Evaluating the impacts of the COVID-19 pandemic on unemployment, income distribution and poverty in Turkey

Basit Öğe Kaydı
dc.WoS.categoriesEconomicsen_US
dc.authorid0000-0002-4250-8510en_US
dc.contributor.authorBahar, Ayşe Aylin
dc.contributor.authorGünçavdı, Öner
dc.contributor.authorLevent, Haluk
dc.date.accessioned2023-09-19T07:07:02Z
dc.date.available2023-09-19T07:07:02Z
dc.date.issued2023-03
dc.description.abstractIn the recent World Economic Outlook, the IMF indicates that world output shrank by 3.5% in 2020. Despite all pessimistic expectations, the Turkish economy was one of the few countries to have a positive, albeit low, economic growth rate in 2020. This was, however, achieved at the expense of high social and economic costs. The present research examines the distributional costs of this economic growth during the pandemic and suggests economic measures required to control them. The empirical examination is based on generating unavailable income and living conditions for 2020 by using the results available in TurkStat’s 2017 Income and Living Conditions Survey. The actual changes in sectoral output and employment, which are available as of March 2021, are used to generate changes in the income levels of households in TurkStat’s 2017 survey. The research empirically shows that adequate fiscal support with a large scope for households and businesses is necessary to compensate for economic losses caused by the pandemic. The short-run working allowance policy appears to have been very important to improve income distribution, which might have deteriorated due to the pandemic. Direct cash support to households is considered another essential policy measure that is required to mitigate the severity of increased poverty.en_US
dc.fullTextLevelFull Texten_US
dc.identifier.doi10.1016/j.ecosys.2022.101046en_US
dc.identifier.issn1878-5433
dc.identifier.issn0939-3625
dc.identifier.scopus2-s2.0-85138539176en_US
dc.identifier.urihttps://hdl.handle.net/11411/5193
dc.identifier.urihttps://doi.org/10.1016/j.ecosys.2022.101046
dc.identifier.wosWOS:000970865600001en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.issue1en_US
dc.language.isoenen_US
dc.nationalInternationalen_US
dc.numberofauthors3en_US
dc.publisherELSEVIERen_US
dc.relation.ispartofECONOMIC SYSTEMSen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.snmz20240718_Mükerrer
dc.subjectCOVID-19en_US
dc.subjectPandemicen_US
dc.subjectInequalityen_US
dc.subjectPovertyen_US
dc.subjectCash supporten_US
dc.subjectFiscal aiden_US
dc.subjectTurkeyen_US
dc.titleEvaluating the impacts of the COVID-19 pandemic on unemployment, income distribution and poverty in Turkeyen_US
dc.typeArticleen_US
dc.volume47en_US

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