International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online)

 

Investigating the Macroeconomic and Qualitative Dynamics of Urban Economic Growth: Evidence From the Most Productive Turkish Cities12
Ekrem ERDEM, Dr. Can Tansel TUGCU

Abstract
Jane Jacobs (1969) defined cities as the engines of economic growth. Therefore, it is important to examine the growth dynamics of cities. However, most of the studies dealt with country level economic growth and ignored the examination of city level growth dynamics. This study investigated the macroeconomic and qualitative growth dynamics of the most productive Turkish cities by employing linear panel data methodology. Findings indicated that gross fixed capital formation, population, last growth performance, call deposits, bank loans, exports, the sum distance to Ankara and Istanbul, crime rates, having a shore and harbour, the spirit of entrepreneurship and schooling in secondary education have significant influences on urban economic growth in Turkish economy.

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