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on Arab World |
| By: | Burcay Erus; Ozan Hatipoglu |
| Date: | 2013–08 |
| URL: | http://d.repec.org/n?u=RePEc:bou:wpaper:2013/08&r=ara |
| By: | Brenner, Kyd D. |
| Keywords: | International Relations/Trade, |
| Date: | 2013–02 |
| URL: | http://d.repec.org/n?u=RePEc:ags:usao13:146808&r=ara |
| By: | Eryar, Değer; Tekgüç, Hasan |
| Abstract: | This paper examines the importance of gender on different job mobility patterns using an extensive household survey data from İzmir, third largest city in Turkey. The determinants of job-to-job and job-to-non-employment transitions are analyzed with the help of a multinomial logit estimation method. The results indicate that there is a distinction regarding the probability of job mobility patterns based on gender. It is more likely for women to be engaged in job-to-non-employment transition, whereas men tend to switch jobs more often. Although gender plays a significant role regarding job mobility patterns, traditionally imposed social constraints associated with childcare and household duties provide us with mixed results considering the behavior of women in the job market. On the other hand, having high-paid and secure jobs decreases the probability of both patterns of job mobility. |
| Keywords: | Turkey, job mobility, gender effect |
| JEL: | J16 J60 J62 |
| Date: | 2013–04 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:46006&r=ara |
| By: | Huseyin Kaya (Bahcesehir University; Bahcesehir University Faculty of Economics and Administrative Sciences) |
| Abstract: | This paper investigates the predictive power of the yield spread on future industrial production growth and recession in Turkey. Employing the linear regression model we find that the yield spread has predictive power when forecasting industrial production growth. The results also suggest that in the inflation targeting monetary policy period, predictive power of the yield spread has increased. Furthermore, we investigate whether the yield spread predicts recession by employing a probit model. Since no official recessions are available in Turkey, we determine the recessions using the BBQ methodology. The findings suggest that the yield spread predicts the recessions about one year ahead. |
| Keywords: | yield curve, recession, growth, forecast |
| JEL: | C22 E37 E43 |
| Date: | 2013–03 |
| URL: | http://d.repec.org/n?u=RePEc:bae:wpaper:010&r=ara |
| By: | J.W. Fedderke and T.E. Kaya |
| Abstract: | This paper explores the impact of some key infrastructure measures in transportation, telecommunication and electricity production sectors on labor productivity, using data on two-digit sectors for the Turkish economy for the years 1987 to 2006. We find both statistical and economic significance of infrastructure on productivity growth, for road, port and air transport, telecommunications and electricity production. In the railway sector, only measures of actual freight carried are consistently statistically significanctly associated with productivity growth, while other measures of infrastructure are insignificantly or perversely associated with productivity growth. Given that the railway transport sector is the only infrastructure sector that remains closed to competition and private participation, this raises the issue of the significance of private sector involvement in infrastructure provision. |
| Date: | 2013 |
| URL: | http://d.repec.org/n?u=RePEc:rza:wpaper:333&r=ara |
| By: | Altug, Sumru G.; Canova, Fabio |
| Abstract: | We examine the relationship between macroeconomic, institutional, and cultural indicators and cyclical fluctuations for European, Middle Eastern and North African Mediterranean countries. Mediterranean cycles are different from EU cycles: the duration of expansions is shorter; the amplitude and the output costs of recessions are larger; and cyclical synchronization is smaller. Differences in macroeconomic and institutional indicators partly account for the relative differences in cyclical synchronization. By contrast, differences in cultural indicators account for relative differences in the persistence, the volatility and the synchronization of cyclical fluctuations. Theoretical and policy implications are discussed. |
| Keywords: | Business cycles; institutions and culture; Mediterranean countries; synchronization. |
| JEL: | C32 E32 |
| Date: | 2013–03 |
| URL: | http://d.repec.org/n?u=RePEc:cpr:ceprdp:9382&r=ara |
| By: | Panza, Laura; Williamson, Jeffrey G |
| Abstract: | Muhammad Ali, who ruled Egypt between 1805 and 1849, intervened in Egyptian markets in an attempt to foster industrialization, especially between 1812 and 1840. Like a modern marketing board, the state purchased agricultural commodities (cotton, wheat) at low prices and sold them on world markets at much higher prices, a policy equivalent to an export tax. Ali also replaced tax farming with his own land taxes. The revenues so derived were used in part to finance manufacturing investment and to build irrigation canals. In addition, Ali supplied flax and cotton at those cheap purchase prices to domestic textile manufacturing, thus subsidizing the industry. He also used non-tariff barriers to exclude foreign competition from domestic markets. Were Ali’s state-led policies successful in fostering industry? The answer is no easier to extract from this phase of Egyptian history than from other poor countries at that time since Egypt faced the same terms of trade boom typical of most poor commodity exporters – Egyptian export commodity prices soared relative to manufactured imports, forces that were causing de-industrialization everywhere else in the poor periphery. Ali picked a very difficult time to pursue his agenda, but we show that his policies were successful. |
| Keywords: | 19th century; de-industrialization; Egypt; industrial policy; trade |
| JEL: | F1 N7 O2 |
| Date: | 2013–02 |
| URL: | http://d.repec.org/n?u=RePEc:cpr:ceprdp:9363&r=ara |
| By: | Bouoiyour, Jamal |
| Abstract: | The purpose of this paper is to examine the impact of remittances on child labor and demand of education using survey data on the Souss-Massa-Draa region (South of Morocco). Based on an instrumental variables probit model, we find a positive and significant effect of remittances on the investments in education. Furthermore, the number of children living in migrant households who accumulate employment and schooling is clearly less raised compared with the children of the households of group of control (non migrant households). Moreover, our results show the positive effect of remittances on the schooling of the poor children. It also seems that the partial participation of poor children or teenagers in work declines more significantly through migrant remittances. |
| Keywords: | Children time allocation, Education attainments, Propensity-Score Matching, Remittances, Morocco |
| JEL: | F22 F24 I25 |
| Date: | 2013–04–11 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:46063&r=ara |
| By: | Nabaz T. Khayyat (College of Engineering, Seoul National University); Almas Heshmati (College of Economics, Sogang University) |
| Abstract: | This study examines the customer satisfaction of telecomm-unication service in the Kurdistan region of Iraq. The purpose is to identify the key factors determining the customer satisfaction of telecommunication service. A conceptual model is specified and a number of hypotheses tested with a sample of 1,458 Kurdish mobile phone users in 2010. Discrete choice methodology is used to test three models of user satisfaction: Binomial logit model for overall satisfaction, and multinomial logit model for brand use and for handset preferred features. Overall the findings show that the Kurdish customers are generally satisfied with purchased mobile telecomm-unication service. The findings have implications for competition in the market and flows of investment resources to targeted market segments with potential expansion. |
| Keywords: | Logit model, Mobile Telecommunication, Customer Satisfaction, Service Providers, Kurdistan Region, Iraq. |
| JEL: | C25 C51 C81 L96 N35 |
| Date: | 2012–09 |
| URL: | http://d.repec.org/n?u=RePEc:snv:dp2009:201290&r=ara |
| By: | Frédéric Dobruszkes; Véronique Mondou |
| Abstract: | This paper analyzes the extent to which the liberalization of the airline market between the EU and Morocco has led to significant changes in both air services and leisure travel, thus contributing to the Moroccan tourist master plan to attract 10 million tourists. Liberalization has led to a large expansion of regular air services in terms of the number of seats and routes supplied but also to a decrease in charter business. The low-cost airlines are the main players in this move. International leisure mobility to Morocco has also strongly increased, although the relation with air transport liberalization is less clear. This increase involves both Moroccans living abroad and foreign tourists. Air transport has grown its market share despite the significant decrease in the number of tour operator packages sold. The increase is particularly large among Moroccan citizens living abroad, suggesting new habits with regard to long-distance mobility. |
| Keywords: | Air transport liberalization; Air travel; Low-cost airlines; Charter airlines; Leisure travel; Visits to friends and relatives; Morocco |
| Date: | 2013 |
| URL: | http://d.repec.org/n?u=RePEc:ulb:ulbeco:2013/142613&r=ara |
| By: | Mondher bellalah; Asma Abdul Rehman; Omar Masood (THEMA, Universite de Cergy-Pontoise; Superior University, Lahore, Pakistan,; Royal Business School, University of East London) |
| Abstract: | This study focuses on the shariaa compliant screening methods that are practiced by prominent Islamic finance users in terms of qualitative and quantitative screening. This research uses the comparative analysis to recognize the similarities and differences of methods among 15 users. Analysis reveals that there is a need to set the universal standards not only for the investors but also to discourage the misunderstanding between investors and scholars. After analysis of qualitative and quantitative screening, recommendations for the both methods have been made for the shariah compliant board and users. |
| Keywords: | Islamic finance, Shariah compliant, screening method, |
| JEL: | G21 G23 |
| Date: | 2013 |
| URL: | http://d.repec.org/n?u=RePEc:ema:worpap:2013-16&r=ara |
| By: | Komijani, Akbar; Gandali Alikhani, Nadiya; Naderi, Esmaeil |
| Abstract: | Substituting crude oil exports with value-added petrochemical products is one of the main strategies for policy makers in oil-driven economies to isolating the real sectors of economy from oil price volatility. This policy inclination has led to a body of literature in energy economics in recent decades. As a case study, this paper investigates the short-run and long-run relationship between Iran’s oil price and methanol price which is one of the most important non-oil exports of the oil-exporting country. To do so, the weekly data from 18 Jan. 2009 to 18 Sep. 2011 in a VECM framework is applied. The results show that in the long-run, oil price hikes leads to proportional increase in methanol price while in the short-run, this impact is not significant. |
| Keywords: | Crude Oil, Methanol, VECM Model |
| JEL: | C13 C32 Q43 |
| Date: | 2012–10–04 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:45975&r=ara |