In this paper, a macroeconomic performance index (MEP10) which consists of selected ten indicators is proposed to evaluate the relative performance of Turkish governments by using monthly data for the period of December 1987 – April 2007. According to the multi-staged evaluation process...

In spite of the analysis of sophisticated developments and their effects in the agricultural sector, measuring composite index of agricultural development depending upon main statistical indicators in the determination of the level of agricultural sector developments is one of the important...

In spite of the analysis of sophisticated developments and their effects in the agricultural sector, measuring composite index of agricultural development depending upon main statistical indicators in the determination of the level of agricultural sector developments is one of the important...

Dollarization, which can be considered as a wide-spread characteristic of the emerging market economies, is caused by economic units’ holding assets in foreign currency to prevent the value of their financial assets from the risk of devaluation of the national currency and to diversify their...

The relationships between inflation and its uncertainty have long been perceived in the economics literature as a special research area based mainly on empirical findings. Testing the causality between these aggregates enables us to attain the significant knowledgement of whether or not...

Hypothesis of purchasing power parity basically depends on the presumption of unique price in international trade. The price of a good is the same all over the world when it is converted to a common currency. In other words, one unit of national currency has the same purchasing power everywhere...

The aim of this study is to compare the ex post forecast accuracies of VAR, ARIMA, ES, Combining and Add-factor methods. In this comparison, the ex post forecasts of 2000:1-2000:4 are obtained by using the data of the Turkish private consumption for the period of 1987:1-1999:4. Beside private...

This paper considers the forecast accuracies of VAR and ARIMA models. The paper, hence, employs monthly Turkish CPI, Exchange Rate and Interest rate variables for the period 1994:1-200:07, and, observes the ex-post forecast values of the relevant variables. To this end, paper first determines...

This paper investigates relationship between economic growth and electricity consumption for Turkey over the period 1974-2004. As economic growth and electricity consumption variables used in empirical analysis was different order of integration ( I(0) and I(1) ) we employed bound test approach....