Pricing to market : an evaluation for Turkey

Download

index.pdf

Date

2007

Author

Yönder, Erkan

Metadata

Show full item record

Item Usage Stats

160
views

78
downloads

This thesis investigates pricing to market behavior in the exports of Turkey, which is a small economy. The investigated sectors are hazelnut, dried grape, dried apricot, dried fig and feldspar. The sectors are selected because Turkey is the leading producer and exporter for these products in the world. We apply pricing to market model for the exports from Turkey to each of the largest importer countries and the world in total for each product to check whether there is monopolistic behavior in the markets. We also check whether there is complete local currency price stability in the investigated markets. The relationship between the import shares of destination markets in the Turkey’s exports and the estimated pricing to market elasticities are compared as well. In general, we find that there is pricing to market in the exports of Turkey for the investigated sectors.

Subject Keywords

Pricing to Market.

URI

http://etd.lib.metu.edu.tr/upload/12608568/index.pdf
https://hdl.handle.net/11511/16883

Collections

Graduate School of Social Sciences, Thesis

Suggestions

OpenMETU
Core

Pricing and hedging a participating forward contract Ünver, İbrahim Emre; Danışoğlu, Seza; Sezer, Ali Devin; Department of Financial Mathematics (2013) We use the Garman-Kohlhagen model to compute the hedge and price of a participating forward contract on the US dollar that is written by a Turkish Bank. The algorithm is computed using actual market data and a weekly updated hedge is computed. We note that despite a weekly update and many assumptions made on the volatility and the interest rates the model gives a very reasonable hedge.
Changing labour market positions and workplace interactions of irregular moldovan migrants: the case of textile/clothing sector in İstanbul, Turkey Dağdelen, Görkem; Rittersberger Tılıç, Helga İda; Department of Sociology (2008) The new international division of labour has transformed the economic structure of Turkey from an import-substituted to an export-oriented economy. Starting from the early 90s, many Moldovan migrants began to come to Turkey in order to work temporarily in the informal economy. They worked in clothing and shoe ateliers until the beginning of this century. Nowadays many Moldovan migrants work in clothing shops as Russian-speaking sales assistants and in the cargo firms as carriers. Based on this historical co...
Poverty and Turkish labor markets Erdil, Erkan (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2007-12-1) This study aims to determine the relations between poverty and the dynamics of Turkish labor market. In this context, two secondary aims are also targeted. First is to demonstrate the situation of the poor in Turkey with international comparisons by employing various socio-economic measures. Second, is to clarify the poverty problem in Turkey in the framework of Turkish labor markets and to offer some policy recommendations directed towards Turkish labor markets. The study finds out endogenous relations bet...
The impact of crude oil prices on financial market indicators: copula approach Kayalar, Derya Ezgi; KÜÇÜKÖZMEN, CUMHUR ÇOŞKUN; Kestel, Sevtap Ayşe (2017-01-01) Oil price changes have varying impacts on the financial indicators of global markets and economies. This study aims to explore the dependence structure between crude oil prices and stock market indices, as well as the exchange rates in a number of economies categorized with respect to their status as developing/emerging markets, and oil importer/exporter countries. Dependence structures in this study are evaluated in considerable depth using copula models. The broad time period covered allows the investigat...
Liquidity and Asset Pricing under the Presence of Market Frictions; with an Analysis Özcan, Burcu; Gaygısız Lajunen, Esma; Department of Financial Mathematics (2022-9-05) This paper provides a literature review on the models explaining the relationship between liquidity and asset prices with an emphesis on the Vayanos and Wang’s model (2012) which is one of the most significant contributions to this literature.

Citation Formats

E. Yönder, “Pricing to market : an evaluation for Turkey,” M.S. - Master of Science, Middle East Technical University, 2007.