Abstract

In this study, we concentrated on the socioeconomic factors affecting the level of real GDP per qualified worker. For this purpose, we have used the macroeconomic and socio-political performance index for Turkic Republics. By using these newly established indices, determinants of the level of real GDP per qualified worker are analyzed for the first time in the literature. From the empirical investigation, we found that certain threshold levels significantly affect the real GDP level perqualified worker. Therefore, the policymakers of these countries should seriously consider these threshold levels for macroeconomic and socio-political performance index for conducting a well-organized policy for the prosperity of their countries.

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