An Empirical Remark about Middle Income Trap Problem for Turkey

Ayşen ALTUN ADA, Hakan ACAROĞLU

Özet


This study has been performed to indicate the causality relationship between the middle income trap and the factors which are considered to be reasons for this trap in Turkey. It is expected that revealing this relationship in an empirical way will contribute scientifically to this new concept. Starting from this point of view, the relationship between middle income trap, high technology export and public spending on education has been researched.  It is thought that these factors are necessary indicators for Turkey to overcome the trap even though it has been a country of upper middle income group. Time serial analysis made for the years 1983-2013 suggests that Turkey can overcome the middle-income trap if it attaches enough importance for public spending on education.


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E-posta: seyad@sakarya.edu.tr