Mehmet Ali Soytas

King Fahd University of Petroleum and Minerals | KFUPM · Department of Finance and Economics

To formulate multi-tier supply chain management strategies with global impact, understanding the roles of various supply chain partners in disseminating sustainability along the supply chain is crucial. We analyze the influence of different supply chain positions on sustainability and financial outcomes of Turkish manufacturing companies listed in...

We use a dynastic model of household behavior to estimate and decompose the correlations in earnings across generations. The estimated model can explain 75% to 80% of the observed correlation in lifetime earnings between fathers and sons, mothers and daughters, and families across generations. We find that human-capital accumulation in the labor ma...

Energy remains essential to all forms of economic and military activity and constitutes one of the most valuable and strategic commodities in international trade. Using the newly released Global Energy Relations Dataset, we assess whether trade in energy resources systematically affect bilateral relations between an importer and its exporter. More...

The empirical literature considers firm-specific aspects affecting corporate sustainability decisions but generally omits the influence of the competition. We advocate that sustainability actions of a company impact its marketplace and vice versa. Therefore, the sustainability return of the single firm is a function of the other firms’ sustainabili...

Variety of models and estimation techniques have been proposed for electricity price forecasting in the literature. We contribute by introducing a dynamic forecasting model for hourly electricity prices based on nonlinear excess demand specification. Our modelling framework depends on the neoclassical price adjustment equation that necessitates pri...

This paper introduces an approach that combines macroeconomic forecasts with the input-output analysis methods to produce long-term projections of input-output tables (IOTs), with an emphasis on key targets of Saudi Vision 2030, Saudi Arabia’s blueprint for economic diversification and sustainable growth. A significant advantage of the input-output...

In this study, we investigate the presence of asymmetric interactions between oil prices, oil price uncertainty, interest rates, and unemployment in a cointegration framework. Utilizing the nonlinear auto-regressive distributed lag (NARDL) approach, we show the asymmetric responses of unemployment to changes in oil prices, oil price uncertainty and...

Recent global developments lead companies to include into their strategic plans not only economic sustainability but environmental and social sustainability as well. Companies have been investing in environmental and social sustainability to meet stakeholder demand and/or regulatory demands. Considering this as a market mechanism, we view the susta...

The existing empirical literature on the relationship between corporate sustainability performance and corporate financial performance casts doubt on the direction of this relationship although more studies point out a direction from sustainability to performance. Literature also presents a gap in addressing the mechanism(s) of the relationship tha...

In modern economies, the advancement of well‐being of the citizens should be in an inclusive and sustainable way. In this respect, the sustainable welfare targets should exclusively include three main pillars: economic growth, social inclusion, and environmental protection. These pillars consist of qualitative and nonmonetary, as well as monetary a...

We study the impact of income taxation on intergenerational income correlation. We estimate a life cycle dynastic model and conduct counterfactual analysis to observe the effects of various tax regimes. Compared to a no tax environment, a flat tax regime reduces the correlation only by one percentage points. If the flat tax regime provides child be...

In this paper, we examine the effects of the demographic, health and socio-economic indicators on self-reported health status (SRH) in Turkey for the year of 2012. Independent variables taken into account in the study are formed under these three titles. The Health Survey data have been collected by Turkish Statistical Office (TURKSTAT). We first u...

This paper explores the estimation of a class of life-cycle discrete choice dynastic models. It provides a new representation of the value function for these class of models. It compare a multistage conditional choice probability (CCP) estimator based on the new value function representation with a modified version of the full solution maximum like...

The existing literature on the relationship between corporate sustainability performance and being a domestic or international company doubt on which type of operating has more potential to be corporate sustainable. It might be expected that two types of firms can have different advantages. We take this as an empirical question and bring it to data...

This article analyzes the mechanisms through which parents’ and children’s education are linked. It estimates the causal effect of parental education, parental time with children, and parental income during early childhood on the educational outcomes of children. Estimating the causal effects of time with children, income, and parental education is...

This article analyzes the mechanisms through which parents’ and children’s education are linked. It estimates the causal effect of parental education, parental time with children, and parental income during early childhood on the educational outcomes of children. Estimating the causal effects of time with children, income, and parental education is...

In this paper, we estimate electricity market volatility in Turkey using various GARCH-class models. Spot price in Turkish electricity market exhibits significant variation and therefore, conditional modelling of the volatility can make us better understand the price dynamics of this important market. We estimate volatilities of weekly prices over...

Self-reported health status of individuals is a well-studied topic and significant amount of information is available in the literature. Related studies show that self-reported health status of individuals differs from each other when we consider their socioeconomic and demographic backgrounds such as income level, body mass index, education level,...

In this study, socio-economics and demographics variables are used to analyze the determinants of self-reported health status using a survey data from Turkey for the year of 2012. The data is divided into two groups as female and male to see the gender differences along with the general model. According to related studies, self-assessed health stat...

We investigate empirically the inflation dynamics in New Zealand, a small open economy and a pioneer in inflation targeting, under various open-economy Phillips curve specifications. Our forecasting exercise suggests that open-economy Phillips curves under standard measures of global slack do not help forecast domestic inflation, possibly indicatin...

Using the fixed-point theorem, sovereign default models are solved by numerical value function iteration and calibration methods, which due to their computational constraints, greatly limits the models' quantitative performance and foregoes its country-specific quantitative projection ability. By applying the Hotz-Miller estimation technique (Hotz...

This paper uses a dynastic model of household behavior to estimate and decomposed the correlations in earnings across generations. The estimate model can explain 75% to 80% of the observed correlation in lifetime earnings between fathers and sons, mothers and daughters, and families across generations. The main results are that the family and divis...

Dynastic models have long provided a framework for the study of equilibria with intergenerational transfers, social mobility, and inequality. However with a few exceptions, there has been very little work on the estimations of these models. With the advent of data sets like the PSID that tracks households over more than one generation estimation of...

This paper explores the estimation of a class of life-cycle discrete choice dynastic models. It provides a new representation of the value function for these class of models. It compare a multistage conditional choice probability (CCP) estimator based on the new value function representation with a modified version of the full solution maximum like...

In this paper we developed and estimated a model of dynastic households in which altruistic individuals choose fertility, labor supply, and time investment in children sequentially, using data on two generations from the PSID. We then use the estimates to quantify the quality-quantity trade-offs and the return to parental time investment in childre...

Models of dynastic households have been traditionally used to analyze persistence in earnings and wealth across generations, more recently to study patterns of wealth and fertility, transfers to children and education choices. However most of those models have looked at the theoretical outcomes and there are some limited calibration studies. Some o...