IDEAS home Printed from https://ideas.repec.org/a/oup/cambje/v27y2003i6p919-933.html
   My bibliography  Save this article

Estimating the surplus in the periphery: an application to Turkey

Author

Listed:
  • Cem Somel

Abstract

This note discusses how the economic surplus concept can be used to analyse the constraints the world system imposes on economic development. An estimation of the surplus for Turkey for 1980--96 utilises K–hler's unequal exchange analysis to measure the transfer of surplus abroad and the official minimum wage to calculate essential private consumption. The estimation yields the allocation of the surplus between non-essential consumption, investment and unrequited transfers abroad. The note assesses Lippit's argument that the main obstacle to development is the misuse of the surplus in the domestic economy and not transfers abroad. Copyright 2003, Oxford University Press.

Suggested Citation

  • Cem Somel, 2003. "Estimating the surplus in the periphery: an application to Turkey," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 27(6), pages 919-933, November.
    • Handle: RePEc:oup:cambje:v:27:y:2003:i:6:p:919-933
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Olk, Christopher, 2024. "How much a dollar cost: Currency hierarchy as a driver of ecologically unequal exchange," World Development, Elsevier, vol. 180(C).
    2. Leandro Marcelo Bona, 2018. "El excedente económico en Argentina: la etapa neoliberal (1991-2001) versus la neodesarrollista (2002-2015)," Apuntes del Cenes, Universidad Pedagógica y Tecnológica de Colombia, vol. 37(66), pages 99-134, June.
    3. Cem Somel, 2004. "Commodity Chains, Unequal Exchange and Uneven Development," ERC Working Papers 0411, ERC - Economic Research Center, Middle East Technical University, revised Sep 2004.
    4. Andrea Ricci, 2016. "Unequal Exchange in International Trade:A General Model," Working Papers 1605, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2016.
    5. Özgür Orhangazi & A. Erinç Yeldan, 2023. "Turkey in Turbulence: Heterodoxy or a New Chapter in Neoliberal Peripheral Development?," Development and Change, International Institute of Social Studies, vol. 54(5), pages 1197-1225, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:cambje:v:27:y:2003:i:6:p:919-933. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/cje .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.