This article addresses the recent red meat price spikes in Turkey, using contemporary time-series analysis. The arguments point to the impact of low milk prices that led to liquidation of dairy herds and decline of beef prices initially due to the liquidation and increased meat supply, and...

This paper investigates the spillover effects of public capital formation on the Turkish private manufacturing industry at the regional level over the period 1980-2000. The aggregate effects of public capital cannot be captured entirely from the direct effects of public capital installed in the...

We argue that relative price changes are a key component of the Phillips curve relationship between inflation and output. Building on work by Ball and Mankiw, we propose including measures of the variances and skewness of relative price adjustment in an otherwise standard model of the Phillips...

(Abstract is updated on 15th of February 2013 upon the request of the author) Long-term data sets might affect the significance of economical and statistical applications. However, revisions in the International Standard Industrial Classification (ISIC) system may prevent to get long-term data...

This paper characterizes the equilibrium outcomes of two-stage games in which the second mover has private information and can sign renegotiable contracts with a neutral third-party. Our aim is to understand whether renegotiation-proof third-party contracts can confer a strategic advantage on...

Yüksekögretim sisteminin yeniden yapilandirilmasi 2012 yilinin çok tartisilacak konularindan birisi olmaya adaydir. Pek çok üniversite bu konudaki görüslerini, genel yapilanmanin ne sekilde olmasi gerektigi konusunda detayli bilgiler içeren raporlar vasitasiyla açiklamislardir. Bu...

Bu makalede üretim parçalanmasi modeli ve ara mali ticaretine dayanan üretim örgütlenmesinin is gücü piyasalarina etkisi tartisilmistir. Ürünlerin, sermayenin, emegin ve fikirlerin serbestçe dolasabildigi günümüz ekonomisi, üretimin küresellesmesine ortam saglamaktadir. Üretimin...

Several recent empirical studies have examined the gender effects of education on economic growth or on steady-state level of output using the much exploited, familiar cross-country data in order to determine their quantitative importance and the direction of correlation. This paper undertakes a...

This study exposes a comparative treatment of the private returns to education in Palestine and Turkey over the period 2004-2008. Comparable data, similar definitions and same methodology are used in the estimations. The estimates are provided first for average returns to education second for...

The main purpose of this paper is to analyze the causal relationships between defence spending and economic growth using the Toda–Yamamoto approach to Granger causality test in the case of selected NATO countries for the period of 1949-2006. NATO countries spend biggest proportion of defence...