This study analyzes the determinants of arms production in 15 countries using annual panel data from 1997 to 2002. The results suggest that real GDP per capita, military expenditures, arms exports, and arms imports are positively related to arms production.

Turkish Statistics Institution (TUIK) has formed input-output tables for various years. For example, in the years 1959, 1963, 1968, 1973, 1979, 1985, 1990 and 1998, input-output tables and, in relation to them, coefficient matrices and Leontief inverse matrices were formed. Although all these...

Purpose: The present study is intended to analyze hospital efficiency according to ownership. Methodology/approach: The method used in this study is the data envelopment analysis (variable returns to scale-DEA). With this method, the efficiency levels of the active training hospitals in Turkey...

In this study, besides the efficiency levels of 600 general hospitals currently active in Turkey, their congestion and slacks have also been calculated. Moreover, welfare losses due to the existence of congestion and slacks have been determined. The present study, above all, constitutes a sample...

Purpose: This study aims to investigate the impact of aggressive monetary policy in terms of inflation on the effects of structural shocks over macroeconomic fundamentals in Turkey. For this purpose, we estimate the basic new Keynesian model by using the Bayesian method for the period of 2000Q1...