11 research outputs found

    The skill biased technological change in Turkish manufacturing industries

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    The skill biased technological change (SBTC) hypothesis relates earnings inequality to the change in technology with the hypothesis that technology increases the relative demand for skilled labor. In this paper we will investigate the evidence of SBTC hypothesis for two digit level 9 sectors in Turkey between 1982-1998. This paper is, in fact, a replication of Betts (1997) with Turkish data. The main finding of our study is the fact that there is no statistically significant support for skill biased technological change hypothesis for Turkish manufacturing sector between 1982 and 1998.Skill, Technological change, Wages, Skill-Biased Technological Change (SBTC), SUR estimation, Turkey

    Generalized maximum entropy (GME) estimator: formulation and a monte carlo study

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    The origin of entropy dates back to 19th century. In 1948, the entropy concept as a measure of uncertainty was developed by Shannon. A decade after in 1957, Jaynes formulated Shannon’s entropy as a method for estimation and inference particularly for ill-posed problems by proposing the so called Maximum Entropy (ME) principle. More recently, Golan et al. (1996) developed the Generalized Maximum Entropy (GME) estimator and started a new discussion in econometrics. This paper is divided into two parts. The first part considers the formulation of this new technique (GME). Second, by Monte Carlo simulations the estimation results of GME will be discussed in the context of non-normal disturbances.Entropy, Maximum Entropy, ME, Generalized Maximum Entropy, GME, Monte Carlo Experiment, Shannon’s Entropy, Non-normal disturbances

    trade implications of extending the turkey-eu customs union agreement to agricultural products

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    Turkey’s membership of EU will lead to the enlargement of already established customs union between EU and Turkey for the agricultural products. This involves not only a full liberalization of agricultural trade within the EU but also the implementation of a Common external tariff. In this new situation, trade diversion and creation effects for agro-food trade will emerge. In terms of article XXIV of GATT, the possible results of these counteracting effects are important. In this paper, using the Armington assumption, the trade diversion and creation effects of Turkey’s membership for the agricultural trade will be calculated and analyzed.Elasticities of Substitution, Armington Elasticities, Fixed Effect Panel, Random Effect Panel, Trade Creation, Trade Diversion, EU Membership of Turkey, Agricultural Products, Turkey, Article XXIV of GATT, Turkish Agricultural Sector Model, TAGRIS

    The skill biased technological change in Turkish manufacturing industries

    Get PDF
    The skill biased technological change (SBTC) hypothesis relates earnings inequality to the change in technology with the hypothesis that technology increases the relative demand for skilled labor. In this paper we will investigate the evidence of SBTC hypothesis for two digit level 9 sectors in Turkey between 1982-1998. This paper is, in fact, a replication of Betts (1997) with Turkish data. The main finding of our study is the fact that there is no statistically significant support for skill biased technological change hypothesis for Turkish manufacturing sector between 1982 and 1998

    The skill biased technological change in Turkish manufacturing industries

    Get PDF
    The skill biased technological change (SBTC) hypothesis relates earnings inequality to the change in technology with the hypothesis that technology increases the relative demand for skilled labor. In this paper we will investigate the evidence of SBTC hypothesis for two digit level 9 sectors in Turkey between 1982-1998. This paper is, in fact, a replication of Betts (1997) with Turkish data. The main finding of our study is the fact that there is no statistically significant support for skill biased technological change hypothesis for Turkish manufacturing sector between 1982 and 1998

    Generalized maximum entropy (GME) estimator: formulation and a monte carlo study

    Get PDF
    The origin of entropy dates back to 19th century. In 1948, the entropy concept as a measure of uncertainty was developed by Shannon. A decade after in 1957, Jaynes formulated Shannon’s entropy as a method for estimation and inference particularly for ill-posed problems by proposing the so called Maximum Entropy (ME) principle. More recently, Golan et al. (1996) developed the Generalized Maximum Entropy (GME) estimator and started a new discussion in econometrics. This paper is divided into two parts. The first part considers the formulation of this new technique (GME). Second, by Monte Carlo simulations the estimation results of GME will be discussed in the context of non-normal disturbances

    trade implications of extending the turkey-eu customs union agreement to agricultural products

    Get PDF
    Turkey’s membership of EU will lead to the enlargement of already established customs union between EU and Turkey for the agricultural products. This involves not only a full liberalization of agricultural trade within the EU but also the implementation of a Common external tariff. In this new situation, trade diversion and creation effects for agro-food trade will emerge. In terms of article XXIV of GATT, the possible results of these counteracting effects are important. In this paper, using the Armington assumption, the trade diversion and creation effects of Turkey’s membership for the agricultural trade will be calculated and analyzed

    Türk tarımında politika değişikliklerinin etkileri : maksimum entropi ile bir optimizasyon modeli

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    Turkey moves towards integration with EU since 1963. The membership will involve full liberalization of trade in agricultural products with EU. The impact of liberalization depends on the path of agricultural policies in Turkey and the EU. On the other hand, agricultural protection continues to be the most controversial issue in global trade negotiations of World Trade Organization (WTO). To evaluate the impacts of policy scenarios, an economic modeling approach based on non-linear mathematical programming is appropriate. This thesis analyzes the impacts of economic integration with the EU and the potential effects of the application of a new WTO agreement in 2015 on Turkish agriculture using an agricultural sector model. The basic approach is Maximum Entropy based Positive Mathematical Programming of Heckelei and Britz (1999). The model is based on a static optimization algorithm. Following an economic integration with EU, the net export of crops declines and can not tolerate the boom in net import of livestock products. Overall welfare affect is small. Consumers benefit from declining prices. Common Agricultural Policy (CAP) supports are determinative for the welfare of producers. WTO simulation shows that a 15 percent reduction in Turkey’s binding WTO tariff commitments will increase net meat imports by USD 250 million.Ph.D. - Doctoral Progra

    Use of bio-physical models in agricultural economics: an application of cropsyst

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    M.S. - Master of Scienc

    TRADE IMPLICATIONS OF EXTENDING THE TURKEY-EU CUSTOMS UNION TO AGRICULTURAL PRODUCTS *

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    ABSTRACT Turkey's membership of EU will lead to the enlargement of already established customs union between EU and Turkey to the agro-food products. This involves not only a full liberalization of agricultural trade within the EU but also the implementation of a common external tariff. Trade diversion and creation effects for agro-food trade will emerge. According to the article XXIV of GATT, the possible results of these counteracting effects are important. In this paper, the trade diversion and creation effects of the membership of Turkey to the EU for the agro-food trade will be calculated and analyzed using the Armington assumption
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