Avrupa Birliğine uyum sürecinin hızlanmasıyla birlikte diğer finans kurumları gibi Türk sigortacılık sektörünün rekabete açılması önemli bir konu haline gelmiş, birliğe tam entegrasyonun gerçekleşmesi durumunda sektörün geleceği konusundaki endişeler artmaya...

The collusion hypothesis in the Structure-Conduct-Performance (SCP) approach assumes a negative relationship between concentration and competition. The efficient structure hypothesis asserts a positive relationship between efficiency and competition. Both of these traditional approaches to...

The results of empirical studies on the 1980 Turkish economic reform programme frequently suggest that openness has a positive impact on growth in Turkey. However, the results of empirical literature on the relationship between openness and growth have always been under criticism for using...

Empirical studies on tourism field for Turkey have illustrated little attention in modelling properly the demand function for tourism and identifying the main basis of tourism flows. The majority of studies take into consideration the demand side determinants of tourism, usually proxies by...

The existing empirical literature on the intensity of competition in developing countries shows that the persistence of profitability is smaller in developing than in advanced economies. To solve this controversy, Glen, Lee and Singh (2003) propose to look into the underlying sources of the...

Economic integration theory suggests that each member benefits from establishing a customs union; because the country that has relatively lower income will grow faster than the others, income and growth rates of all member countries will be equalised in the long-run. However, endogenous growth...

Intergovernmental grants are the main revenue source of local governments. In the fiscal decentralization literature it has been argued that fiscal disparities across the regions are accounted for in the central-government grant distribution. However, some argue that grants are given to...

This paper examines the causal relationship between energy consumption and economic growth for Turkey during 1971–2006. We employed two multivariate models, namely demand model and production model, based on vector error correction model. Then, we tested Granger causality after finding...