The effect of distribution on accumulation, capacity utilization and employment : testing the wage-led hypothesis for Turkey
Joint Authors
Onaran, Ozlem
Stockhammer, Engelbert
Source
Economic Research Forum : Working Paper Series
Issue
Vol. 2001, Issue 101-140 (31 Dec. 2001)15 p.
Publisher
Economic Research Forum for the Arab Countries Iran and Turkey
Publication Date
2001-12-31
Country of Publication
Egypt
No. of Pages
15
Main Subjects
Topics
Abstract EN
This paper analyzes the impact of distribution on accumulation, capacity utilization and employment for Turkey by estimating a post-Keynesian open economy model in a structural vector auto regression form.
The need for empirical analysis of the relationship between distribution and growth is particularly pronounced in the case of developing countries, where the procapital income policies of structural adjustment programs implemented in the last two decades is still far from fulfilling their promises in many cases.
The aim of the paper is, to evaluate whether accumulation and employment are wage-led or profit-led.
The results point out that accumulation, growth and employment are wage-led in Turkey.
American Psychological Association (APA)
Onaran, Ozlem& Stockhammer, Engelbert. 2001. The effect of distribution on accumulation, capacity utilization and employment : testing the wage-led hypothesis for Turkey. Economic Research Forum : Working Paper Series،Vol. 2001, no. 101-140.
https://search.emarefa.net/detail/BIM-151360
Modern Language Association (MLA)
Onaran, Ozlem& Stockhammer, Engelbert. The effect of distribution on accumulation, capacity utilization and employment : testing the wage-led hypothesis for Turkey. Economic Research Forum : Working Paper Series No. 101-140 (Dec. 2001).
https://search.emarefa.net/detail/BIM-151360
American Medical Association (AMA)
Onaran, Ozlem& Stockhammer, Engelbert. The effect of distribution on accumulation, capacity utilization and employment : testing the wage-led hypothesis for Turkey. Economic Research Forum : Working Paper Series. 2001. Vol. 2001, no. 101-140.
https://search.emarefa.net/detail/BIM-151360
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references.
Record ID
BIM-151360