The damage caused by the economic activities is one of the major problems of the world. On the one hand, countries try to support their own firms and motivate FDI by protectionist trade policies, and on the other hand, they try to protect environment via environmental policies. In this paper, we...

In this paper, we use a game theoretic model to analyze the trade-off between the attractiveness of FDI and the environmental damage caused by production under asymmetric information. In the first stage, the domestic developing country reveals the level of import tariff and pollution tax under...

This paper analyses the sensitivity of firm performance to exchange rate fluctuations. In a two-country world, consisting of a developing domestic country and a developed foreign country, we show that this sensitivity is closely related with market structure and the share of imported inputs in...

Este trabajo examina la sensibilidad de los precios domesticos en la industria manufacturera de Turquia a las fluctuaciones en los tipos de cambio. En nuestro modelo teorico, las empresas domesticas y foraneas producen bienes sustitutos para el mercado domestico. Se asume que algunas funciones...

One of the advantages to analyze the economic links between two countries on the basis of stock market data, rather than aggregate economic data published by national statistical offices, is that stock market data are readily available, allowing analysis in almost real time. We consider a...

This article is the first attempt in the literature to investigate the effects of public social security on aggregate consumption in a time-series setting for a developing country, Turkey that has one of the most generous social security systems in the organization for economic cooperation and...