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METU International Conference in Economics IV

METU International Conference in Economics IV

Middle East Technical University 
Conference and Convention Hall 
13-16 September 2000


PROGRAM


September 13 / 13 Eylül

NOTE: To see the abstracts, please click on the paper title on this page. If full paper is available, it can be seen by clicking on the note image

OPENING LECTURE

Sept 13 / 13 Eylül, 9:15-10:00 Room 1 / Salon 1

Is Turkey Winning the Fight Against Inflation?
Dani Rodrik (Harvard University, USA)

Convenor: Oktar Türel (METU)


KEYNOTE ADDRESSES / ERC LECTURE

Sept 13 / 13 Eylül, 10:30-11:15 Room 1 / Salon 1

The Boom and the Bubble: The US Economy Today
Robert Brenner (University of California, Los Angeles, USA)

Convenor: E. Ahmet Tonak (Simon’s Rock College of Bard, USA)


KEYNOTE ADDRESSES / ISE LECTURE

Sept 13 / 13 Eylül, 11:30-12:15 Room 1 / Salon 1

Excess Volatility Puzzles
Costas Azariadis (University of California, Los Angeles, USA)

Convenor: Murad Kayacan (Istanbul Stock Exchange, Director, Training and Publications Department)


A1 INVITED LECTURES IN POLITICAL ECONOMY

Sept 13 / 13 Eylül, 13:30-14:15 Room 1 / Salon 1

The New Phase of Capitalism: Neoliberal Order or Disorders
Gerard Dumenil (Universite Paris X, France)

Sept 13 / 13 Eylül, 14:30-15:15 Room 1 / Salon 1

The Rise and Fall of the U.S. Welfare State
Ahmet E. Tonak (Simon's Rock College of Bard, USA)
Anwar Shaikh (New School University, USA)

Convenor: Erdal Yavuz (METU)


A2 INVITED LECTURE IN PUBLIC AND BUSINESS ADMINISTRATION

Sept 13 / 13 Eylül, 13:30-14:30 Room 2 / Salon 2

Robert T. Golembiewski (University of Georgia, USA)
Title: TBA

Convenor: Semra Feriha Aşçıgil (METU)


A3 INVITED LECTURES IN ECONOMETRICS

Sept 13 / 13 Eylül, 13:30-14:15 Room 3 / Salon 3

Business Cycle Asymmetries: Characterisation and
Testing Based on Markov-Switching Autoregressions

Mike Clements (University of Warwick, UK)
Hans-Martin Krolzig (University of Oxford, UK)
 

Sept 13 / 13 Eylül, 14:30-15:15 Room 3 / Salon 3

Controlling the Significance Levels of Prediction Error Tests for Linear Regression Models
Chris D. Orme (University of Manchester, UK)
Leslie G. Godfrey (University of York, UK)

Convenor: Timo Terasvirta (Stockholm School of Economics, Sweden)

A4 Advances In Economic Theory I

Sept 13 / 13 Eylül, 13:30-15:30 Room 4 / Salon 4

Convenor: Esma Gaygısız (METU)

Recursive Core of a Coalitional OLG Game with Externalities
Milan Horniacek (Slovak University of Technology, Slovak Republic)

Natural Resources and Endogenous Rent:
Rent-seeking Can Divert All Human Resources into Lobbying
Farhad Nili (University of York, UK)
Gabriel Talmain (University of York, UK)

Strategic Bundling in a Duopoly
Benan Zeki Orbay (Istanbul Technical University)
Hakan Orbay (Sabancı University)

Agent-based Simulation of Economics
Jaroslav Zajac (Slovak Technical University of Technology, Slovakia)


A5 Agricultural Economics and Policy

Sept 13 / 13 Eylül, 13:30-15:30 Room 5 / Salon 5

Convenor: Haluk Kasnakoğlu (METU)

Technological Capacity in the Agro-food and Electro-mechanical Sectors in Turkey
Ayşe Gözen (Yıldız Technical University)

Output Supply and Input Demand in Turkish Agriculture: The Normalized Quadratic and
the Translog Representation of the Profit Function
Ali Koç (AERI)
Ahmet Bayaner (AERI)
İlkay Dellal (AERI)

Tarım Politikalarının Refah Etkilerini Ölçmede Kullanılan Yeni bir Yöntem:
Politika Analiz Matrisi (PAM)
Aysel Ö. Akbay (Çukurova Üniversitesi)

Sütçülük Sektöründe Teşvik Primi Uygulamasının Politik Analizi
Sibel Tan (Tarımsal Ekonomi Araştırma Enstitüsü)
Fahri Yavuz (Tarımsal Ekonomi Araştırma Enstitüsü)


A6 Monetary Policy and Disinflation

Sept 13 / 13 Eylül, 13:30-15:30 Room 6 / Salon 6

Convenor: Fatih Özatay (Ankara University)

Inflation Targeting in Developing Countries
Ferya Kadıoğlu (CBRT)
Nilüfer Özdemir (CBRT)
Gökhan Yılmaz (CBRT)

Sustainable Disinflation Program in Turkey
Sabit Khakimzhanov (Bilkent University)
Erinç Yeldan (Bilkent University)

Pragmatic Response to Devaluation
Hosein Piranfar (Schiller International University, UK)
M. R. Safarzadeh (California State Polytechnic University, USA)

From Crawling Peg to Inflation Targeting
Elif Sisli (Asian Development Bank Institute, Japan)


A7 Topics in Labour Economics

Sept 13 / 13 Eylül, 13:30-15:30 Room 7 / Salon 7

Convenor: İnsan Tunalı (Koç University)

Do We Need a New Point System in Professional Football Leagues?
Ferda Halıcıoğlu (The University of Greenwich, UK)

A Wage Determination Model: Theory and Evidence
Ramazan Sarı (Abant İzzet Baysal University)

Directions of Commodity and Factor Flows in the Presence of Age Composition Differences Across Countries: An Overlapping Generations General Equilibrium Analysis
Serdar Sayan (Bilkent University)
Ali Emre Uyar (Bilkent University)

How to Finance Unemployment Benefits in an Economy with
Search Generated Equilibrium Unemployment
Pia Weiss (Institute for Economic Policy, Germany)


A8 Financial Behaviour and Corporate Structure

Sept 13 / 13 Eylül, 13:30-15:30 Room 8 / Salon 8

Convenor: Güven Sak (Ankara University)

Accounting and Economic Profit Measurements of Entities: Uses and Misuses
Noyan Arsan (State University of West Georgia, USA and Koç Üniversity)
Oral Erdoğan (ISE)

Exchange Rate Exposure and Firm Size: Is there any Relationship?
Sadık Çukur (Abant İzzet Baysal University)

Determinants of Individual Investors' Risk Behavior in the Stock Purchasing Process
Suer Omur (Université Paris 1/ Sorbonne, France and Galatasaray University)

Corporate Governance and Dividend Pay-Out Policy in Germany
B. Burçin Yurtoğlu (University of Vienna, Austria)
Klaus Gugler (University of Vienna, Austria)


A9 Exchange Rate Dynamics

Sept 13 / 13 Eylül, 13:30-15:30 Room 9 / Salon 9

Convenor: Güzin Erlat (METU)

Long-run and Short-run Determinants of the Real Exchange Rate:
Estimations by two Cointegration Techniques
Fuat Erdal (Adnan Menderes University)
David J. Fielding (University of Leicester, UK)
Chris R. Milner (University of Nottingham, UK)

Managed Floating of the Exchange Rate in India
Renu Kohli (ICRIER, India)

Can We Really Model Exchange Rate Dynamics?
Ramzi Nekhili (Bilkent University)
Aslıhan Altay Salih (Bilkent University)
Selçuk Caner (Bilkent University)

The Impact of Monetary Policy Shocks on Exchange Rate
Eman Selim (El Azher University, Egypt)


B1 INVITED LECTURES IN POLITICAL ECONOMY

Sept 13 / 13 Eylül, 16:00-16:45 Room 1 / Salon 1

Globalisation in Light of the Political Economy of Finance and the Political Economy of the Welfare State
Ben Fine (SOAS, University of London, UK)
 

Sept 13 / 13 Eylül, 17:00-17:45 Room 1 / Salon 1

Globalisation and the State: Do We Need a New Paradigm?
Galip Yalman (METU)

Convenor: Korkut Boratav (Ankara University)


B4 Advances In Economic Theory II

Sept 13 / 13 Eylül, 16:00-18:00 Room 4 / Salon 4

Convenor: Milan Horniacek (Slovak University of Technology, Slovak Republic)

Endogenous Determinants of Mark-ups
Esma Gaygısız (METU)

Measuring the Welfare Effects of Trade Reform: Partial versus General Equilibrium
Kıvanç A. Kırgız (Duke University, USA)

Attitude Choice, Economic Change, and Welfare
Yew-Kwang Ng (Monash University, Australia)
Jianguo Wang (National University of Singapore, Singapore)

Trade Flows and Spatial Effects: The Gravity Model Revisited
Anca Porojan (University of Bradford, UK)


B5 Open Economy Dynamics and Growth

Sept 13 / 13 Eylül, 16:00-18:00 Room 5 / Salon 5

Convenor: Erinç Yeldan (Bilkent University)

The Role of Lender Behavior in International Project Finance
Sumru Altuğ (University of Durham and CEPR, UK)
Sule Özler (University of California, Los Angeles, USA)
Murat Usman (Koç University)

Another Contribution to the Empirics of Economic Growth
Ben S. Bernanke (Princeton University and NBER, USA)
Refet Gürkaynak (Princeton University, USA)

An Intra-Distribution Dynamics Approach to Convergence in the Asia Pacific Basin:
The Influence of Inward FDI and Neighbourhood Spillover
Chet Sun Chen (University of Birmingham, UK)

Erratic Growth in Turkey: Fiscal, Financial, Inflation and Real Factors
Ercan Uygur (Ankara University)


B6 Deficits and Macroeconomic Adjustment Mechanisms

Sept 13 / 13 Eylül, 16:00-18:00 Room 6 / Salon 6

Convenor: C.Emre Alper (Boğaziçi University)

Empirical Analysis of the Causal Relationship between General Government Spending and Revenue
Costas Milas (University of Sheffield, UK)
Gabriella Legrenzi (University of Milan, Italy)

Public Price Controls, Deficit Financing, and Electoral Cycles
Fatih Özatay (Ankara University)

Twin Deficit Hypothesis: The Turkish Case
Elif Akbostancı Özkazanç (METU)
Gül İpek Tunç (METU)

Are Fiscal Deficits Inflationary? Evidence for the EU
Carlos Vieira (Loughborough University, UK)


B7 The Economics of Social Security

Sept 13 / 13 Eylül, 16:00-18:00 Room 7 / Salon 7

Convenor: Serdar Sayan (Bilkent University)

Actuarial Modelling of the Turkish Unemployment Insurance System
Mustafa Akmaz (Treasury)

A General Equilibrium Model of Social Security and On-the-Job-Training
Carmen Dolores Alvarez Albelo (Centre de Recerca en Economia del Benestar -CREB, Spain)

The Intragenerational Redistributive Impact of the Social Insurance Institute’s (SSK) Pension Scheme
Ayfer Karayel (Galatasaray University)


B8 Econometric Analyses of Financial Markets

Sept 13 / 13 Eylül, 16:00-18:00 Room 8 / Salon 8

Convenor: Murad Kayacan (Istanbul Stock Exchange)

P/E and Price-to-Book Ratios as Predictors of Stock Returns in Emerging Equity Markets
Kürşat Aydoğan (Bilkent University)
Güner Gürsoy (Bilkent Üniversity)

A General Framework for Forecasting the Futures Market Prices: Non-Parametric Regression Analysis
Morteza Haghiri (University of Saskatchewan, Canada)

Bivariate GARCH Estimation of Time-Varying Optimal Hedge Ratios on
Japan's Precious Metals Futures Markets
Nakatani Tomoaki (Obihiro University of Agriculture & Veterinary Medicine, Japan)
Sasaki Jun(Japan Society for the Promotion of Science, Japan)

Semiparametric Estimation of Competing Risks and Order Flow Dynamics in
FOREX Electronic Brokerage
Konstantin Tyurin (Yale University, USA)


B9 Defence Economics

Sept 13 / 13 Eylül, 16:00-18:00 Room 9 / Salon 9

Convenor: Selami Sezgin (Afyon Kocatepe University)

The Rate of Change in the Military Equilibrium between Arms Racing States
Christos Kollias (TEI of Larissa, Greece)
Kleanthis Sirakoulis (TEI of Larissa, Greece)

The Demand for Turkish Defence Expenditure
Selami Sezgin (Afyon Kocatepe University)
Jülide Yıldırım (Afyon Kocatepe University)

Defence Spending and Welfare Spending in Turkey (1924-1998)
Selami Sezgin (Afyon Kocatepe University)
Jülide Yıldırım (Afyon Kocatepe University)

Budgetary Trade-offs of Defence Expenditures in Turkey
Gülay Günlük Senesen (Istanbul University)


September 14 / 14 Eylül

 

C1 INVITED LECTURES IN POLITICAL ECONOMY

Sept 14 / 14 Eylül, 9:00-9:45 Room 1 / Salon 1

Economic Imperialism as Kuhnian Revolution?
Ben Fine (SOAS, University of London, UK)
 

Sept 14 / 14 Eylül, 10:00-10:45 Room 1 / Salon 1

Money and the Analysis of Capitalism: The Significance of Commodity Money
Costas Lapavitsas (SOAS, University of London, UK)

Convenor: Cem Somel (METU)


C2 INVITED LECTURE IN MONETARY ECONOMICS

Sept 14 / 14 Eylül, 10:00-10:45 Room 2/ Salon 2

Inflation Targeting in Emerging Market Economies: Lessons from Israel's Experience
Akiva Offenbacher (Bank of Israel, Israel)

Convenor: Süreyya Serdengeçti (Vice Governor, The Central Bank of the Republic of Turkey)


C3 Econometric Theory

Sept 14 / 14 Eylül, 9:00-11:00 Room 3 / Salon 3

Convenor: Mike Clements (University of Warwick, UK)

Bootstrap Based Unit Root Tests Under Structural Change
Mehmet Balcılar (Çukurova University)

Periodogram Based Co-Integration Analysis
David A. Dickey (North Carolina State University, USA)
Yilmaz Akdi (Ankara University)

Optimal Asymmetric Kernels
Steve Lawford (University of York, UK)
Karim Abadir (University of York, UK)

A Nonparametric Hypothesis Test via the Bootstrap Resampling
Tuğrul Temel (Free University, The Netherlands)


C4 Growth and Technology Adoption

Sept 14 / 14 Eylül, 9:00-11:00 Room 4 / Salon 4

Convenor: Ümit Senesen (Istanbul Technical University)

Inflation and the Adoption of New Technologies
Michal Brzozowski (University of Warsaw, Poland)

Technology Transfer in Asia, the Case of Supporting Industries in Thailand
Akira Kuroda (Teikyo University of Technology and Science, Japan)

Adoption Costs, Age of Capital and Technological Substitution
Blanca Martinez (Universite Catholique de Louvain, Belgium)

What Makes a Phase-Change in Capital Accumulation?
Theoretical Considerations and Empirical Evidence
Lefteris Tsoulfidis (University of Macedonia, Greece)


C5 Intra-Industry Trade: The Turkish Case

Sept 14 / 14 Eylül, 9:00-11:00 Room 5 / Salon 5

Convenor: Ercan Uygur (Ankara University)

Sectoral Pattern of Intra-Industry Trade Expansion in Turkey over Time
Hayriye Atik (Erciyes University)

Intra Industry Trade Patterns of Turkey: A Panel Study
Elif Çepni (Gazi University)
Nezir Köse (Gazi University)

Can We Learn more about Turkey's Foreign Trade by Measuring Marginal Intra-Industry Trade?
Güzin Erlat (METU)
Emel Memis (METU)

The Determinants of Intra-Industry Trade Pattern of Turkey
Feride Doğaner Gönel (Yıldız Technical University)


C6 Banking Systems

Sept 14 / 14 Eylül, 9:00-11:00 Room 6 / Salon 6

Convenor: Özge Senay (METU)

Inefficiency of Labor Use: The Case of Turkish Banking Industry
Murat Çokgezen (Marmara University)
Mehmet Balcılar (Çukurova University)

Measuring the Quality of Bank Regulation and Supervision and Its Macroeconomic Effects
Nergiz Dinçer (Bilkent University)
Bilin Neyaptı (Bilkent University)

Financial Crisis and Cost-Efficiency of Banking Systems in OECD's Countries:
What Can Be Learned from Data Envelopment Analysis
Said Gattoufi (Bilkent University)

Scale Economies, Scope Economies, and Looking Beyond the Test of Market-Power and
Efficient-Structure Hypotheses – Empirical Evidences on Taiwnese Banking Market
Peiyi Yu (University of Birmingham, UK)


C7 Topics in Labour Economics

Sept 14 / 14 Eylül, 9:00-11:00 Room 7 / Salon 7

Convenor: Hakan Orbay (Sabancı University)

An Analysis of the Full-Time vs. Part-Time Work Decision of Turkish Women
Cem Baslevent (Bilgi University)

The Mobility of French Youth "in" and "out" of the Labour Market
Anna Cristina D'Addio (IRES, CORE, Universite Catholique de Louvain, Belgium)
Michael Rosholm (The Aarhus School of Business, Denmark)

FDI and Technological Progress from a Labour Demand Function. Analysis of the Spanish Case
Maria Angeles Tobarra Gomez (University of Exeter, UK)

Estimation of Female Labor Supply Parameters When Self-Employment Is an Option
İnsan Tunalı (Koç University)
Cem Baslevent (Bilgi University)


C9 Competition and Economic Performance

Sept 14 / 14 Eylül, 9:00-11:00 Room 9 / Salon 9

Convenor: Mahir Fisunoğlu (Çukurova University)

The Foundations of Global Competitiveness of the Nation: A Presentation in Terms of Factor and Result
Alain Narcisse Nurbel (CERESUR, France)

The Determinants of the Performance of Manufacturing Exports in
Greece, Spain, Portugal and Turkey: A Comparative Study
Tsaliki Persefoni (CITY-Liberal Studies, Greece)
George Michalopoulos (CITY-Liberal Studies, Greece)

Sources of Export Competitiveness in Turkish Manufacturing Sectors
Ester Biton Ruben (Yıldız Technical University)
Serdar Sayan (Bilkent University)

A Power-Based Measurement Approach to Specify Macroeconomic Competitiveness of Countries
Burç Ulengin (Istanbul Technical University)
Füsun Ulengin (Istanbul Technical University)


KEYNOTE ADDRESS / CBRT LECTURE

Sept 14 / 14 Eylül, 11:30-12:15 Room 2 / Salon 2

The Threat to Monetary Policy from the Electronic Revolution in Banking
Benjamin M. Friedman (Harvard University, USA)

Convenor: Gazi Erçel (Governor, The Central Bank of the Republic of Turkey)


KEYNOTE ADDRESS / CBRT LECTURE

Sept 14 / 14 Eylül, 13:30-14:15 Room 2 / Salon 2

Purchasing Power Parity and Exchange Rates
Mark Taylor (Warwick University and CEPR, UK)

Convenor: Gazi Erçel (Governor, The Central Bank of the Republic of Turkey)


D1 DAVETLİ KONFERANS: ETİK VE İKTİSAT

Sept 14 / 14 Eylül, 14:30-15:15 Room 1 / Salon 1

Özgürlük Etiği Karşısında İktisat Kuramı: Amartya Sen'in Etik İktisat Önerisi
Ahmet İnsel (Paris-1 Panthéon-Sorbonne ve Galatasaray Üniversiteleri)

Convenor: Erdal Yavuz (METU)


D2 INVITED LECTURES IN MONETARY ECONOMICS

Sept 14 / 14 Eylül, 14:30-15:15 Room 2 / Salon 2

Ghostbusting: The UK Experience of Inflation Targetting
Andrew Haldane (Bank of England, UK)
 

Sept 14 / 14 Eylül, 15:30-16:15 Room 2 / Salon 2

Making the Transition to Inflation Targeting: Substituting Tranparency for Constraint
Adam S. Posen (Institute for International Economics, USA)

Convenor: Şükrü Binay (Vice Governor, The Central Bank of the Republic of Turkey)


D3 Empirics of Business Cycles

Sept 14 / 14 Eylül, 14:30-16:00 Room 3 / Salon 3

Convenor: Nadir Öcal (METU)

Stylized Facts of Real Business Cycles in Mexico and Turkey
C. Emre Alper (Boğaziçi University)

Non-linearities over the Business Cycles: Evidence from Latin America
Pablo Mejía-Reyes (The University of Manchester, UK)

A Markov-Switching Model of Business Cycles: Canadian Perspective
Serkan Özbeklik (University of Guelph, Canada)


D4 Money, Finance and Institutions

Sept 14 / 14 Eylül, 14:30-16:00 Room 4 / Salon 4

Convenor: Nazım Ekinci (METU)

Demand for Money and Risk
Jose Martins Barata (Technical University of Lisbon, Portugal)
Paulo Eurico Variz (Technical University of Lisbon, Portugal)

The Profit Rate-Interest Rate Relation for the Study of Financial Crises
Mark Lautzenheiser (University of Utah, USA)
Yavuz Yasar (University of Utah, USA)

FDI: The Toggle with Trade and Finance
Hosein Piranfar (Schiller International University, UK)
Ali Shamsavari (Kingston University, UK)


D6 Economics of European Integration

Sept 14 / 14 Eylül, 14:30-16:00 Room 5 / Salon 5

Convenor: Aylin Ege (METU)

The Welfare and Trade Effects of Turkeys' Customs Union Agreement on Turkish Economy:
A CGE analysis with Imperfect Competition and Economies of Scale
Ethem Karakaya (Adnan Menderes University)

Turkey´s Trade with the EU in the 1990´s: Structural Adjustment Hypothesis and Specialization
Astrid Marina Lohrmann (University of Wuppertal, Germany)

Economic Cooperation and Integration of Countries in Southern Europe
Slavika Roceska (Faculty of Economics - Prilep, Macedonia)
Dimko Kokaroski (Faculty of Economics - Prilep, Macedonia)


D7 Technical Efficiency and Productivity

Sept 14 / 14 Eylül, 14:30-16:00 Room 7 / Salon 7

Convenor: Erol Çakmak (METU)

Technical Efficiency of Industrial Robot Use: An Analysis on the OECD Manufacturing Industry
Jo-Hui Chen (Chung Yuan Christian University, Taiwan R.O.C)

Estimating Technical Efficiencies from Panel Data: A Semi-Parametric Frontier Approach
Morteza Haghiri (University of Saskatchewan, Canada)

Persistence of Firm Level Profitability in Turkey
B. Burçin Yurtoğlu (University of Vienna, Austria)


D8 Economic Dynamics and Public Finance

Sept 14 / 14 Eylül, 14:30-16:00 Room 8 / Salon 8

Convenor: Hakan Ercan (Boğaziçi University)

Intertemporal Change of the Sectoral Structure in Turkey
Nikolaos Adamou (Aristotelian University of Thessaloniki, Greece)

State and Local Expenditure in the Growth of the Italian Public Sector
Gabriella Legrenzi (University of Milan, Italy)

Political Business Cycles, Institutional Structure and Budget Deficits in Turkey
Aysıt Tansel (METU)
İbrahim Tutar (PricewaterhouseCoopers, Turkey)


D9 Topics in "New Economy"

Sept 14 / 14 Eylül, 14:30-16:00 Room 9 / Salon 9

Convenor: Erkan Erdil (METU)

The Myths about the New E-Economy
Erman Erkan (Başarı Elektronik)

Electronic Money, Its Implications for Central Banks and Monetary Policy, and the Case in Turkey
Mehmet Günal (CBRT)

Macroeconomic Implications of Virtual Shopping: A Theoretical Approach
İ. Hakan Yetkiner (University of Groningen, The Netherlands)
Csilla Horváth (University of Groningen, The Netherlands)


E1 DAVETLİ OTURUM: TÜRKİYE’DE TARIM POLİTİKALARI

Sept 14 / 14 Eylül, 16:30-18:00 Room 1 / Salon 1

Konuşmacılar:
Halis Akder (ODTÜ)
Erol Çakmak (ODTÜ)
Haluk Kasnakoğlu (ODTÜ)

Başkan: Oğuz Oyan (Gazi Üniversitesi)


E3 Topics in Econometric Theory

Sept 14 / 14 Eylül, 16:30-18:00 Room 3 / Salon 3

Convenor: Yılmaz Akdi (Ankara University)

The Effect of Deterministic Trend on Model Selection Criteria in the Nonstationary VAR Process
Nezir Köse (Gazi University)
Nuri Uçar (Bilkent University)

Comparison of Several Heteroskedasticity-Consistent Covariance Matrix Estimators
Mehmet Orhan (Fatih University)
Asad Zaman (Lahore University of Management Science, Pakistan)

Asymtotic Normality of the Maximum Likelihood Estimators of a Multivariate Random Walk with Drift Model Having GARCH(1,1) Errors
Ruhi Tuncer (Galatasaray University)


E4 Financial Crises and International Capital Mobility

Sept 14 / 14 Eylül, 16:30-18:00 Room 4 / Salon 4

Convenor: Bilin Neyaptı (Bilkent University)

Intertemporal Model of Competitiveness, Stock Market, and Intertemporal Dynamics: Policy Simulation
Şaziye Gazioğlu (University of Aberdeen, UK)

Exchange Rate Regimes, Capital Flows, and Twin Crises
Refet Gürkaynak (Princeton University, USA)

The Self-Fulfilling Temporariness of Exchange Rate Based Stabilizations
Bettina Krois (Humboldt-University at Berlin, Germany)


E5 Yeni Teknolojiler veTeknoloji Bölgeleri

Sept 14 / 14 Eylül, 16:30-18:00 Room 5 / Salon 5

Convenor: Özlem Er (İTÜ)

Kuramlar ve Dünya Tecrübesi Bağlamında Türkiye'nin Yüksek Teknoloji Bölgecikleri
Burak Beyhan (ODTÜ)

Küçük ve Orta Büyüklükteki İşletmelerde Elektronik Ticaret Gelişimi: İzmir Örneği
E. Yaprak Gülcan (Dokuz Eylül Üniversitesi)

Teknolojik Değişmenin Sosyo-ekonomik Boyutu
A. Aysen Kaya (Ege Üniversitesi)


E6 Politik İktisat ve İktisat Politikaları

Sept 14 / 14 Eylül, 16:30-18:00 Room 6 / Salon 6

Convenor: A. Suut Doğruel (Marmara Üniversitesi)

Yirmibirinci Yüzyılda Küreselleşme, Gelisme ve Yoksulluk
Tahsin Bakırtaş (Sakarya Üniversitesi)
Sohbet Karbuz (OECD)

Post Sosyalist Ülkelerde Geçiş Sorunları: Başarı ve Başarısızlıklar
Ercan Eren (Yıldız Teknik Üniversitesi)
Melike Bildirici (Yıldız Teknik Üniversitesi)

Bütçe Harcamaları İçinde Sosyal Harcamaların Gelişimi: Türkiye Örneğinde Harcama Analizi[1975–2000]
Sezai Temelli (İstanbul Üniversitesi)

Gelişmekte Olan Ülkelerde Özelleştirme Uygulamaları ve Sonuçları
Emel Yurt (Yıldız Teknik Üniversitesi)
Müge Akad (Yıldız Teknik Üniversitesi)
Senem Çakmak (Yıldız Teknik Üniversitesi)


E7 Unemployment and Wage Formation

Sept 14 / 14 Eylül, 16:30-18:00 Room 7 / Salon 7

Convenor: Selin Sayek (Bentley College, USA)

Wage Formation and Recurrent Unemployment
Ragui Assaad (University of Minnesota, USA)
İnsan Tunalı (Koç University)

Who Are Moonlighters in the Spanish Labour Market
Dolores García Crespo (University of Málaga, Spain)
Oscar D. Marcenaro Gutiérrez (University of Málaga, Spain)
Mª Lucía Navarro Gómez (University of Málaga, Spain)

Adjustment, Stabilisation and the Analysis of the Employment Stucture in Turkey: An Input-Output Approach
Öner Günçavdı (Istanbul Technical University)
Suat Küçükçiftçi (Istanbul Technical University)
Andrew McKay (University of Nottingham, UK)


E8 Non-linear Dynamics and Volatility in Finance

Sept 14 / 14 Eylül, 16:30-18:00 Room 8 / Salon 8

Convenor: Konstantin Tyurin (Yale University, USA)

Modeling and Forecasting the Term Structure of Stock Market Volatility: Evidence from Turkey
Ercan Balaban (Deniz Yatırım A.Ş.)

Testing for Nonlinear Dependencies and Chaos in the Turkish Daily Gold Returns
Burak Saltoğlu (Marmara University)
Murat Çinko (Marmara University)

Analyzing the Intraday Volatility of ISE Returns
Burak Saltoğlu (Marmara University)
Serhat Zafer Tatlı (Marmara University)


E9 Competition, Entrepreneurship and Performance

Sept 14 / 14 Eylül, 16:30-18:00 Room 9 / Salon 9

Convenor: Baha Karabudak (Competition Authority, Turkey)

Privatization and Regulation in Turkish Telecommunications
Bülent Aybar (New Hampshire College, USA)
Esat Serhat Güney (Massachusetts Department of Telecommunications and Energy)
Hasan Suel (Privatization Administration, Turkey)

The Influence of External Environment on Corporate Culture of Firms:
An Application in Clothing Industry in İzmir
Nazan Günay (Ege University)
Jülide Kesken (Ege University)

The Role of Practical Knowledge in Entrepreneurial Discovery Procedures
Fuat Oğuz (Zonguldak Karaelmas University)

The Effects of Mergers on the Economies of Firms and Nations
Mustafa Tanyeri (Dokuz Eylül University)
Figen Akça Yesilada (Dokuz Eylül University)

September 15 / 15 Eylül


F1 INVITED LECTURE IN INNOVATION AND GROWTH

Sept 15 / 15 Eylül, 9:00-9:45 Room 1 / Salon 1

Europe at the Crossroads: The Challenge from Innovation-based Growth
Jan Fagerberg (University of Oslo, Norway)

Convenor: Namık Kemal Pak (Chairman,The Scientific and Technical Research Council of Turkey,TÜBİTAK)


F1 INVITED LECTURE IN ECONOMICS OF KNOWLEDGE

Sept 15 / 15 Eylül, 10:00-10:45 Room 1 / Salon 1

The Role of Knowledge in Economic Growth
Gunnar Eliasson (Royal Institute of Technology, Sweden)

Convenor: Dilek Çetindamar (Sabancı University)


F2 INVITED LECTURE IN FINANCE

Sept 15 / 15 Eylül, 10:00-10:45 Room 2 / Salon 2

A Portfolio Approach to Investment and Annuaitization During Retirement
J. Michael Orszag (London University, Birkbeck College, UK)
Sandeep Kapur (London University, Birkbeck College, UK)

Convenor: Murad Kayacan (Istanbul Stock Exchange)


F3 Topics in Time Series Econometrics

Sept 15 / 15 Eylül, 9:00-11:00 Room 3 / Salon 3

Convenor: Chris Orme (University of Manchester, UK)

Long Memory in Turkish Inflation Rates
Haluk Erlat (METU)

Small Sample Estimation Bias in ARCH Models
Emma M. Iglesias (University of Exeter, UK)
Garry D. A. Phillips (Cardiff University, UK)

Asymptotic Distributions of Seasonal Unit Root Tests: A Unifying Approach
Paulo M.M. Rodrigues (University of Algarve, Portugal)
Denise R. Osborn (University of Manchester, UK)

A Study on the Finite Sample Bias of an Unstable VAR with a Drift
Michalis P. Stamatogiannis (University of York, UK)


F4 Growth, Human Capital and Natural Resources

Sept 15 / 15 Eylül, 9:00-11:00 Room 4 / Salon 4

Convenor: Gülay Günlük Şenesen (Istanbul University)

On Scale Effects, Market Power and Growth when Human and Technological Capital are Complements
Alberto Bucci (Université catholique de Louvain, Belgium and Università degli Studi di Ancona, Italy)

Exhaustible Natural Resources and Economic Growth
Ricardo Coelho de Faria (University of Brasilia and Catholic University of Brasilia, Brasil)
Benjamin M. Tabak (University of Brasilia, Catholic University of Brasilia and Central Bank of Brasil, Brasil)

Growth Constrained by Exhaustible Resources: A Creative Destruction Approach
Farhad Nili (University of York, UK)

Income Distribution with Human Capital Accumulation and Specialisation
Fazeer Sheik Rahim (University of Birmingham, UK)
Alev Ergenç Katrinli (Dokuz Eylül University)


F6 Globalisation, Transition, and Development

Sept 15 / 15 Eylül, 9:00-11:00 Room 6 / Salon 6

Convenor: Cem Somel (METU)

Transition in Caucasus and Central Asia: From Disintegration to Globalization
Fatma Doğruel (Marmara University)
A. Suut Doğruel (Marmara University)

Neo-liberal Social Policy and Production Politics in Turkey
Gamze Yücesan Özdemir (Abant Izzet Baysal University)

Prospects for the Post-transformation of Japan’s Developmental Model: Causes and Consequences
İbrahim Öztürk (Marmara University)

Convertibility and Other Neoliberal Excesses in Argentina
Leopoldo Rodriguez (Eastern Mediterranean University, TRNC)


F7 Industrial Structure, Unemployment and Wages

Sept 15 / 15 Eylül, 9:00-11:00 Room 7 / Salon 7

Convenor: Zehra Kasnakoğlu (METU)

Turkish Manufacturing Wages: Inter-Industry Earnings Inequality?
Berna Beyazıtoğlu (Boğaziçi University)
Hakan Ercan (Boğaziçi University)

Investment, Uncertainty and Industry Structure: An Empirical Investigation Usıing the Turkish Panel Data
Alpay Filiztekin (Koç University)
Öner Günçavdı (Istanbul Technical University)
Benan Zeki Orbay (Istanbul Technical University)

The Role of Unemployment in Wage Determination: Further Evidence on the Wage Curve in Turkey
İpek İlkkaracan (New School for Social Research, USA)
Raziye Selim (Istanbul Technical University)

Effects of Outsourcing on Wage Inequality and Skill Formation
Selin Sayek (Bentley College, USA)
M. Fuat Sener (Union College, USA)


F8 International Financial Markets

Sept 15 / 15 Eylül, 9:00-11:00 Room 8 / Salon 8

Convenor: Kürşat Aydoğan (Bilkent University)

Are the European Markets Integrated? Evidence from French Stocks Cross-Listed on the German Market
Aslı Bayar (Bilkent University)
Zeynep Önder (Bilkent University)

Common Stochastic Trends in Emerging Stock Markets: The Case of Middle East Region
Lokman Gündüz (Yeditepe University)

Functional Forms and Elasticities of Substitution: Study on Financial Assets in the Indian Household Sector
Longjam Ibotombi S. (Indira Gandhi Institute of Development Research, India)
Mohammed Omran (Arab Academy for Science and Technology, Egypt and University of Plymouth, UK)

Evaluating Capital Mobility in the EU: A New Approach Using SWAPS Data
Isabel Vieira (Universidade de Évora, Portugal)


F9 Competition, Pricing and Regulation

Sept 15 / 15 Eylül, 9:00-11:00 Room 9 / Salon 9

Convenor: Baha Karabudak (Competition Authority, Turkey)

Unbundling Gas Distribution in Turkey: Requirements for Developing Competitive Markets
Henry A. Einhorn (J.W. Wilson & Associates, USA)
Esat Serhat Güney (Massachusetts Department of Telecommunications and Energy, USA)

How to Measure the Intensity of Competition: The Mark-up Estimates for Turkish Manufacturing Industries
Ekrem Kalkan (Competition Authority, Turkey)

Competition between Public and Private Generators on Electric Power Networks
Ayşe Mumcu Serdar (Boğaziçi University)
Serhan Oğur (Northwestern University, USA)
Ünal Zenginobuz (Boğaziçi University)

Unilateral Effects, Direct Price Estimates, and Efficiencies in
Antitrust Merger Enforcement: FTC vs. Staples (1997)
Frederick R. Warren-Boulton (MICRA Inc., USA)
Serdar Dalkır (MICRA Inc., USA)


KEYNOTE ADDRESS / METU LECTURE

Sept 15 / 15 Eylül, 11:30-12:15 Room 2 / Salon 2

Thick Modelling and Forecasting
Clive W.J. Granger (University of California, San Diego, USA)

Convenor: Denise Osborn (University of Manchester, UK)


G1 INVITED SESSION:

THE POLITICAL ECONOMY OF GLOBALISATION I
Sept 15 / 15 Eylül, 13:30-14:15 Room 1 / Salon 1

The Limits to 'Globalisation': Taking Economic Borders Seriously
Grahame Thompson (Open University, UK)
 

Sept 15 / 15 Eylül, 14:30-15:15 Room 1 / Salon 1

Globalization, Regionalization and Trans-border Modes of Economic Growth in East Asia
Ngai-Ling Sum (Manchester University, UK)

Convenor: Yakup Kepenek (METU)


G2 INVITED LECTURES IN MONETARY ECONOMICS

Sept 15 / 15 Eylül, 13:30-14:15 Room 2 / Salon 2

Monetary Policy Committees: Individual and Collective Reputations
Anne Sibert (Birkbeck College, University of London and CEPR,UK)
 

Sept 15 / 15 Eylül, 14:30-15:15 Room 2 / Salon 2

The Natural Rate Hypothesis and the Inflation-Output Trade-off in New Zealand and Turkey
Weshah A. Razzak (Reserve Bank of New Zealand, New Zealand)

Convenor: Zafer Yükseler (Director, CBRT Research Department)


G3 INVITED LECTURES IN ECONOMETRICS

Sept 15 / 15 Eylül, 13:30-14:15 Room 3 / Salon 3

Cointegration for Seasonal Time Series Processes
Denise Osborn (University of Manchester, UK)

Sept 15 / 15 Eylül, 14:30-15:15 Room 3 / Salon 3

Forecasting the Frequency of Recessions
Simon Potter (Federal Reserve Bank of New York, USA)

Sept 15 / 15 Eylül, 15:30-16:15 Room 3 / Salon 3

Statistical Properties of GARCH Models and Stylized Facts of Financial Time Series
Timo Terasvirta (Stockholm School of Economics, Sweden)

Convenor: Haluk Erlat (METU)


G4 Growth, Technology and Human Capital

Sept 15 / 15 Eylül, 13:30-15:30 Room 4 / Salon 4

Convenor: Teoman Pamukçu (Free University of Brussels, Belgium)

Economic Fluctuations and Growth in Malaysia
Ming-Yu Cheng (Multimedia University, Malaysia)

Test of Endogenous Growth Theory via Technological
Spill-over Effects of International Capital Good Flows
Nejat Erk (Çukurova University)
Sanlı Ateş (Çukurova University)
İsmail Tuncer (Çukurova University)

Human Capital Accumulation, Financial Development and Economic Growth:
Time Series Evidence for Turkey
Muhsin Kar (Kahramanmaraş Sütçü İmam University)

A Time-Series and Cross-Section Analysis of Growth and a
Test of Alternative Growth Models with Panel Unit Root Procedures
Kenan Lopcu (Eastern Mediterrenian University, TRNC)


G5 INVITED LECTURES IN INDUSTRIAL ECONOMICS

Sept 15 / 15 Eylül, 13:30-14:15 Room 5 / Salon 5

Investment in Imported Machinery for Export Competitiveness
Sule Özler (University of California, Los Angeles, USA)
Kamil Yılmaz (Koç University)

Sept 15 / 15 Eylül, 14:30-15:15 Room 5 / Salon 5

Micro Foundations of Export Dynamics
James Tybout (Pennsylvania State University, USA)
Sanghamitra Das (Indian Statistical Institute, Delhi Centre, India)
Mark Roberts (Pennsylvania State University and the NBER, USA)

Convenor: Haluk Kasnakoğlu (METU)


G6 Innovation, FDI and Growth

Sept 15 / 15 Eylül, 13:30-15:30 Room 6 / Salon 6

Convenor: Serap Türüt Aşık (METU)

Growth Maximizing Patent Life-Time
Alberto Bucci (Universite Catholique de Louvain, Belgium)
Hüseyin Cağrı Sağlam (Universite Catholique de Louvain, Belgium)

From the "Productivity Paradox" Towards a "Creativity Paradox":
New Patterns in the Economics of Software
Elad Harison (Maastricht University, The Netherlands)

Innovative Pricing
Andreas Jonason (Royal Institute of Technology, Sweden)

Strategic Environmental Policies in the Presence of Foreign Direct Investment
M. Özgür Kayalıca (University of Essex, UK)
Sajal Lahiri (University of Essex, UK)


G7 Economics of Education and Poverty

Sept 15 / 15 Eylül, 13:30-15:30 Room 7 / Salon 7

Convenor: Fikret Senses (METU)

Higher Education and Economic Development: A Quantitative Historical Perspective
Jean-Luc De Meulemeester (Free University of Brussels, Belgium)
Denis Rochat (CREBM Brussels and Université de Cergy-Pontoise, Belgium)

Escaping from the Poverty Trap
Bac Van Luu (University of Birmingham, UK)

Gender Segregation in Turkish Institutes of Higher Education
Serap Palaz (Balıkesir University)

Measures of Poverty: Comparatıve Approach to Turkey (1987-1994)
Raziye Selim (Istanbul Technical University)


G8 Stock Market Dynamics

Sept 15 / 15 Eylül, 13:30-15:30 Room 8 / Salon 8

Convenor: Zeynep Önder (Bilkent University)

Optimum Investment Horizon For Small Investors In ISE -A Simulation Exercise
Levent Akdeniz (Bilkent University)
Aslıhan Salih Altay (Bilkent University)
Ayşe Ece Ungan (Bilkent University)

Stock Options Pricing Models: An Emprical Study on Turkish Stock Market
Güler Aras (Yıldız Technical University)
Burak Salı (Ford Otosan)

An Analysis of Exchange Rates and Stock Prices: Evidence for Sweden
Abdulnasser Hatemi-J (Jonkoping University, Sweeden)
Manuchehr Irandoust (University of Örebro, Sweden)

Testing the Random Walk Hypothesis for the Brazilian Stock Market
Benjamin M. Tabak (University of Brasilia, Catholic University of Brasilia and Central Bank of Brasil, Brasil)


G9 INVITED LECTURES IN COMPETITION POLICY

Sept 15 / 15 Eylül, 13:30-14:15 Room 9 / Salon 9

Title: TBA
Stephen Martin (University of Amsterdam, The Netherlands)

Convenor: A. Ersan Gökmen (Member of the Competition Board)

Sept 15 / 15 Eylül, 14:30-15:15 Room 9 / Salon 9

Catching up or Leapfrogging? The Effects of Competition on Innovation and Growth
David Encaoua (EUREQua, Université de Paris I, France)
David Ulph (University College London, UK)

Convenor: Kemal Erol (Deputy Chairman, Competition Authority, Turkey)


H1 INVITED SESSION:

THE POLITICAL ECONOMY OF GLOBALISATION, II
Sept 15 / 15 Eylül, 16:00-16:45 Room 1 / Salon 1

The Illogic(s) of Globalization and Problems of Economic Governance
Robert Jessop (Lancaster University, UK)

Sept 15 / 15 Eylül, 17:00-17:45 Room 1 / Salon 1

What's New about Global Governance?
Sol Picciotto (Lancaster University, UK)

Convenor: Oktar Türel (METU)


H4 Innovation, Technology and Employment

Sept 15 / 15 Eylül, 16:00-18:00 Room 4 / Salon 4

Convenor: Jan Fagerberg (University of Oslo, Norway)

New Technologies and Employment: Case of Turkey
Hacer K. Ansal (Istanbul Technical University)
Dilek Çetindamar (Sabancı Technical University)

Innovation and Employment in Services: Results from the Italian Innovation Survey
Rinaldo Evangelista (National Research Council of Italy, Italy)

Unemployment in the Current Economic Debate: The Role of Technology and Structural Change
Marco Vivarelli (Catholic University of Piacenza, Italy)


H4 Tourism and Transportation Economics

Sept 15 / 15 Eylül, 16:00-18:00 Room 5 / Salon 5

Convenor: Melih Pınarcıoğlu (METU)

Subsidy in Egypt Inland Transport Sector: Justifications and Impacts
Fathy E. A. Al-Tony (Egyptian National Institute for Transport, Egypt)

An Empirical Analysis of Non-Financial Indicators of Success and Failure in
Small and Medium-Sized Tourism Enterprises in Turkey
Ekrem Tatoğlu (Beykent University)
Nedim Yüzbaşıoğlu (Niğde University)

An Investigation of the Relationship between Demographic Characteristics of Residents and
Impacts of Tourism Development in Two Turkish Tourist Regions
Ekrem Tatoğlu (Beykent University)
Fuat Erdal (Adnan Menderes University)
Hüseyin Özgür (Adnan Menderes University)
Sedat Azaklı (Balıkesir University)

Modal Choice: A Characteristics Approach
Ayşe Uyduranoğlu (Pamukkale University)


H6 Monetary Policy and Nominal Adjustments: The Turkish Evidence

Sept 15 / 15 Eylül, 16:00-18:00 Room 6 / Salon 6

Convenor: Nur Keyder (METU)

Financial Liberalisation and Implicit Taxation in Turkey
Konstantinos Kassimatis (Middlesex University, UK)
Aylin Soydan (Istanbul University)

Modeling the Central Bank Foreign Exchange Intervention: Effects of Good News and Bad News
İlhan Koçaker (CBRT)
Mehtap Kesriyeli (CBRT and University of Manchester, UK)

The Term Structure of Interest Rates: Does it Tell About Future Inflation?
Gülbin Şahinbeyoğlu (CBRT)
Cihan Yalçın (CBRT)

Inflation and Output Gap in Turkey
Zafer A. Yavan (TUSİAD)
Şeref Saygılı (SPO)
Cihan Yalçın (CBRT)


H7 Tüketici Davranışları

Sept 15 / 15 Eylül, 16:00-18:00 Room 7 / Salon 7

Başkan: Meltem Dayıoğlu (ODTÜ)

Medya Tercihleri ve Nedenleri
Zehra Kasnakoğlu (ODTÜ)
Erkan Erdil (ODTÜ)
Emel Memiş (ODTÜ)
Emre Özçelik (ODTÜ)

Türkiye Hanehalkı Tüketim Harcamalarında OLS ve Sıralı Olasılık Modellerinin Kullanımı
Şenay Üçdoğruk (Dokuz Eylül Üniversitesi)
Fehamet Akın (Uludağ Üniversitesi)

Consumers' Selection of a Diet from Supermarket Goods
Cuma Akbay (The Ohio State University, USA)
Eugene Jones (The Ohio State University, USA)

Marital Roles in Family Decision-Making: Comparative Study
Tahir Yesilada (Dokuz Eylül University)
Gülem Atabay İshakoğlu (Ege University)
Figen Akça Yesilada (Dokuz Eylül University)


H8 Türkiye'de Menkul Kıymetler Piyasaları

Sept 15 / 15 Eylül, 16:00-18:00 Room 8 / Salon 8

Başkan: Oral Erdoğan (İMKB)

Menkul Kıymetler Pazarında Derinliği Etkileyen Etmenler
Semih Büker (Anadolu Üniversitesi)
Hasan Durucasu (Anadolu Üniversitesi)
Güler Aras (Yıldız Teknik Üniversitesi)

Türkiye'de Hisse Senetlerinin Değerlendirilmesinde Temel Finansal Verilerin ve
Bazı Makro Ekonomik Göstergelerin Etkisi
Serpil Canbas (Çukurova Üniversitesi)
Hatice Düzakın (Çukurova Üniversitesi)
Süleyman Bilgin Kılıç (Çukurova Üniversitesi)

Türkiye'de Aracı Kurumların Performans Analizi:1993-1998
Lokman Gündüz (Yeditepe Üniversitesi)
Celali Yılmaz (SPK)
Mustafa Kemal Yılmaz (IMKB)

Opsiyon Fiyatlamada Sayısal Modellerin Kullanımı ve Karşılaştırması; İMKB için bir Uygulama
Hülya Tütek (Celal Bayar Üniversitesi)
Sezgin Demir (Celal Bayar Üniversitesi)


H9 PANEL: REGÜLASYON VE REKABET POLİTİKALARI

Sept 15 / 15 Eylül, 16:00-18:00 Room 9 / Salon 9

Başkan: Tamer Müftüoğlu (Rekabet Kurumu Başkanı)

Konuşmacılar
Hasan Ersel (Yapı Kredi Bankası)
Erol Katırcıoğlu (Marmara Üniversitesi)
Rauf Gönenç (OECD)
Esat Serhat Güney (Massachusetts Department of Telecommunications and Energy, ABD)


September 16 /16 Eylül

I3 Avrupa Birliği ve Türkiye'nin Rekabet Gücü

Sept 16 / 16 Eylül, 9:00-11:00 Room 3 / Salon 3

Başkan: Nurhan Yentürk (İstanbul Teknik Üniversitesi)

Türkiye Meyve ve Sebze İşleme Sanayinin Avrupa Birliği Piyasasındaki Rekabet Gücü
Sedef Akgüngör (Ege Üniversitesi)
Funda Barbaros (Ege Üniversitesi)
Nese Kumral (Ege Üniversitesi)

Türkiye’ de Şekerde İzlenen Politikaların AB Tarımına Uyum Sorunları
Okan Gaytancıoğlu (Trakya Üniversitesi)
Sema Tavıl (Trakya Üniversitesi)

Avrupa Topluluğuna Uyum Sürecinde Türk Deniz Ticaretinin Durumu
Serap İncaz Güner (İstanbul Teknik Üniversitesi)
Şaziye Ayfer İncaz (Emlak Bankası A.Ş.)

Türkiye Tarım Sektörünün AB Tarım Ürünleri Karşısındaki Uluslararası Rekabet Gücü
Filiz Elmas Özağ (Gazi Üniversitesi)
Fahriye Öztürk (Gazi Üniversitesi)
Semiha Kaya (Gazi Üniversitesi)


I4 Ekonomik Büyüme: Türkiye Dinamikleri

Sept 16 / 16 Eylül, 9:00-11:00 Room 4 / Salon 4

Başkan: Alpay Filiztekin (Sabancı Üniversitesi)

Reel Döviz Kuru ve Ekonomik Büyüme
Emine Bilgili (Erciyes Üniversitesi)

Türkiye'de Ekonomik Büyüme ve Beşeri Sermaye
Naci Canpolat (Hacettepe Üniversitesi)

Kalkınmışlık Ölçütü Olarak Beşeri Kalkınma İndeksi ve Türkiye Üzerine bir Değerlendirme
Yusuf Tuna (İstanbul Üniversitesi)
İbrahim Güran Yumuşak (Kocaeli Üniversitesi)

Türkiye'de Bölgelerarası Gelir Dağılımının Yapısı: 1987-1996
Ümit Şenesen (İstanbul Üniversitesi)
Mustafa Erhan Ateşağaoğlu (İstanbul Üniversitesi)


I5 Technological Capability in Turkish Manufacturing Industries

Sept 16 / 16 Eylül, 9:00-11:00 Room 5 / Salon 5

Convenor: Hacer Ansal (Istanbul Technical University)

Product Innovation in the Turkish Manufacturing Industry:
The Case of a Medium Sized Electrical Home Appliance Company
Özlem Er (Istanbul Technical University)
Arif Özver Ergin (Istanbul Technical University)

Patent Applications in Turkey: Some Preliminary Evidence
Ümmühan Gökovalı (METU)
Burhan Medettin (METU)

Strong Links with Domestic Market-Weak Links with R&D:
Results of a Survey in an Industrial District of an Emerging Economy
Ayşe Gözen (Yıldız Technical University)
Melike Bildirici (Yıldız Technical University)

Exploring Export Potential of Turkish Fresh Cut Flower Industry
Hüseyin Özgür (Adnan Menderes University)
Fuat Erdal (Adnan Menderes University)


I6 Parasal İktisat: Teori ve Uygulama

Sept 16 / 16 Eylül, 9:00-11:00 Room 6 / Salon 6

Başkan: Kıvılcım Metin Özcan (Bilkent Üniversitesi)

Garantisiz Faiz Oranı Paritesi: Türkiye Uygulaması
Hatice Doğukanlı (Çukurova Üniversitesi)
Süleyman Bilgin Kılıç (Çukurova Üniversitesi)

Türkiye'de Son Dönemde İzlenen Para Politikasının Sonuçları ve Etkinliğinin Değerlendirilmesi
Engin Erdoğan (Çanakkale Onsekiz Mart Üniversitesi)
Meliha Ener (Çanakkale Onsekiz Mart Üniversitesi)

Sermaye Akımlarının Temel Makro Ekonomik Göstergeler üzerindeki Etkileri:
Türkiye Örneği (1989-1999)
Aysu İnsel (Marmara Üniversitesi)
Nesrin Sungur (Marmara Üniversitesi)

Günümüzde ve XX. Yüzyıl Başlarında Kısa Vadeli Sermaye Hareketleri: Türkiye Örneği
Ertuğrul Tokdemir (İstanbul Teknik Üniversitesi)
Mehmet Bolak (Galatasaray Üniversitesi)
Öner Günçavdı (İstanbul Teknik Üniversitesi)


I7 Regional Growth and Convergence

Sept 16 / 16 Eylül, 9:00-11:00 Room 7 / Salon 7

Convenor: Aysıt Tansel (METU)

Local Firm Relations and Growth: A case study for Corum, 1993-96
Cihan Aktas (Competition Authority)
Ömer Faruk Baykal (Bilkent University)

Convergence and Growth within GAP Region (South Eastern Anatolian Project) and
Overall Turkey’s Regions
Nejat Erk (Çukurova University)
Sanlı Ateş (Çukurova University)
Tuba Direkci (Gaziantep University)

Productivity in Turkish Manufacturing Industry:
A Comparative Analysis on the Basis of Selected Provinces
Özlem Önder (Ege University)
Aykut Lenger (METU)

Explaining the Causes of Income Inequality Across the Provinces of Turkey
Burç Ulengin (Istanbul Technical University)
Berk Ataman (Istanbul Technical University)


I8 Türkiye'de Bankacılık Sistemi

Sept 16 / 16 Eylül, 9:00-11:00 Room 8 / Salon 8

Başkan: Hülya Tütek (Celal Bayar Üniversitesi)

Bankaların 1998 yılı Performanslarının Çok Değişkenli İstatistik Yöntemlerle Analizi
Ümit Oktay Fırat (Yıldız Teknik Üniversitesi)
Ayşe Demirhan (Yıldız Teknik Üniversitesi)

Finansal Serbestleşme ve Türk Bankacılık Sisteminde Karlılık
Haluk Levent (Galatasaray Üniverstesi)
Faruk Ülgen (Grenoble University)
Sezgin Polat (Galatasaray Üniversitesi)

Bankacılık Sektöründeki Birleşmelerde Hedef Şirket Kestiriminde Logit Çözümlemesinin Kullanılması
Adil Oğuzhan (Trakya Üniversitesi)
Nurcan Metin (Trakya Üniversitesi)
Ayhan Aytaç (Trakya Üniversitesi)

Türk Bankacılık Sisteminin Finansal Yapısının Analizi “1995-1999 Dönemi için
Çok Değişkenli Faktör Analizi ile Rating Denemesi
Semra Pekkaya (Türkiye Kalkınma Bankası A. Ş.)


J3 Inflation Dynamics in Turkey

Sept 16 / 16 Eylül, 11:30-13:30 Room 3 / Salon 3

Convenor: Hakan Berument (Bilkent University)

Distribution of Price Indexes in Turkey and a Proposed Core Inflation Measure
Cengiz Cihan (SPO)

Domestic and Imported Core Inflation in Turkey
Kamuran Malatyalı (SPO)
Cengiz Cihan (SPO)

Capacity Utilization and Inflation in Turkey
Burçhan Sakarya (SPO)
Hasan Yurtoğlu (SPO)

Possible Effects of US Dollar Anchoring instead of Basket Anchoring
Hasan Yurtoğlu (SPO)


J4 1980-Sonrası Türkiye İmalat Sanayiinde Büyüme, Birikim ve Bölüşüm Süreçleri

Sept 16 / 16 Eylül, 11:30-13:30 Room 4 / Salon 4

Convenor: Erinç Yeldan (Bilkent University)

Growth and Dynamics of Productivity in Turkish Manufacturing
Alpay Filiztekin (Koç University)

Türk İmalat Sanayiinde Ticaret Serbestisinin Yoğunlaşma ve Birikim Süreçlerine Olan Etkisi
Kıvılcım Metin Özcan (Bilkent Üniversitesi)
Ebru Voyvoda (Bilkent Üniversitesi)
Erinç Yeldan (Bilkent Üniversitesi)

Catch-up Based Growth in a Developing Country: A Case Study for Turkish Manufacturing Industries
Teoman Pamukcu (Free University of Brussels, Belgium)
Paul de Boer (Erasmus University, The Netherlands)

Do Low Wages Stimulate Investments? An Analysis of the Relationship between Wages and Investments in Turkish Manufacturing Industry
Nurhan Yentürk (İstanbul Teknik Üniversitesi)
Özlem Onaran (İstanbul Teknik Üniversitesi)


J5 Bölgesel Dinamikler ve Gelisme

Sept 16 / 16 Eylül, 11:30-13:30 Room 5 / Salon 5

Başkan: Nejat Erk (Çukurova Üniversitesi)

Mekansal Ayıklanmayı Düzenleyici Bir Araç Olarak Teşvikler: İstanbul ve İzmir Karşılaştırması
R. Funda Barbaros (Ege Üniversitesi)

Dışa Açılmanın, Bölgelerarası Gelişme Düzeyi Farklılıklarına Yansımaları: Gap İlleri Örneği
Gülsen E. Çakar (Gazi Üniversitesi)
Gülen Elmas (Gazi Üniversitesi)

Gelişmekte olan Ülkelerde Şehirlerin Ekonomik Rol ve Fonksiyonları: Sivas Örneği
Fatih Doğanoğlu (Cumhuriyet Üniversitesi)
Nazım Ekren (Marmara Üniversitesi)

İktisadi Gelişmede Girişimciliğin Rolü (Karşılaştırmalı Bir Analiz:Erzurum-Denizli)
Selçuk Emsen (Atatürk Üniversitesi)
Ayşe İrmis (Pamukkale Üniversitesi)
Ertuğrul Deliktaş (Ege Üniversitesi)


J6 Yerel Yönetimlerin Ekonomi Politiği

Sept 16 / 16 Eylül, 11:30-13:30 Room 6 / Salon 6

Başkan: İsa Sağbaş (Afyon Kocatepe Üniversitesi)

Türkiye’de Belediye Başkanlığı Seçimlerinin Ekonomi-politiği
Birol Akgün (Case Western Reserve University, USA)

Belediyelerde Bütçeleme ve Kamu Tercihi Teorisi
Muhlis Bağdigen (Zonguldak Karaelmas Üniversitesi)

Kentlesmenin Yerel Seçimler üzerindeki Etkisi
Abdülkerim Çalışkan (Afyon Kocatepe Üniversitesi)
İsa Sağbaş (Afyon Kocatepe Üniversitesi)

Türkiye’de Yerel-Siyasal Sorumluluk ve Belediye Harcamaları
Abuzer Pınar (Ankara Üniversitesi)

Demografik Değişmelerin Yerel Harcamalar üzerindeki Etkisinin Analizi
İsa Sağbaş (Afyon Kocatepe Üniversitesi)


J7 Türkiye'de Eğitim, İstihdam ve Sınıf Dinamikleri

Sept 16 / 16 Eylül, 11:30-13:30 Room 7 / Salon 7

Başkan: Fatma Doğruel (Marmara Üniversitesi)

Türkiye’de Grevler, Ücretler ve Ekonomik Göstergeler Üzerine Nicel ve Nitel bir Değerlendirme
Yüksel Akkaya (Mersin Üniversitesi)

Türkiye'de Akademik Kadın Emeği
Melike Bildirici (Yıldız Teknik Üniversitesi)
Nilgün Aydemir (İstanbul Üniversitesi)

Türkiye'de İstihdam ve Yapısal Değişim: Trendler ve Stratejik Öncelikler
Nazım Ekren (Marmara Üniversitesi)
Mustafa Aykaç (Marmara Üniversitesi)

Ulusal Kalkınma ve Modernleşme Aracı Olarak Eğitim: Kuruluş Dönemi Türkiye Deneyimi
Aynur Soydan (İstanbul Üniversitesi)


J8 Hisse Senedi Getirileri ve Performansı

Sept 16 / 16 Eylül, 11:30-13:30 Room 8 / Salon 8

Başkan: Semih Büker (Anadolu Üniversitesi)

ABD Silahlı Kuvvetleri'nin Bölgesel Krizlerde Kullanılmasının Amerikan Savunma Sanayi Şirketleri Hisselerine Etkisinin İncelenmesi: Körfez Savaşı Örneği
Ömer Faruk Cantenar (Bilkent Üniversitesi)

Hisse Senedi Getirilerini Belirleyen Temel Faktörler: İstanbul Menkul Kıymetler Borsası'ndan Kanıtlar
M. Banu Durukan (Dokuz Eylül Üniversitesi)
Pınar Evrim (Dokuz Eylül Üniversitesi)

İMKB Günlük Endeks Getirileri için Uygun Genelleştirilmiş Farklı Varyans Modelinin Seçimi
Aziz Kutlar (Cumhuriyet Üniversitesi)

İMKB'da Ocak Etkisi, Etkinin Sürekliliği, Firma Büyüklüğü ve Portföy Denkleştirilmesi Üzerine Deneysel Bir Çalışma
Gökhan Özer (Gebze Yüksek Teknoloji Enstitüsü)
Murat Özcan (Gebze Yüksek Teknoloji Enstitüsü)

Economic Research Center
Middle East Technical University
06531 Ankara Turkey
Phone: +90 312 210 3044, 210 2068
Fax: +90 312 210 1244
metuerc@metu.edu.tr
 

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