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Yakınsama Hipotezinin Türkiye Ekonomisi Örneğinde Bölgesel Verilerle Test Edilmesi
[Testing the Convergence Hypothesis with Regional Data in Turkish Economy]

Author

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  • Şanlı, Devran

Abstract

In this study, the validity of the convergence hypothesis in the per capita income (GDPpc) levels of the provinces in the Turkish economy for the period 2004-2020 was investigated. Panel data methods, which consider regional differences and similarities, are used as empirical methods. As a result of the analysis, findings that favor the validity of the regional convergence hypothesis for the Turkish economy were obtained. While the unconditional beta (β) convergence rate calculated for the overall panel is approximately 15.75% per year, the conditional beta convergence rate is 16.39%. While Sigma (σ) convergence was not valid for the 2004-2008 period throughout the panel, it was strongly detected in the 2008-2020 period. The findings change when the provinces are analyzed by grouping them according to income levels. In the high and middle-income provinces, sigma convergence was experienced according to the income of the group leader, while divergence occurred in the lowincome group.

Suggested Citation

  • Şanlı, Devran, 2022. "Yakınsama Hipotezinin Türkiye Ekonomisi Örneğinde Bölgesel Verilerle Test Edilmesi [Testing the Convergence Hypothesis with Regional Data in Turkish Economy]," MPRA Paper 122615, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:122615
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    More about this item

    Keywords

    Income; Growth; Convergence Hypothesis; Catch-Up;
    All these keywords.

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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