Analysis of economic data using robust methods

Coşar, Evren Erdogan
Export plays an important role in the economic development of a country. Because of its importance in implementing trade policies, there is an extensive literature on the estimation of export functions. Most of the studies on estimating export functions utilized conventional econometric techniques with the normality assumption of innovations. However, it has been recently recognized that non-normal distributions for innovations are more common in practice. IllThe main aim of this study is to estimate the export supply model parameters when the residuals are not normally distributed and to develop robust and efficient estimators by the use of the modified likelihood methodology.


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Günel, Eda; Yozgatlıgil, Ceylan; Department of Statistics (2019)
Exports has become one of the main economic indicator for countries. Accordingly, an accurate forecasting for exports is an important step for decision making and finding the most appropriate forecasting model constitutes the main subject of many studies. By taking the popularity and success of the machine learning (ML) methods on time series forecasting tasks into consideration, they are utilized also in this study to observe their predictive performances on Turkish exports. In this respect, Long Short Ter...
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The contribution of design to an export economy is well recognised and can have a significant impact on balance of trade. Whilst many low- and middle-income countries (LMICs) have economies that are supported by the export of raw materials or primary agricultural resources, adding value to sustainable indigenous materials through innovative design-led product development remains an untapped source of wealth generation. This chapter reports on a Research Council UK (RCUK) Global Challenges Research Fund (GCR...
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Piri, Taner; Kayasü, Serap; Department of City and Regional Planning (2012)
Tourism and local economic development are closely linked. Tourism can have a constructive effect on local economy and may help balance some of the inequalities between different parts of a country. Thus, in many regions in the world, the tourism sector is accepted as one of the greatest sources of economic growth and job creation. In line with economic contribution of the sector, tourism policy has become an instrument for territorial development and for enhancing an area’s opportunities. It appears that t...
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Alp, Emre; Yetiş, Ülkü (IWA Publishing, 2010-01-01)
Hydroelectric power plants and dams often play an important role in developing countries in terms of their contribution to economy. In accordance with the energy policies of Turkish Republic, Yusufeli Dam and Hydroelectric Power Plant in Northeastern Turkey have been initiated. In this study, the Contingent Valuation Method (CVM) was conducted in Yusufeli Village to determine the environmental costs of the Yusufeli Project. The purpose is to assess the willingness to pay (WTP) of Yusufeli Village residents ...
Improvement Of Service Quality By Using Ubiquitous Computing In Hospitality
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Economies of developed countries are primarily based on the services sector, where the hospitality industry plays an important role. As such, new service design and service innovation are vital for maintaining competitive advantage. Recently, ubiquitous computing has emerged as a key enabler in various industries in support of service innovation by facilitating the design of new services. This study aims to investigate the benefits provided by ubiquitous computing in the hospitality domain for improved serv...
Citation Formats
E. E. Coşar, “Analysis of economic data using robust methods,” M.S. - Master of Science, Middle East Technical University, 2002.