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Publications (8)
Turkey has been deeply integrated with the EU, its largest trading partner, particularly following the Customs Union agreement in 1996. However, the free trade agreements (FTAs) signed by the EU with third party countries may create some unfair competitive pressures, market share and welfare losses for Turkey. This study investigates the impact of...
Support system policy debate in Turkish agriculture, which is mainly related with the target, quality and measure of intervention to agricultural markets still prolongs as agricultural sector essentially needs state intervention. The neo liberal view, which became dominant in the agricultural markets after 1999 IMF Stand-by supports that policies s...
This study analyzes the persistency of total and disaggregated Turkish exports for different shock magnitudes using the quantile autoregression (QAR) method in line with Koenker and Xiao (J Am Stat Assoc 99:775-787, 2004). The results suggest that the persistence of shocks are not similar across different quantiles of Total Exports and disaggregate...
Turkey is a developing, small, open economy with a volatile growth pattern. One of the major problems of its economy is the current account deficit (CAD) problem. Analyzing the current account deficit, one faces more than one transmission channel: (i) credit growth would increase GDP growth and the CAD; (ii) increases in growth would cause real exc...
In this study, a Keynesian model studying simultaneously, the impact of immigrant workers’ foreign currency transfers on macro variables such as consumption, investment, imports and income of Turkey is presented. While the calculated impact and dynamic multipliers of immigrant workers’ foreign currency transfers on consumption, imports and income i...
This study estimates a Keynesian simultaneous, dynamic macro-econometric model to investigate the impact of remittances on key macro variables such as consumption, investment, imports and income in Turkey. The estimated impact and dynamic multi-pliers indicate that impact of remittances on consumption, imports and income are all positive and reduce...
In this study, a demand oriented simultaneous equation macroeconometric model with a dynamic perspective is constructed in order to investigate the impact of workers remittances on output growth via their effects on key macro variables such as private consumption, investment and imports for Turkey. The study covers the period of 1964-2003 on an an...