The middle income used from research and development (R&D) and industrial production methods for exit traps on the assessment: The case of Turkey

The middle income trap is defined upon the announcement of the World Bank as the fact that countries have failed to reach a higher income group as a result of long years spent in the $ 1.026 - $ 12.745 per capita national income level. In 2004, Turkey upgraded to the middle income group and demonstrated a series of successful economic policies in the said period. In this study, the subject of whether or not Turkey took part nowadays in the middle income trap was studied. Also; it has been tested how expenditures on the Research and Development (R&D) investments and industrial production activities have the effects on Turkish economy by economic modeling methods used by countries to increase their income levels. Keywords: Medium Income Trap, Research and Development Investment Expenditures, Industrial Production.