FORM OF THE PRODUCTION FUNCTION IN TURKISH MANUFACTURING INDUSTRIES

Burça KIZILIRMAK ÜÇKAYA (Ankara University)
Hasan ŞAHİN (Ankara University)

In this paper we investigate the specification of production function in Turkish manufacturing industries. Three types of production functions (Cobb-Douglas, CES and translog) are estimated for selected industries by using panel data for the period of 1980-1998. Data are taken from Annual Manufacturing Industry Statistics of State Institute Statistics. In addition, we examine if the changes in production in different sectors are random or due to sectoral characteristics in the framework of random and fixed effect models.