Browsing Araştırma Çıktıları / Scopus by KHAS Author "Akkemik, K. Ali"
Now showing items 1-15 of 15
-
Behavioral Biases Of Finance Professionals: Turkish Evidence
Authors:
Publisher and Date:(Elsevier Science Bv, 2016)This study extends the existing literature on the determinants of behavioral biases of Turkish finance sector professionals. It examines the impact of various personal and objective attributes of finance sector professionals on their risk choices derived from their portfolio allocation and personal wealth data. Utilizing survey data from 206 professionals we find that these professionals take higher risk in the form of investment in equities when investing in home country firms (geographic bias) ...
-
Can law impose competition? A critical discussion and evidence from the Turkish electricity generation market
Authors:
Publisher and Date:(Pergamon-Elsevier Science Ltd, 2014)Electricity markets have undergone regulatory reforms since the early 1980s around the world. Technical analyses of these reforms usually pay lip service to the influence of politics over regulatory processes. Existing studies examine certain aspects of the market such as demand pricing and efficiency and they touch upon political issues only passingly when economic models cannot provide sufficient explanation This approach problematically takes politics as an ad hoc variable. This study shows ...
-
Dependence on imported inputs and implications for technology transfer in Turkey
Authors:
Publisher and Date:(Springer New York, 2012)Trade and macroeconomic policies in Turkey evolved from import substitution to export promotion and liberalization of commodity and capital markets after 1980. During the 1980s and 1990s Turkey’s exports and imports and their shares in GDP demonstrated an increasing trend. The share of exports in GDP increased from 4.2% in 1980 to 20.3% in 2005 and that of imports rose from 11.4 to 32.2%. Import liberalization was accomplished during the second half of the 1990s and at around the same time direct ...
-
Energy consumption and income in Chinese provinces: heterogeneous panel causality analysis
Authors:
Publisher and Date:(Elsevier Science, 2012)Recently energy production in China fell behind energy consumption. This poses important challenges for the rapidly growing Chinese economy. As a consequence the causal relationship between energy consumption and GDP is an important empirical issue. This paper examines Granger causality between energy consumption and GDP in China using province-level data. The current paper extends the Granger causality analysis employed in previous studies by taking into account panel heterogeneity. Specifically ...
-
Energy consumption-GDP nexus: heterogeneous panel causality analysis
Authors:
Publisher and Date:(Elsevier Science Bv, 2012)Existing studies examining the Granger causality relationship between energy consumption and GDP use a panel of countries but implicitly assume that the panels are homogeneous. This paper extends the Granger causality relationship between energy consumption and GDP by taking into account panel heterogeneity. For this purpose we use a large panel of 79 countries for the period 1980-2007. Specifically we examine four different causal relationships: homogeneous non-causality homogeneous causality ...
-
General equilibrium evaluation of deregulation in energy sectors in China
Authors:
Publisher and Date:(Routledge Journals Taylor & Francis Ltd, 2015)The central government in China has implemented ambitious energy policy reforms since 1978. An important pillar of these reforms is the deregulation in the energy markets which manifests itself in the formation of energy prices. This study examines the macroeconomic impacts of deregulation in China using an applied CGE model and counterfactual policy simulations. The results point to substantial welfare improvement. Sectoral results point to a reallocation of resources and diversion of economic ...
-
Macroeconomic adjustment in Asia after the global financial crisis: Japan Korea and China
Authors:
Publisher and Date:(Nova Science Publishers Inc., 2017)
-
Macroeconomic adjustment in Asia after the global financial crisis: Japan, Korea, and China
Authors:
Publisher and Date:(Nova Science Publishers, Inc., 2017)
-
Macroeconomic and institutional determinants of financialisation of non-financial firms: Case study of Turkey
Authors:
Publisher and Date:(Oxford University Press, 2014)We observe that industrial firms in Turkey have shifted substantial amounts of working capital from production activities to the purchase of high-yield interest-bearing assets most notably public bonds to ensure immediate short-term interest revenues. Introducing the new and historical institutional literatures to the financialisation research this article empirically examines the influences of macroeconomic and institutional factors on non-financial firms' financialisation behaviour for the period ...
-
Measuring energy intensity in Japan: A new method
Authors:
Publisher and Date:(Elsevier, 2017)Energy intensity and energy conservation have been important pillars of energy policies in Japan. Recently the government has introduced new initiatives to enhance energy efficiency and reduce energy intensity. We analyze the energy intensity in Japan for the period 1973-2006 by proposing a new method which takes into account all other inputs used in production and corrects for the bias in the traditional energy intensity measure. We show that the traditional energy intensity measure has serious ...
-
Re-Considering The Linkage Between The Antecedents and Consequences of Happiness
Authors:
Publisher and Date:(Elsevier Science Bv, 2016)A growing number of studies examine the antecedents of happiness but only a handful of them appear to undertake an analysis of its consequences. Employing a unique cross-sectional data set of 413 adults we examine the relationship of the antecedents of happiness on its outcomes via mediation analysis. We show that the web of relations in this domain is more complicated than it is commonly understood. We provide empirical evidence that income enhances individuals' life satisfaction. We also find a ...
-
Recent industrial policies in Japan
Authors:
Publisher and Date:(Springer International Publishing, 2015)Traditional Japanese industrial policies have since the 1990s evolved towards knowledge-based industrial policies. In this chapter we first explain the salient features of both the traditional and knowledge-based industrial policies and compare them from the perspective of the role of the government. Knowledge-based industrial policies emphasize the role of the government as a facilitator and coordinator rather than a guide. Accordingly the policy instruments differ as well. The changing global ...
-
The Relation Between Worldviews and Intergenerational Altruism In Turkey: an Empirical Approach
Authors:
Publisher and Date:(Univ Babes-Bolyai, 2016)Intergenerational altruism is an important area of research to understand the impact of culture on economic outcomes. We hypothesize based on recent research about intergenerational altruism and tough love model that worldviews religious beliefs and people's confidence about their worldviews affect intergenerational altruistic economic behaviour. We extend the research on the impact of worldviews on intergenerational altruism by focusing on Turkey. In the empirical analysis we run probit regressions ...
-
Toward a wider market definition in broadband: The case of Turkey
Authors:
Publisher and Date:(Elsevier Science, 2015)As broadband Internet transforms the way people connect with others the boundaries between different modes of communications become vague. In recent years the scope of voice and broadband markets has become a matter of concern for both policymakers and researchers. Until recently it was thought that DSL and mobile broadband markets were separate markets and therefore they were separately regulated. However recent empirical evidence in some countries shows that fixed and mobile broadband services ...
-
Whither developmental state in East Asia
Authors:
Publisher and Date:(Nova Science Publishers Inc., 2017)
