In order to test the existence of Thirlwall’s law for Turkey during the period of 1980-2008, bounds test approach to cointegration is applied. The empirical results suggest that Thirlwall’s law holds for Turkey. This study also suggests some policy recommendations to curb the deficits in the...

This research examines dynamic causal relationships between per capita calorie intake, per capita income and food prices using time series data for Turkey during 1965-2007. ARDL cointegration analysis yields an income elasticity of calorie intake of 0.22, while the food-price elasticity is...

This study is the first attempt to empirically examine the determinants of suicides in the case of Turkey using the time-series data for the period 1974-2007. This research proposes that the suicides in Turkey are related to some economic and social factors and they exhibit a dynamic...

This short note presents the research rankings of economists and economics departments at world-wide and Turkish scale using RePEc data base as of June 2011. Brief suggestions and conclusions are provided for the Turkish researchers and economics departments so that they could increase their...

ocial Discount Rate (SDR) is a very crucial policy parameter in public project appraisals due to its resource allocation impacts. This study estimates an SDR for Turkey using the Social Time Preference Rate (STPR) approach. The elasticity of the marginal utility consumption, which is the most...

This study seeks to validity of the export-led growth hypothesis using quarterly data from 1980 to 2005. The bounds testing approach to cointegration is employed to test the causal relationship between industrial production, exports and terms of trade. An augmented form of Granger causality...

This study investigates the validity of the demand-pulling and the supply-leading hypotheses using annual data from 1968 to 2005. The bounds testing approach to cointegration is conducted to establish the existence of a long-run relationship between financial development and economic growth. An...

This paper tests the existence of Gibson paradox using the traditional and modern time series techniques in the case of annual Turkish data. Even though the results from the traditional Gibson paradox regression suggested a positive relationship between the interest rates and the prices levels...

This study empirically analyses bilateral J-curve dynamics of Turkey with her thirteen trading partners using quarterly time series data over the period 1985-2005. Previous studies on the J-curve of Turkey are based on only aggregate data and they reveal mixed results. Short and long-run impacts...

This study attempts to examine empirically dynamic causal relationships between aggregate output, energy consumption, exports, capital and labour in the case of Turkey using the time series data for the period 1968-2008. This research tests the interrelationships between the variables using the...