Consumption-Based Poverty in Türkiye between 2003 and 2022

This paper seeks to evaluate consumption-based poverty in Trkiye between 2003 and 2022.Using representative household data from the Turkish Statistical Institute's Household Budget Survey, this study calculates the Foster-Greer-Thorbecke (FGT) poverty indices based on relative poverty thresholds.The results show that poverty rates initially declined rapidly between 2003 and 2008, increased slightly between 2008 and 2012, and then continued to decline between 2012 and 2018.After 2018, poverty rates increased in Trkiye, almost reaching the 2007 level.The analysis also includes the decomposition of poverty changes into growth and redistribution components as well as subgroups.Growth in living standards acted as a povertyreducing effect and was dominant between 2004-2008 and 2012-2018.The redistribution component was a poverty-increasing factor that was dominant after 2018.These periods coincide with the country's overall economic performance.In particular, the highest decline in poverty rates occurred during high economic growth between 2003-2008.The surge in inflation post-2019 aligns with the increase in consumption poverty rates in 2022.

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Publication Details

Journal
Business and Economics Research Journal
Published
2024-11-24
DOI
https://doi.org/10.20409/berj.2024.454
Primary Topic
Turkey's Politics and Society
Type
article
Field-Weighted Citation Impact
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article

Consumption-Based Poverty in Türkiye between 2003 and 2022

Sümeyye Yıldız
Business and Economics Research Journal
Turkey's Politics and Society
article

Consumption-Based Poverty in Türkiye between 2003 and 2022

Sümeyye Yıldız
article en

Abstract

This paper seeks to evaluate consumption-based poverty in Trkiye between 2003 and 2022.Using representative household data from the Turkish Statistical Institute's Household Budget Survey, this study calculates the Foster-Greer-Thorbecke (FGT) poverty indices based on relative poverty thresholds.The results show that poverty rates initially declined rapidly between 2003 and 2008, increased slightly between 2008 and 2012, and then continued to decline between 2012 and 2018.After 2018, poverty rates increased in Trkiye, almost reaching the 2007 level.The analysis also includes the decomposition of poverty changes into growth and redistribution components as well as subgroups.Growth in living standards acted as a povertyreducing effect and was dominant between 2004-2008 and 2012-2018.The redistribution component was a poverty-increasing factor that was dominant after 2018.These periods coincide with the country's overall economic performance.In particular, the highest decline in poverty rates occurred during high economic growth between 2003-2008.The surge in inflation post-2019 aligns with the increase in consumption poverty rates in 2022.

Business and Economics Research Journal
Openalex Percentile: Top 66%
Turkey's Politics and Society
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Consumption-Based Poverty in Türkiye between 2003 and 2022 — Sümeyye Yıldız · Business and Economics Research Journal (2024) | TGRS Research Map | TGRS