S.J.G. van Wijnbergen
- Export incentives, exchange rate policy and export growth in Turkey
- Review of Economics and Statistics
- Volume | Issue number
- 75 | 1
- Pages (from-to)
- Number of pages
- Document type
- Faculty of Economics and Business (FEB)
- Amsterdam School of Economics Research Institute (ASE-RI)
The driving forces behind the Turkish export miracle, and in fact its very existence, have remained a matter of debate We show there was a boom. As to contributing factors, import growth in the Middle East in excess of import growth elsewhere made a negative contribution. On exports to non-oil countries, we show that earlier claims that their growth was an accounting artifact are incorrect Moreover, we find that export subsidies were mostly shifted backwards into higher producer profits. The export boom was triggered by macro-economic policies and trade reform that allowed a steady real depreciation of the Lira.
- go to publisher's site
If you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let the Library know, stating your reasons. In case of a legitimate complaint, the Library will make the material inaccessible and/or remove it from the website. Please Ask the Library, or send a letter to: Library of the University of Amsterdam, Secretariat, Singel 425, 1012 WP Amsterdam, The Netherlands. You will be contacted as soon as possible.