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on Central and Western Asia |
| By: | Fındık, Derya; Tansel, Aysit |
| Abstract: | This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component. Stochastic production frontier approach is used to simultaneously estimate the production function and the determinants of technical efficiency in the software intensive manufacturing firms in Turkey for the period 2003-2007. Firms are classified based on the technology group. High technology and low technology firms are estimated separately in order to reveal differentials in their firm efficiency. The results show that the effect of software investment on firm efficiency is larger in high technology firms which operate in areas such as chemicals, electricity, and machinery as compared to that of the low technology firms which operate in areas such as textiles, food, paper, and unclassified manufacturing. Further, among the high technology firms, the effect of the software investment is smaller than the effect of research and development personnel expenditure. This result shows that the presence of R&D personnel is more important than the software investment for software intensive manufacturing firms in Turkey. |
| Keywords: | Intangible assets, Software investment, Efficiency, Software intensive firms, Stochastic frontier analysis, Production Function, Firms, Turkey. |
| JEL: | L21 L22 L23 L25 |
| Date: | 2013–08–05 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:65955&r=cwa |
| By: | Fındık, Derya; Tansel, Aysit |
| Abstract: | This study examines the impact of firm resources on ICT adoption by the Turkish business enterprises using firm level data. ICT adoption is measured at three levels: The first level is technology ownership. The second level is the presence of enterprise resource planning (ERP) and customer resource management (CRM), and the third level is the use of narrowband and broadband technologies. The effects of the three main features of each technology level, which are complementarity, specificity, and the complexity, are analyzed by using firm level data in Turkey. This study has three main conclusions. As for the complementarity, firm’s resources play an important role in the adoption of technology while advancing from single technology to the multiple ones. Further, in the use of specific technologies such as ERP and CRM, firm resources generate differential effects between those technologies. Finally, the use of simple technologies does not require the same amount of firm resources as complex technologies. |
| Keywords: | adoption, ict, complementarity, specificity, complexity |
| JEL: | D22 D24 O30 O47 |
| Date: | 2013–08–05 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:65956&r=cwa |
| By: | Akarca, Ali T.; Tansel, Aysit |
| Abstract: | Antalya and Muğla provinces located in southwestern Turkey have emerged as new magnets for internal migration in the country. Socio-economic, demographic and labor market characteristics of immigrants coming to these two provinces from various regions are studied to uncover the reasons fueling their moves. This is accomplished through an analysis of descriptive statistics, and an analysis of a gravity model estimated. Differences and similarities between immigrants coming to these two provinces and those going to other migrant magnets, between immigrants and natives in Antalya and Muğla, and among immigrants coming to the two provinces from various origins are noted. What distinguishes Antalya and Muğla from other migrant-drawing provinces is that they attract some retirees and university students as well and their immigrants participating in the labor force are attracted mainly by jobs created in the sectors related to tourism, either directly or indirectly, rather than industry. Immigrants from different origins exhibit different characteristics and tend to specialize in different types of jobs. However, as other migrant flows, those directed at Antalya and Muğla are affected by distance adversely and by unemployment differential, past migration and population size at origin, favorably. |
| Keywords: | : Internal migration, labor market, gravity model, Turkey, Antalya, Muğla. |
| JEL: | J21 J61 R23 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:65898&r=cwa |
| By: | Şen, Hüseyin; Kaya, Ayşe |
| Abstract: | This paper studies empirically the relative effectiveness of monetary and fiscal policies on growth. Unlike many previous papers which have focused, to a large extent, on the effect of monetary or fiscal policies separately, this paper considers the comparative efficacy of the two policies on growth by applying the Structural Vector Autoregression (SVAR) model to the quarterly data for Turkey over the period 2001:Q1-2014:Q2. The empirical findings of this paper show that both monetary and fiscal policies do have significant effects on growth. However, monetary policy is more effective than fiscal policy in stimulating growth. More specifically, interest rate ―a monetary policy variable― is the most potent instrument in affecting growth. Then budget deficit ―a fiscal policy variable― becomes the second important variable after interest rate. These findings suggest that although the relative effectiveness in boosting growth is different, both policies significantly affect growth, suggesting that they should be used jointly but in an efficient manner. |
| Keywords: | Monetary Policy, Fiscal Policy, Growth, Macroeconomic Policy Management, SVAR, Turkey. |
| JEL: | E52 E58 E62 E63 |
| Date: | 2015–07–31 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:65903&r=cwa |
| By: | Sizov, Andrey |
| Keywords: | Agricultural and Food Policy, International Relations/Trade, |
| Date: | 2015 |
| URL: | http://d.repec.org/n?u=RePEc:ags:usao15:204980&r=cwa |