It is possible to say that the new tax law will stimulate US domestic demand and promote economic growth in the short run. Its medium and long-term impact will be determined by the supply-side effects.
When we need to make an economically meaningful deduction on the main trend of economic activity, we need to adopt an approach that excludes calendar effects from the variables.
A country’s, particularly emerging countries’, performance in improving its institutional structure will be decisive in the economy’s potential to grow and benefit from international trade, regardless of an increase or weakening in the trend of protectionism in the world economy.
Turkish manufacturing sector frontiers in terms of productivity are generally export-oriented large-scale firms with high turnover. These firms invest in technology and R&D. Laggards increase their productivity by learning from regional and national frontiers and/or by adapting the frontiers’ technologies according to their needs.
The aim of this study is to evaluate the supply-demand balance in the housing sector. The supply-demand balance gives us information about the stock buildup in the housing sector.
In this blog post, we analyze the underlying trend of economic activity in the first half of the year in terms of expenditures and production, based on national income data.
With its labor quality, consumption pattern, demand power, technology skills, geographical location, infrastructure, business routine, and incentives, Turkey is a good alternative for both market-seeking and efficiency-seeking FDIs.
Supporting the measures and incentives with structural reforms oriented towards lasting productivity increases is of critical importance to achieving long-term gains in production capacity.
The fact that the effectiveness of fiscal policy increases in low-growth periods enables the implementation of countercyclical expansionary fiscal policy without a lasting deterioration in fiscal discipline.
The Turkish Statistical Institution has recently made a revision in the national account system. Due to the revision, one of the most important differences between the series was in savings rates. However, the improvement observed in the savings rate in the aftermath of the national income revision does not eliminate the need for structural reforms in this area.
The share of renewable energy in total supply was up around 12 percent from 2005 across the world in 2016. Turkey has a higher rate of renewable energy use than the OECD average but the rate of increase has proved far from satisfying.
Mehmet Zahid Samancıoğlu,Seyit Mümin Cilasun,Fatih Yılmaz
Firm investment rates have recently diverged in Turkey. Incentive policies should be designed in such a way as to aim for mechanization, particularly R&D-backed and high tech-based mechanization, in manufacturing industry in the long run, by taking into account differences in the breakdown of investments.
Firms in Organized Industrial Zones (OIZs) deliver a better economic performance than other firms. OIZs are in a key position in terms of efficiency of targeted industrial and targeted financing policies through clustering.
