Export Price Stability and Compatibility of Euro under the Export- Biased Productivity Growth in Turkey: A Criticism against the Maastricht Inflation Criterion

In this work, we analyzed the export- biased productivity, wage growth and the ULCP in Turkey. Then, by using input- output methods , we could show that Turkey has an economy which is able to be a part of the Euro system and Euro is compatible under the export- biased productivity growth in Turkey though its relatively high inflation. That means Maastricht inflation criterion should be revised in terms of countries’ economic performance.

MoreLess

Year of publication:	2014
Authors:	Ünal, Emre
Published in:	EconStor Open Access Articles. - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft (ZBW). - 2014, p. 16-25
Publisher:	Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft (ZBW)
Subject:	Export-Biased Productivity \| Unit Labor Cost Parity (ULCP) \| Wage Growth \| Export Price

More details

Extent:	application/pdf
Type of publication:	Article
Classification:	E10 - General Aggregative Models. General ; F50 - International Economics. General ; N10 - Macroeconomics and Monetary Economics; Growth and Fluctuations. General, International, or Comparative ; O40 - Economic Growth and Aggregate Productivity. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011114949