Issue 2

Issue Number
2
Volume Number
ISSN
1010-9935
Metadata
Turkey's Public Sector Finances and EU Perspective
Merih, Celasun (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2005-12)
In contrast to the sharpened policy preferences for sustainable public finances in the EU, Turkey’s post-1990 policy process did not feature a credible political commitment to fiscal consolidation. Turkey postponed the fun...
Notes on Trade and Industrialization Policy, in Turkey and Elsewhere
Rodrik, Dani (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2005-12)
Standard trade theory predicts that trade liberalization will result in inefficient, protected industries being swept away by the forces of global competition, with new industries more in line with the country’s comparativ...
A Household Level Examination of Regional Income Disparity in Turkey
Başlevent , Cem; Dayıoğlu Tayfur, Meltem (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2005-12)
The purpose of this paper is to examine regional income disparity in the urban areas of Turkey during the 1994 - 2003 period. Making use of micro-data, we first explore the association of various household-level characteri...
The Determinants of the Price-Cost Margins of the Manufacturing Firms in Turkey
Çulha, Ali; Yalçın, Cihan (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2005-12)
This study examines the determinants of the price-cost margins in the Turkish manufacturing industry spanning from 1995 to 2003. The literature on this subject points to the importance of market structure, business cycles ...
On energy imports and short-term prospects of the Turkish economy: A CGE analysis
Ercan, Hakan; Voyvoda, Ebru (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2005-12)
This paper develops a multi-sectoral computable general equilibrium (CGE) model of the Turkish economy, calibrated to 2003 base-year data to scan 2003-2008. The model treats the energy sector independently as in Celasun (1...
Relative Price and Technology Components of Import Liberalization in Turkey: 1973-1996
Günlük-Şenesen, Gülay; Şenesen, Ümit (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2005-12)
This paper studies the effects of Turkey’s switch from import substitution to import liberalization in 1980 on intermediate imports. The underlying input-output methodology involves two novelties: Firstly, backward import ...
Implications of unequal rates of population growth for trade: An overlapping generationsgeneral equilibrium analysis within the Heckscher-Ohlin framework
Sayan, Serdar; Jelassi, Mehdi (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2005-12)
This paper considers a two-country world where countries have unequal population growth rates, and presents closed-form solutions to a two-sector overlapping generations model to explore possible implications of differenti...
Some Salient Features of Recent Turkish FDI Experience with Special Emphasis on Export and Employment Performance
Koldaş, Tevfik; Şenses, Fikret (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2005-12)
This paper examines Turkey’s experience with foreign direct investment (FDI), with special emphasis on two relatively neglected issues: export and employment performance of FDI firms. It draws attention to the weak and vol...
Fiscal Decentralization and Socio-economic Outcomes in Turkey: An Empirical Investigation
Neyaptı, Bilin (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2005-12)
This study examines the status of fiscal decentralization and its relationship with socio-economic indicators in Turkey. As theoretical literature is ambiguous on the merits of fiscal decentralization, international eviden...
Does Time Inconsistency Problem Apply for Turkish Monetary Policy
Özlale, Ümit; Metin-Özcan, Kıvılcım (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2005-12)
We analyze the implications of the time inconsistency problem for the Turkish monetary policy in the last two decades. After deriving the restrictions that the Barro and Gordon model imposes on a time series model for infl...
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