Real wages, profit margins and inflation in Turkish manufacturing under post-liberalization

This article reports investigations into the behaviour of gross profit margins (mark-ups) in Turkish manufacturing industries for the post-1980 liberalization period in relation to price inflation, trade liberalization (openness) and real wage costs. Panel data econometrics over 29 subsectors of Turkish manufacturing are used over the period 1980-1996. Results suggest that profit margins are positively and significantly related both to price inflation and real wage costs. However, openness is found to have very little impact on profit margins.

Contractual design and PPPs for hospitals: lessons for the Portuguese model

Public–private partnerships, Contract design, I11, I18,

INFLATION UNCERTAINTY AND GROWTH: EVIDENCE FROM PANEL DATA *

This paper explores empirically the link between inflation uncertainty and economic growth through a panel data analysis with a data set from OECD economies that covers the period from 1969 to 1999 and the GARCH methodology. The main results point out that inflation uncertainty has an adverse impact on economic growth in the majority of the cases under investigation Copyright Blackwell Publishing Ltd/ University of Adelaide and Flinders University 2005..