Bu çalışmanın amacı, İstanbul Menkul Kıymetler Borsası 100 endeksini ele alarak Türk hisse senedi piyasasının zayıf formda etkin olup olmadığını sınamaktır. Zayıf formda etkin piyasalar hipotezinin geçerli olması için, rassal yürüyüş modelinin şartlarının yerine...

Turkiye ekonomisi icin kilit sektorleri bulmak amaciyla girdi-cikti analizinin kullanildigi bu calismada, Bulmer-Thomas in onermis oldugu baglanti etkileri kullanilmistir. Elde edilen sonuclara gore; Tarim, Ticaret, Ulasim-Haberlesme ve Kisisel Hizmet sektorleri Turkiye ekonomisi icin kilit...

This study investigates the effect of per capita income on per capita health expenditures in Turkey over the period 1975–2007 by using ARDL bounds test approach to the cointegration considering both demand and supply side variables. Since we reject the null hypothesis that there is no...

The subject of this paper is the examination the convergence of per capita carbon dioxide emissions of the G7 countries during the 1960–2005 period in a nonlinear panel analysis framework. In this approach, first the linearity of the series was tested, and when the linearity was rejected, the...

In this study, we employ a recently introduced unit root test with a Fourier function that is capable of capturing the unknown nature of structural breaks, to reexamine the stationarity properties of energy consumption per capita of 109 countries over the period 1960–2011. The results of the...

This study considers the issue of income convergence among the MENA (Middle East and North African) countries by using real per capita incomes over the period 1950–2006. We employed (Kapetanios et al. 2003) [21] unit root test by incorporating an additive constant and a trend component as...

In this study, we test the linearity of G7 macroeconomic time series over the period 1959Q1-1999Q4. The stationarity properties of this dataset was before tested by Aksoy and Ledesma (2008) employing unit root tests which are based on linear and nonlinear models. Aksoy and Ledesma (2008)...

The main aim of this study is to analyze stochastic convergence dynamics for selected East Asian and Pacific countries over the period 1960–2010, using a recently introduced unit root test with a Fourier function capable of capturing unknown form for structural breaks. Our test results show...

In this study, we analyze what kind of effect public investment has on private sector investment by employing unit root and cointegration tests, which allow a structural break between 1970-2009. The results, we obtained, show that the public investment has crowding in effect on private sector...

This study investigates the stationarity and linearity properties of unemployment rates in 17 OECD countries. We use a new unit root test developed by Kapetanios, Shin and Snell (2003) (KSS) which tests the joint null hypothesis of linearity and a unit root against a nonlinear stationary...