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    An examination of Fisher effect for selected new EU member states
    (Econjournals, 2014) Ucak, Harun; Öztürk, İlhan; Aslan, Alper
    The relationship between interest rates and inflation which is called Fisher effect has been investigated in both theoretical and empirical economics in vast literature. The contribution of this paper to the literature is to test the Fisher effect for the selected four transition economies that are also new EU member states. The empirical analysis is conducted by allowing for a structural break that takes place in year 2004. In this study, a case-wise bootstrap approach empirical method which developed by Hatemi-J and Hacker (2005) is used and the results support a tax adjusted Fisher effect in the presence of a structural break.
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    Total factor productivity and export relationship: The case for agriculture sector in four Mediterranean countries
    (2012) Ucak, Harun; Öztürk, İlhan; Sarac Taha Bahadır
    This study investigates the export and productivity growth in agriculture sector for 4 selected Mediterranean countries (France, Italy, Spain and Turkey) during 1975 2007. Despite increasing interest in the relationship between trade and productivity, very limited studies have been conducted on the causal links between exports and productivity in agricultural sector. The causal relationship between productivity and export is a debate still; there has been a more reasonable approach in other sectors such as in industry. In this study, the empirical analysis results provide support to a long term relationship between agricultural export and productivity only for Italy among the 4 countries. The results suggest that the relation between agricultural export and productivity has been ambiguous in the long term still.
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    Öğe
    TOTAL FACTOR PRODUCTIVITY AND EXPORT RELATIONSHIP: THE CASE FOR AGRICULTURE SECTOR IN FOUR MEDITERRANEAN COUNTRIES
    (Natl Acad Management, 2012) Ucak, Harun; Ozturk, Ilhan; Sarac, Taha Bahadir
    This study investigates the export and productivity growth in agriculture sector for 4 selected Mediterranean countries (France, Italy, Spain and Turkey) during 1975-2007. Despite increasing interest in the relationship between trade and productivity, very limited studies have been conducted on the causal links between exports and productivity in agricultural sector. The causal relationship between productivity and export is a debate still; there has been a more reasonable approach in other sectors such as in industry. In this study, the empirical analysis results provide support to a long-term relationship between agricultural export and productivity only for Italy among the 4 countries. The results suggest that the relation between agricultural export and productivity has been ambiguous in the long term still.