Resource Misallocation in Turkey
This paper examines resource misallocation within narrow industries in Turkey. It finds that resource misallocation in Turkey is substantial. The hypothetical gain from moving to "U.S. efficiency" is 24.5 percent of manufacturing total fa...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/08/26633258/resource-misallocation-turkey http://hdl.handle.net/10986/24861 |
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okr-10986-248612021-04-23T14:04:27Z Resource Misallocation in Turkey Nguyen, Ha Taskin, Temel Yilmaz, Ayberk factor productivity misallocation firm heterogeneity This paper examines resource misallocation within narrow industries in Turkey. It finds that resource misallocation in Turkey is substantial. The hypothetical gain from moving to "U.S. efficiency" is 24.5 percent of manufacturing total factor productivity in 2014. The evolution of resource misallocation over time and across disaggregated sectors is also examined. Improvement in allocative efficiency was sizable between 2003 and 2013, but significantly slower after 2007. However, the earlier trend reversed in 2014 and resource misallocation worsened in Turkey's manufacturing. The cross-sector analysis reveals that misallocation is most pronounced in textiles, transport, food, and leather. 2016-08-10T14:48:22Z 2016-08-10T14:48:22Z 2016-08 Working Paper http://documents.worldbank.org/curated/en/2016/08/26633258/resource-misallocation-turkey http://hdl.handle.net/10986/24861 English en_US Policy Research Working Paper;No. 7780 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Europe and Central Asia Turkey |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
factor productivity misallocation firm heterogeneity |
| spellingShingle |
factor productivity misallocation firm heterogeneity Nguyen, Ha Taskin, Temel Yilmaz, Ayberk Resource Misallocation in Turkey |
| geographic_facet |
Europe and Central Asia Turkey |
| relation |
Policy Research Working Paper;No. 7780 |
| description |
This paper examines resource
misallocation within narrow industries in Turkey. It finds
that resource misallocation in Turkey is substantial. The
hypothetical gain from moving to "U.S. efficiency"
is 24.5 percent of manufacturing total factor productivity
in 2014. The evolution of resource misallocation over time
and across disaggregated sectors is also examined.
Improvement in allocative efficiency was sizable between
2003 and 2013, but significantly slower after 2007. However,
the earlier trend reversed in 2014 and resource
misallocation worsened in Turkey's manufacturing. The
cross-sector analysis reveals that misallocation is most
pronounced in textiles, transport, food, and leather. |
| format |
Working Paper |
| author |
Nguyen, Ha Taskin, Temel Yilmaz, Ayberk |
| author_facet |
Nguyen, Ha Taskin, Temel Yilmaz, Ayberk |
| author_sort |
Nguyen, Ha |
| title |
Resource Misallocation in Turkey |
| title_short |
Resource Misallocation in Turkey |
| title_full |
Resource Misallocation in Turkey |
| title_fullStr |
Resource Misallocation in Turkey |
| title_full_unstemmed |
Resource Misallocation in Turkey |
| title_sort |
resource misallocation in turkey |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2016/08/26633258/resource-misallocation-turkey http://hdl.handle.net/10986/24861 |
| _version_ |
1764457846348447744 |