Ekonomi / Economics
Recent Submissions
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Corporate leverage, monopolization, zombification: An analysis of the U.S. nonfinancial corporate sector / Kurumsal şirket kaldıraç oranları, tekelleşme, zombifikasyon: ABD finansal olmayan kurumsal sektörünün bir analizi
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Publisher and Date:(2021)ABD'deki finansal olmayan kurumsal şirketler COVID-19 pandemisinden daha önce rekor borç seviyelerine ve kaldıraç oranlarına ulaştı. Yakın tarihli bir dizi rapor, haber ve akademik çalışma, finansal olmayan kurumsal şirketlerin artan borçluluğuna kapsamlı bir ilgi göstermektedir ve kurumsal borçlardaki artışla ilgili endişeleri yansıtmaktadır. 1980'den 2019'a kadar olan, ABD'deki finans dışı kurumsal şirketlerin firma düzeyindeki verilerini kullanarak, büyük firmaların son on yılda yatırım ...
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The effect of taxes and transfers on income poverty in Turkey from 2003 to 2019 / 2003'den 2019'a Türkiye'de vergi ve transferlerin gelir yoksulluğu üzerine etkisi
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Publisher and Date:(Kadir Has Üniversitesi, 2021)Gelişmiş ülkelerin aksine, gelişmekte olan ülkelerde dolaylı vergiler ana vergi gelirleridir. Türkiye'de tahsil edilen vergilerin büyük çoğunluğu tüketim üzerinden alınan dolaylı vergilerdir ve bu vergilerin payı Türkiye'deki toplam vergi gelirlerinin yüzde 60'ını oluşturmaktadır. Dolaylı vergiler orantısız bir şekilde düşük gelir gruplarını etkiler ve bu da yoksulluk durumunu etkiler. Hanehalkı Bütçe Anketi verilerini kullanarak sosyal güvenlik katkı payları, gelir vergileri, tüketim vergileri ...
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Political economy of energy in Turkey / Türkiye'de enerji ekonomisi
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Publisher and Date:(Kadir Has Üniversitesi, 2020)Ekonomi hızla büyüdükçe Türkiye'nin enerji ihtiyaçları ve ithal edilen enerji kaynaklarına bağımlılığı 2000'li yıllar itibari ile artmış, bu da yerli enerji üretimini arttırmayı amaçlayan enerji politikalarına daha fazla odaklanmaya yol açmıştır. Ancak, enerji yatırımları artmış ve enerji piyasalarına yeni firmalar gitmiş olsa da, uygulanan enerji politikaları Türkiye'nin enerji sorunlarını çözmekte yetersiz kalmıştır. İthal edilen enerji kaynaklarına bağımlılık devam ederken, yeni çevresel sorunlar ...
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The Repurchase Agreement (Repo) Market
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Publisher and Date:(John Wıley & Sons Ltd, 2011)
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Bargaining with nonanonymous disagreement: Decomposable rules
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Publisher and Date:(Elsevier Science Bv, 2011)We analyze bargaining situations where the agents' payoffs from disagreement depend on who among them breaks down the negotiations. We model such problems as a superset of the standard domain of Nash (1950). We first show that this domain extension creates a very large number of new rules. In particular, decomposable rules (which are extensions of rules from the Nash domain) constitute a nowhere dense subset of all possible rules. For them, we analyze the process through which "good" properties ...
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Modeling and forecasting the demand for industrial roundwood in Turkey: A primary econometric approach
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Publisher and Date:(Wfl Publ, 2012)This study is a primary econometric analysis to explore the factors explaining the changes in industrial roundwood demand in Turkey. The study also includes demand forecasts based on the econometric models proposed herein. We constructed two separate econometric models: one for national demand for domestically-produced saw log, and the other for national demand for domestically-produced non-sawlog industrial roundwood. Models were originally designed in multiplicative form. The original models are ...
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Militancy Governance under State Failure: Models of Legitimacy Contestation in Ungoverned Spaces
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Publisher and Date:(2017)This article makes an empirical exposition of militancy governance under state failure by focusing on ISIS (Islamic State in Iraq and Syria), YPG (People's Protection Units), Luhansk People's Republic and Donetsk People's Republic. Specifically, the article discusses how these groups mobilize different types of grievances and frame their propaganda to exert control over areas where states are weakened. Furthermore, how these groups engage in early modes of pre- and post-territorial control, form ...
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Housing Prices in a Market Under Years of Constant Transformation: A County-Based Analysis of Istanbul
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Publisher and Date:(Cracow Univ Economics, 2020)Objective: The objective of the article is to present a comprehensive approach to analysing Istanbul's housing prices, using a hedonic price model with a large dataset and a single variable for locational attributes. Research Design & Methods: The analysis of consequent housing prices in Istanbul's counties with hedonic price modelling and the extrapolation of results by comparing the prices to the human development level of counties. We use multiple regression and Ordinary Least Squares (OLS) ...
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'Who wants left-wing policies? Economic preferences and political cleavages in Turkey'
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Publisher and Date:(Routledge Journals, Taylor & Francis Ltd, 2020)We administer a survey of economic policy preferences to a representative sample of the Turkish voting-age population. We show that policy preferences are distributed in non-linear ways that are at odds with what could be expected from a conventional left-right division. We find that while objective socioeconomic differences are bad at predicting economic policy preferences, the latter are distinctly associated with politically salient cleavages built on religiosity and ethnicity. We also examine ...
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Contours of Alternative Policy Making in Venezuela
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Publisher and Date:(Sage Publications Inc, 2014)The economic policies of the Venezuelan government in the last decade represent a significant departure from neoliberal orthodoxy. This departure consists of a focus on greater national autonomy, a return to some of the macroeconomic policies of earlier eras, and increased state involvement in the economy through interventions and social programs. While these policies have resulted in improved social indicators, they also have provided space for a set of "transformative" initiatives, including ...
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Heterogeneous effects of minimum wage on labor market outcomes: A case study from Turkey
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Publisher and Date:(Walter de Gruyter, 2020)We assess the effects of a sharp minimum wage increase on wages, informality, and employment in Turkey, a large developing economy with one of the highest minimum wage-to-average wage ratios among OECD countries and widespread discrepancies between labor market outcomes of women and of men. We look at the quasi-experimental 2016 minimum wage increase and pay attention to identifying information coming from demographic groups. We find that the increase in the minimum wage had an economically ...
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Macroeconomic adjustment in Asia after the global financial crisis: Japan, Korea, and China
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Publisher and Date:(Nova Science Publishers, Inc., 2017)
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Is It Merely a Labor Supply Shock? Impacts of Syrian Migrants on Local Economies in Turkey
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Publisher and Date:(Sage Publications, 2021)The authors use the occurrence of a large and geographically varying inflow of more than 2.5 million Syrian migrants to Turkey between 2012 and 2015 to study the effect of migration on local economies. They do not find adverse employment or wage effects for native-born Turkish workers overall or for those without a high school degree. These results are robust to a range of strategies to construct reliable control groups. To explain the findings, the authors document the importance of three ...
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Overcoming the Egyptian cotton crisis in the interwar period: the role of irrigation, drainage, new seeds, and access to credit
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Publisher and Date:(Blackwell Publishing, 2021)After experiencing a period of spectacular growth during the late nineteenth century, the Egyptian cotton sector underwent a phase of stagnation, which was followed by a gradual and steady increase in output during the interwar period. Drawing on a new panel dataset at the province–year level, this article explores the determinants of the upturn in cotton output, running a horserace between credit, seed technology, and infrastructure. In order to address endogeneity concerns, an instrumental ...
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A Dynamic Game Theory Model For Tourism Supply Chains
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Publisher and Date:(Sage Publications, 2021)This article contributes to the game-theoretic analysis of tourism supply chains. We start with a baseline model including three types of agents: (a) one theme park, (b) multiple accommodation providers, and (c) multiple tour operators. We investigate the strategic dynamics (i.e., collaboration and competition) embedded in a market with two different tourism supply chains, and then we extend our model to an infinite-horizon repeated game arguing that agents would face the same decision problem in ...
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Contradictions of capital accumulation in the age of financialization
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Publisher and Date:(Edward Elgar Publishing Ltd, 2016)
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Unveiling the effects of a headscarf ban: Evidence from municipal jobs in Turkey
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Publisher and Date:(Academic Press Inc., 2020)Religious conservatism is often associated with patriarchal attitudes and deterioration of women's rights. This conventional wisdom has motivated ubiquitous policies that limit public expressions of religion and emphasize secular values. This paper demonstrates that a policy change which undermines secularity ends up empowering women. The current article takes advantage of a unique divergence in political institutions that occurred in Turkey's recent history to explore how revoking a headscarf ban ...
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Perceived Happiness, Perceived Trust and Perceived Income Levels: The Case of the Reunified Germany
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Publisher and Date:(Savez Ekonomista Vojvodine, 2019)This study explored the possible impact of perceived income on individual (perceived) happiness in Eastern and Western Germany in relation to perceived trust and four socio-economic variables, namely gender, age, marital status and employment status. To examine the relationship between these variables, a generalized ordered logit model was applied using the World Values Survey data. Bootstrapping and marginal effects were used to obtain a more robust model. The findings provided insights regarding ...
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The role of trade and FDI for CO2 emissions in Turkey: Nonlinear relationships
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Publisher and Date:(Elsevier, 2019)This paper examines the effects of foreign trade and foreign direct investment (FDI) on CO2 emissions in Turkey. We consider linear and nonlinear ARDL models and find significant asymmetric effects of exports, imports and FDI on CO2 emissions per capita. However, FD1 has no statistically significant long-run effects. In the long run, decreases in exports reduce CO2 emissions per capita but increases in exports have no statistically significant effects. Increases in imports push up CO2 emissions ...
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Female employment status: a survey analysis of selected member states of the Arab League
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Publisher and Date:(Springer Heidelberg, 2019)Low female labor force participation is a conspicuous issue in the literature. Based on this information, women's perspectives of the determinants of female labor force participation in 13 member states of the Arab League in relation to the region's patriarchal culture and conservative social norms are discussed in this paper. Probit modelling is applied to the sixth wave of the World Values Survey data (2010-2014), in order to examine the relationship between female labor force participation and ...