Browsing by Author "Ozbay Das, Zuhal"

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Citation - WoS: 4
Citation - Scopus: 4
Determinants of Fertility Rates in Turkey
(Routledge Journals, Taylor & Francis Ltd, 2020) Ozbay Das, Zuhal; Ekonomi ve Finans Bölümü
In this study, the fertility changes are examined through the combining political and economic aspects of Turkey. For this purpose, it examines if a long-run relationship between economic and institutional variables and fertility rates of Turkey exists. The long-run relations between income, democracy, polarization, government spending, and fertility rates will thus be analyzed through the Autoregressive Distribute Lag (ARDL) cointegration technique. The results reveal that per capita income, government expenditure, and democracy are one of the key determinants of fertility. Per capita income and government expenditure are negatively associated with fertility, but democracy is positively associated with fertility. The results further showed that the fertility decline is robust after the implementation of compulsory education policy in 1997. The study enlightens the long run effect of government on fertility behavior either through policy implementation or government expenditure, but the association between fertility and institutions in Turkey is rather vague.
Inequality and the Import Demand in Turkey
(Istanbul Univ, 2021) Ozbay Das, Zuhal; Ekonomi ve Finans Bölümü
The study aims to see whether the long-run relation between inequality and import demand exists in Turkey. The Autoregressive Distributed Lag (ARDL) cointegration technique is used in this study to estimate the long-run relationships between real imports, income, relative price, real exports, and inequality for the period 1982-2015. The results revealed that the income elasticity of imports is greater than one as the literature suggests. The sign of the coefficient of relative price and its magnitude is also compatible with the literature, while it is not statistically significant. However, the results further reflect that inequality is positively associated with real imports in Turkey contrary to assumptions of the relation between inequality and imports that is found to be negative for lower income countries in some studies. Short-run coefficients reflect that real income and relative prices are associated with real imports, whereas exports and not surprisingly, inequality variables are not in the short-run. The coefficient of income parameter is less in magnitude in the short-run but still greater than one. However, the sign of the coefficient of the relative price turns out to be positive in the short-run.