The impact of sectoral competition on inflation in Turkey

Download

index.pdf

Date

2009

Author

Çörüş, Sinan

Metadata

Show full item record

Item Usage Stats

223
views

102
downloads

This thesis explores the impact of sectoral competition on inflation in Turkey. To this end, panel data analyses investigating the determinants of deviation of sectoral price inflation from the consumer price inflation, and the resulting effect of the changes in the level of sectoral competition on this deviation measure are conducted in both static and dynamic frameworks. The empirical analyses covers the 1995-2001 period and 62 manufacturing sectors classified according to International Standard of Industrial Classification (ISIC) Rev. 2 at 4-digit level. The findings of the empirical analyses are particularly important for the assessment of the theoretical foundations and empirical basis of the recent proposals favoring enhancement of competition with disinflationary motives. The static analyses suggest that sectoral concentration is insignificant in explaining deviations of sectoral inflation from consumer inflation, while dynamic analyses suggest enhancing competition may lead to higher levels of sectoral inflation. The interpretation of the results indicates that enhancing competition may not be a viable tool for disinflationary purposes in Turkey.

Subject Keywords

Economics., Demography.

URI

http://etd.lib.metu.edu.tr/upload/12611147/index.pdf
https://hdl.handle.net/11511/18902

Collections

Graduate School of Social Sciences, Thesis

Suggestions

OpenMETU
Core

The sustainability analysis of Turkish domestic debt Alkan, Feyza; Öcal, Nadir; Department of Economics (2009) In this thesis, sustainability of the Turkish domestic debt is analyzed within the “sustainability indicators” perspective. The fiscal targets of Maastricht Treaty (1992) are imposed on the Turkish fiscal policy and it is investigated whether these targets are the indicators for sustainability in the medium term. Uctum and Wickens’ (2000) methodology is followed in assessing the sustainability of the current fiscal policy and the efficiency of the Maastricht Treaty (1992) targets. Moreover, the vector auto ...
Essays on unemployment in Turkey Taşçı, H. Mehmet; Tansel, Aysıt; Department of Economics (2005) In this study we examine the Turkish labor market by using the Household Labor Force Survey data for the years 2000 and 2001. There are three main essays in this study. In the first essay, the determinants of transitions between the labor market states of employment, unemployment, and out-of-labor force are examined by using multinomial-logit models. We observe from the transitions out of employment that workers with low education and those working in the non-public sector have a higher risk of losing their...
An analysis of homeownership profile of Turkey Koşar, Gizem; Kırdar, Murat G.; Department of Economics (2009) This thesis analyzes the tenure choice behavior of Turkish household heads over the period between 1985 and 2000, using a method of logit. The probability of owning the housing unit an individual lives in, is modeled by using demographic, labor market, migrational characteristics of the household head and the provincial differences as the explanatory variables. The results show that age and education of the household heads are positively correlated with probability of homeownership and they are the most inf...
The determinants of financial development in Turkey : A principal component analysis Börü, Mesrur; Erol, Işıl; Department of Economics (2009) This thesis investigates the determinants of financial development in Turkey. Principle Component Analysis (PCA) is employed in order to examine the main determinants of financial sector development and shed light on the structure of the financial system in Turkey. The empirical studies on financial development suffer from the measurement problem. This study aims to remedy the measurement problem by providing proxies that explain different aspects of financial development more accurately than other proxies ...
The Determinants of food inflation in Turkey Erol, Erdal; Yıldırım Kasap, Dilem; Department of Economics (2017) The major aim of this study is to find out the best models which identifies the determinants of food inflation in Turkey over the period 2003(1)-2013(12). To this end, a linear ARIMAX model is constructed by adopting an exhaustive search algorithm that is designed to select the model with most appropriate food inflation correlates. The best two models out of all candidate models having the minimum AIC and BIC values are evaluated in the estimation and prediction analyses. Roughly, our empirical results reve...

Citation Formats

S. Çörüş, “The impact of sectoral competition on inflation in Turkey,” M.S. - Master of Science, Middle East Technical University, 2009.