Sample correlation coefficient: Interest rate vs. home sales in Turkey over Jan 13 – Oct 20

I analyze the relationship between interest rates and home sales in Turkey. I have obtained the related series form the websites of TCMB and TUIK. Here a subsample of the data: Below you can see a chart of the related series: What if we depict both series in a cartesian diagram while ‘number of home

Gross domestic product of Turkey by provinces by kind of economic activity, current prices, NACE Rev.2, 2004-2017

TUIK has the data on GDP of Turkish provinces (totally 81) by three sectors namely agriculture, industry and services. Figure -1 shows the GDP shares of top ten provinces over 2004-2017. Istanbul, by far, has been the largest contributor of GDP in this period. It constantly remains above about % 30. Ankara is the second

Total Factor Productivity Growth of Turkey, Japan and the United States over 2009-2013, following Solow (1957) approach.

I have studied “economic growth” in my MSc thesis at the University of Essex in 2014. You can reach it from here. Nowadays, I am planning to publish an article regarding the similar topic. In line with this purpose, in this text, I would like to handle some analysis related to the topic in more

Measuring GDP of Turkey by total spending method

The second approach for measuring GDP is using aggregating all the expenditures in a given year in an economy. [ GDP =  C  +  I  +  G  +  XN I =  If  +  Is GDP =  C  +  If  +  Is  + G + XN ] C = Consumption I = Gross investment If =

Measuring Turkish GDP by production approach

There are three methods for measuring GDP. These are using: Total production, Total spending, Total income. In this article, I will deal with the total production method. In this method, GDP is assumed to be equal to the summation of all the value added created by all firms in an economy. [GDP = Aggregate of