Taymaz, Erol
This paper analyzes the development over the postwar period of output, employment, and the number of plants in manufacturing in the United States. It is shown that the distribution of flexible technology in the form of machine tools (NCMTs) shifted markedly toward small plants during the 1980s. It is found that the probability of adoption and the penetration rate of NCMTs are higher in large than in small plants, even though the number of NCMTs per worker is much higher in small plants. This apparent paradox is explained. It is also suggested that the shift of output towards smaller plants is correlated with the increased use of flexible technology, and that this reflects changes in the division of labor among plants of various sizes, as well as changes in the composition and organization of production in large plants.


Nonlinear models, composite longer leading indicator and forecasts for UK real GDP
Ocal, N (Informa UK Limited, 2006-05-20)
This paper examines the role of the Office for National Statistics Composite Longer Leading Indicator, in nonlinear business cycle models for growth rates of UK real gross domestic product (GDP). These models are of the smooth transition regression class, with the transition between "regimes'' expressed as functions of lagged changes in the leading indicator. In general, evidence is found of business cycle regime asymmetries, with increases and decreases in the leading indicator implying distinct responses ...
Measuring the impact of trade flows on employment in the Turkish manufacturing industry
Erlat, Güzin (Informa UK Limited, 2000-07-15)
This paper investigates the impact of export and import flows on the change in manufacturing employment using an accounting-identity based approach which enables the change in employment to be decomposed into the contribution made not only by trade but also by domestic consumption and productivity change. The analysis is carried over (i) four subperiods, two belonging to the period before 1980 when Turkey switched from a regime of import-substitution based growth to one of export-orientation, and the other ...
Are small firms really less productive?
Taymaz, Erol (Springer Science and Business Media LLC, 2005-12-01)
Small and medium- sized establishments ( SMEs) account for a large proportion of industrial employment and production in almost all countries. Moreover, the recent literature emphasizes the role SMEs play in nurturing entrepreneurship and generating new products and processes. Although SMEs could be a source of new ideas and innovations, there are substantial productivity differences between small and large establishments. In this paper, we analyze three sources of productivity differentials: technical effi...
Environmental impact of customs union agreement with EU on Turkey's trade in manufacturing industry
Akbostancı Özkazanç, Elif; Tunç, Gül İpek (Informa UK Limited, 2008-01-01)
In this study, we analyse Turkey's manufacturing industry trade by estimating sectoral import and export demand equations for 1980-2000. The study aims to understand whether the trade in the manufacturing industry complies with pollution haven hypothesis, and whether the free trade environment provided by the customs union (CU) agreement altered the trade pattern of the clean and dirty industries. Results of our econometric models have shown that while CU positively affects the import demand, it does not ha...
Financial development and energy consumption in emerging markets: Smooth structural shifts and causal linkages
Durusu-Ciftci, Dilek; Soytaş, Uğur; NAZLIOĞLU, ŞABAN (Elsevier BV, 2020-03-01)
This study examines the dynamic interrelationships among financial development, energy consumption, and economic growth in emerging markets by focusing on accounting for structural changes in causal linkages. We first employ the Toda-Yamamoto causality framework and then augment it with a Fourier approximation which captures structural shifts as a gradual/smooth process. The empirical findings show that taking into account gradual structural shifts matters for the causal linkages between financial developme...
Citation Formats
B. CARLSSON and E. Taymaz, “FLEXIBLE TECHNOLOGY AND INDUSTRIAL-STRUCTURE IN THE UNITED-STATES,” SMALL BUSINESS ECONOMICS, pp. 193–209, 1994, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/35394.