{"title":"The Role of the Industrial Sector in Aggregate Output: A Comparison of Evidence from Turkey and EU Countries","authors":"Ayse D. Celebi, Huseyin Ozdeser","doi":"10.1080/15339114.2016.1216868","DOIUrl":null,"url":null,"abstract":"ABSTRACT The study tests the validity of industrialization for achieving economic growth in Turkey and in six European Union (EU) countries, using the data available. Six EU member countries are chosen: Austria, Finland, France, Netherlands, Romania, and Sweden. Turkey is a different case compared with the EU member countries: Turkey is a candidate country for full membership to the EU and membership negotiations are ongoing. In addition to cultural, political and economic aspects, there are other differences between Turkey and the six EU member countries. Industrial developments in Turkey have moved relatively slowly due to the economic and political factors created by internal terrorism and conflict in neighbouring countries. As a result of the analysis, it could be said that industrial value added exerts statistically positive and significant long-term effects on real output in all of the selected countries. However, this effect is lower for Turkey than for the European Union countries.","PeriodicalId":53585,"journal":{"name":"Journal of Comparative Asian Development","volume":"52 1","pages":"361 - 382"},"PeriodicalIF":0.0000,"publicationDate":"2016-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"3","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Comparative Asian Development","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/15339114.2016.1216868","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 3
Abstract
ABSTRACT The study tests the validity of industrialization for achieving economic growth in Turkey and in six European Union (EU) countries, using the data available. Six EU member countries are chosen: Austria, Finland, France, Netherlands, Romania, and Sweden. Turkey is a different case compared with the EU member countries: Turkey is a candidate country for full membership to the EU and membership negotiations are ongoing. In addition to cultural, political and economic aspects, there are other differences between Turkey and the six EU member countries. Industrial developments in Turkey have moved relatively slowly due to the economic and political factors created by internal terrorism and conflict in neighbouring countries. As a result of the analysis, it could be said that industrial value added exerts statistically positive and significant long-term effects on real output in all of the selected countries. However, this effect is lower for Turkey than for the European Union countries.
期刊介绍：
The Journal of Comparative Asian Development (JCAD) aims to offer the most up-to-date research, analyses, and findings on the many aspects of social, economic, and political development in contemporary Asia conducted by scholars and experts from Asia and around the world.
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