The main purpose of this paper is to test the impacts of foreign direct investments and imports on research and development intensities of European Countries and Turkey. A panel data analysis has been applied to test the relationship between foreign direct investments, imports and research and...

This study measures economic performances of the 15 transition economies for two periods: The Soviet Union period and transition period. These periods include data of countries for 1970-1989 and 1991-2005. It is known that centrally planned economies are mainly criticized for widespread economic...

No Abstract is available for this paper

(This paper is in Turkish) This study aims to analyze the resilience (sensitivity) of the NUTS-2 Regions of Turkey to the recessionary shocks in 1994 and 1999 as well as the degree of recovery of regional economies from the shocks. The main four findings are as follows: i) the sensitivity to the...

Her bölge ekonomik büyüme ve kalkinma için bir potansiyeli vardir. Bu potansiyel alanlarin basinda ise o bölgenin kültürü gelmektedir. Kültür, katma degeri yüksek ekonomik bir degere dönüstürüldügünde bölgenin gelisiminde önemli bir araca dönüsebilmektedir. Kültür...

Input-output (I-O) tables provide a snapshot of an economy, with details on i) intersectoral exchange of intermediate inputs, ii) components of final demand for sectoral outputs, and iii) components of sectoral value added and production. The tables are generally prepared by national statistics...

Using a micro-level dataset of wind turbine installations in Denmark and Germany, we estimate a structural oligopoly model with cross-border trade and heterogeneous firms. Our approach separately identifies border-related from distance-related variable costs and bounds the fixed cost of...

Abstract This paper provides evidence that unemployment rates across US states are stationary and therefore behave according to the natural rate hypothesis. We provide new insights by considering the effect of key variables on the speed of adjustment associated with unemployment shocks. A...

Changing time series properties of US inflation and economic activity, measured as marginal costs, are modeled within a set of extended Phillips Curve (PC) models. It is shown that mechanical removal or modeling of simple low frequency movements in the data may yield poor predictive results...