Determinants of Investment in Turkey: A Firm-Level Investigation

dc.contributor.authorOrhangazi, Özgür
dc.contributor.authorOrhangazi, Özgür
dc.contributor.authorYalçın, Cihan
dc.date.accessioned2019-06-27T08:01:08Z
dc.date.available2019-06-27T08:01:08Z
dc.date.issued2019
dc.departmentFakülteler, İktisadi, İdari ve Sosyal Bilimler Fakültesi, Ekonomi Bölümüen_US
dc.description.abstractIn this article we analyze the financing constraints-investment link for the case of Turkey between 1996 and 2013. As different from the existing studies on Turkey we use a more comprehensive data set that includes both publicly-traded and privately-owned firms and analyze the differences in constraints across small- and medium-sized firms and large firms. In addition to the commonly used cash-flow sensitivities we use alternative measures of constraints build from multiple firm specific variables. We find that small- and medium-sized manufacturing firms in Turkey are subject to financing constraints regardless of the measure used.en_US]
dc.identifier.citation9
dc.identifier.doi10.1080/1540496X.2018.1473247en_US
dc.identifier.endpage1416
dc.identifier.issn1540-496Xen_US
dc.identifier.issn1558-0938en_US
dc.identifier.issn1540-496X
dc.identifier.issn1558-0938
dc.identifier.issue6
dc.identifier.scopus2-s2.0-85053494658en_US
dc.identifier.scopusqualityQ1
dc.identifier.startpage1405en_US
dc.identifier.urihttps://hdl.handle.net/20.500.12469/271
dc.identifier.urihttps://doi.org/10.1080/1540496X.2018.1473247
dc.identifier.volume55en_US
dc.identifier.wosWOS:000459541600014en_US
dc.identifier.wosqualityQ2
dc.institutionauthorOrhangazi, Özgüren_US
dc.language.isoenen_US
dc.publisherRoutledge Journals Taylor & Francis Ltden_US
dc.relation.journalEmerging Markets Finance and Tradeen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/embargoedAccessen_US
dc.subjectBusiness fixed investmenten_US
dc.subjectCapital accumulationen_US
dc.subjectCredit constrainten_US
dc.subjectDebten_US
dc.subjectFinancing constrainten_US
dc.subjectInvestmenten_US
dc.subjectTurkeyen_US
dc.titleDeterminants of Investment in Turkey: A Firm-Level Investigationen_US
dc.typeArticleen_US
dspace.entity.typePublication
relation.isAuthorOfPublicationaad6bd22-3f32-4c7f-b625-51b081f50ddd
relation.isAuthorOfPublication.latestForDiscoveryaad6bd22-3f32-4c7f-b625-51b081f50ddd

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