing 1 - 1 of 1
  • Thumbnail Image
    ItemOpen Access
    Real wages, profit margins and inflation in Turkish manufacturing under post-liberalization
    (Routledge, 2005) Gunay, A.; Ozcan, K. M.; Yeldan, E.
    This article reports investigations into the behaviour of gross profit margins (mark-ups) in Turkish manufacturing industries for the post-1980 liberalization period in relation to price inflation, trade liberalization (openness) and real wage costs. Panel data econometrics over 29 subsectors of Turkish manufacturing are used over the period 1980-1996. Results suggest that profit margins are positively and significantly related both to price inflation and real wage costs. However, openness is found to have very little impact on profit margins. © 2005 Taylor & Francis.