Akkemik, Küçük Ali

Akkemik, Küçük Ali

Name Variants

Akkemik, Küçük Ali
K.,Akkemik
K. A. Akkemik
Küçük Ali, Akkemik
Akkemik, Kucuk Ali
K.,Akkemik
K. A. Akkemik
Kucuk Ali, Akkemik
Akkemik, K. Ali
Akkemik, K.A.
Akkemik,K.A.
Akkemik, Ali
Akkemik, K. Ali

Job Title

Doç. Dr.

Email Address

Alı.akkemık@khas.edu.tr

Full item page

Scholarly Output

22

Articles

12

Citation Count

0

Supervised Theses

4 Scholarly Output Search Results

Now showing 1 - 10 of 22

Citation Count: 0
Recent Industrial Policies in Japan
(Springer, 2015) Akkemik, Küçük Ali
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 economic environment in the era of the knowledge economy and the emergence of new regional rivals, Korea and China, also led to significant changes in policy design and corporate governance styles as well. On the other hand, we argue that there is still an influence of the developmental state practices in policy-making. To present a full account of the recent industrial policies in Japan, we present the recent changes in the policy-making process as well as the economic mindset with reference to the official documents on industrial policies. © 2015, Springer International Publishing Switzerland.
Analysis of the determinants of ecological footprint in Turkey
(Kadir Has Üniversitesi, 2015) Akkemik, Küçük Ali; Akkemik, Ali
This paper aims to investigate political economy factors which affect environmental degradation in Turkey. The investigation is based on environmental sociology theories and through assumptions of theories, I test validity of these theories for Turkey. The theories that I test are the environmental Kuznets curve, ecological modernization, treadmill of production and destruction, ecologically unequal exchange, and political economy of urbanization. I use time-series data for Turkey covering the period 1970-2010 and in order to see relationship between the effect of economic development, export density to developed countries, urbanization rate, military expenditure and the ecological footprint per capita of Turkey. I employ Johansen cointegration technique. There is a statistically significant and positive relation between economic development, urbanization with ecological footprint, and there is no evidence for ecologically unequal exchange theory, the environmental Kuznets curve and militarization.
Taylor modelinin Türkiye'ye uygulanması
(Kadir Has Üniversitesi, 2013) Akkemik, Küçük Ali; Akkemik, K. Ali
Önemi ekonomiler üzerinde her geçen dönem artan Merkez Bankaları ve uyguladıkları para politikaları akademik çalışmaların vazgeçilmez konularından olmuştur. Para politikası araçlarının daha etkin kullanılması ve ekonomik istikrarı sağlaması için akademik çalışmalar daha da önem taşımaktadır. Son dönemlerde akademik çalışmalarda kurala dayalı ve takdire dayalı para politikası üzerine durulmaktadır. Kurala dayalı para politikası kurallarından biri olan ve John Taylor tarafından 1993 yılında ortaya konan Taylor kuralı bu çalışmada üzerinde durulan modeldir. Amerikan Merkez Bankasının verdiği kararları en iyi şekilde gösteren ekonometrik model olan Taylor modeli, faiz oranları ile çıktı açığı ve enflasyon açığı arasında bir ilişki kurmaktadır. Bu model çalışmamızda Türkiye veriler üzerinde test edilmiştir. İlk olarak gecelik basit faiz oranı verisi üzerinde ADF ve DF birim kök testleri uygulanmıştır. Daha sonra koentegrasyon olup olmadığına bakılmış ve en son olarak da VECM modeli kullanılarak sonuçlara erişilmiştir. Sonuç itibariyle çıktı açığı ve döviz kurundaki değişimin gecelik faiz oranındaki değişimi açıklayabildiği, enflasyon açığının ise çok az bir açıklama gücü olduğu görülmüştür.
Citation Count: 0
The relation between worldviews and intergenerational altruism in Turkey: An empirical approach
(Universitatea Babes-Bolyai, Catedra de Filosofie Sistematica, 2016) Akkemik, Küçük Ali; Akkemik,K.A.; Göksal,K.
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 using data from a large national survey. We find that worldviews,religiosity,and confidence of individuals about their worldviews impact on intergenerational altruistic economic behaviour in Turkey. © SACRI.
Citation Count: 54
Energy consumption-GDP nexus: heterogeneous panel causality analysis
(Elsevier Science Bv, 2012) Akkemik, Küçük Ali; Göksal, Koray
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 heterogeneous non-causality and heterogeneous causality. The results show that roughly seven-tenths of the countries exhibit bi-directional Granger causality two-tenths exhibit no Granger causality and one-tenths exhibit unidirectional Granger causality. (C) 2012 Elsevier B.V. All rights reserved.
The effects of common macroeconomics factors on U.S stock returns
(Kadir Has Üniversitesi, 2014) Akkemik, Küçük Ali; Akkemik, Ali
In this study, the macro variables' explanatory power in relation to the variation of stock returns has been discussed in terms of the economy of the USA. In order to make an analysis on the cross section of the stock returns, 131 Macroeconomic variables between 1964 and 2007 have been put into use. Summing up the information in 131 monthly series, dynamic factor analysis is used to take out 8 potential factors. So that the pragmatic presentation of the factor model can be measured, Fama-Macbeth's test procedure of two phases is applied. In addition to the variables included in the literature such as market risk factor, size factor, value factor and momentum factors, it is found out that the macro factors are highly influential on the explanation of the common variation in U.S stock returns. The tests stated above have been performed by the means of Fama French 49 industry portfolios, apart from Fama French 100 portfolios that have been formed on size and book. Furthermore, the factor model is established and intended for the certain periods of boom and recession. In comparison to the boom periods, the relations established between latent factors and stock returns appear to be unimportant during the downturn periods.
Citation Count: 1
General equilibrium evaluation of deregulation in energy sectors in China
(Routledge Journals Taylor & Francis Ltd, 2015) Akkemik, Küçük Ali; Li, Jia
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 activities more toward domestic services.
Citation Count: 6
Can law impose competition? A critical discussion and evidence from the Turkish electricity generation market
(Pergamon-Elsevier Science Ltd, 2014) Akkemik, Küçük Ali; Akkemik, K. Ali; Göksal, Koray
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 that electricity is intrinsically a 'political good' and argues that any meaningful reform effort should take institutions as the starting point rather than a residual. The argument that politics has to be an endogenous variable in any model aspiring to explain behavior in electricity markets is demonstrated in the paper. The evidence for the political good character of electricity is found by examining the Turkish regulatory reform for Which it is argued that there is not a satisfactory relationship between expected and realized gains. (C) 2013 Elsevier Ltd. All rights reserved.
Citation Count: 67
Macroeconomic and institutional determinants of financialisation of non-financial firms: Case study of Turkey
(Oxford University Press, 2014) Akkemik, Küçük Ali; Özen, Şükrü
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 1990-2002. The findings from panel regression analyses using data from 41 firms listed on the Istanbul Stock Exchange indicate that both macroeconomic and institutional factors influence financialisation behaviour to different degrees. Turkish non-financial firms particularly engage in financialisation as a response to highly uncertain macroeconomic conditions. The findings indicate that the key characteristics of state-organised business system in Turkey such as firms' ties with the government and family ownership are not conducive to financialisation behaviour.
Citation Count: 1
Dependence on imported inputs and implications for technology transfer in Turkey
(Springer New York, 2012) Akkemik, Küçük Ali
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 price support for exports was abolished. © Springer Science+Business Media LLC 2012. All rights reserved.