Abstract
This paper compares the competitiveness of Turkey in manufacturing in terms of unit labor cost with the transition countries including Poland, Hungary, Czech Republic and Slovakia. Unlike the pure wage rate comparison, Turkey performs better than other countries in the sample with respect to unit labor cost. Turkey has lower unit labor cost almost in all the sectors. In addition, unit labor costs and their growth rates are examined in detail specifically for the manufacturing sectors with rising and declining export shares in recent years.
Original language | English |
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Publication status | Published - 2008 |
Externally published | Yes |