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.

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Year of publication:	2014-12-18
Authors:	Ünal, Emre
Published in:	Turkish Economic Review. - Istanbul : KSP Journals, ISSN 2149-0414. - Vol. 1.2014, 1, p. 16-25
Publisher:	Istanbul : KSP Journals
Subject:	Export-Biased Productivity \| Unit Labor Cost Parity (ULCP) \| Wage Growth \| Export Price

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	10.1453/ter.v1i1.93 [DOI] 814755666 [GVK] hdl:10419/105829 [Handle] RePEc:zbw:espost:105829 [RePEc]
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:	EconStor

Persistent link: https://www.econbiz.de/10010458076