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Social and Behavioral Sciences Commons™

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Economics

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Loyola University Chicago

Journal

2015

Articles 1 - 16 of 16

Full-Text Articles in Social and Behavioral Sciences

Determinants Of Foreign Direct Investment To Turkey, Burcak Polat, Cem Payaslıoğlu Sep 2015

Determinants Of Foreign Direct Investment To Turkey, Burcak Polat, Cem Payaslıoğlu

Topics in Middle Eastern and North African Economies

Despite the growing interest in foreign direct investment (FDI), substantial uncertainty still exists regarding what stimulates foreign investors to operate in a foreign market. Besides, previous studies have attributed the determinants of direct investments to locational and firmspecific factors. However, firm-specific and locational factors may vary across industries and their sub-sectors, as proposed by Dunning (1998). Using panel data for the 2007 to 2012 period, the major determinants of foreign investments into the manufacturing subsectors in Turkey are analyzed in this study. Strong evidence is found that turnover indices and new investment incentives introduced in 2009 have a positive impact …

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Taking Into Account Sustainable Development For Mena Countries: The Calculation Of A Modified Hdi Index, Nathalie Hilmi, Alain Safa, Nicolas Peridy, Messaoud Zemouri Sep 2015

Taking Into Account Sustainable Development For Mena Countries: The Calculation Of A Modified Hdi Index, Nathalie Hilmi, Alain Safa, Nicolas Peridy, Messaoud Zemouri

Topics in Middle Eastern and North African Economies

GDP, a measure of economic welfare, may be supplemented with other measures of economic welfare and environmental sustainability. This article discusses alternative measures which have been proposed in the literature concerning pollution, which can be used to augment GDP as a measure of welfare to produce a better index.

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War-Fighting Or Enhanced Policing?: The Effectiveness Of Kill-Capture Tools And Tactics In The Post-9/11 Era, Jesse Paul Lehrke, Rahel Schomaker Sep 2015

War-Fighting Or Enhanced Policing?: The Effectiveness Of Kill-Capture Tools And Tactics In The Post-9/11 Era, Jesse Paul Lehrke, Rahel Schomaker

Topics in Middle Eastern and North African Economies

For more than ten years the so-called Global War on Terrorism (GWOT) has been shaping not only national security strategies, but also influenced the definition of the enemy being fought as well as the nature of and boundaries between tactics used in this war. While the discussion about anti-terror strategies and tactics on the political level is ongoing, (empirical) research on the efficiency and effectiveness of these measures is still limited. In our article, we examine the relative impact two counter-terrorism approaches – killing and capturing – have on several measures of effectiveness. Scrutinizing data from 2001-2011 in numerous specifications, …

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Why Do Women Prefer Part-Time Employment In Turkey?, Burcu Duzgun Oncel, Bilge Eris Dereli Sep 2015

Why Do Women Prefer Part-Time Employment In Turkey?, Burcu Duzgun Oncel, Bilge Eris Dereli

Topics in Middle Eastern and North African Economies

Female part-time employment among female total employment has increased substantially in Turkey between 2005 and 2011. Part-time employment accounted for 13%, 22% and 27% of female employment in 2005, 2008 and 2011, respectively. The main objective of this paper is to outline some stylized facts concerning the key characteristics of female part time employment and to assess the reasons behind the increase in part-time employment for females in Turkey. We present general profile and labor status profile of part-time female workers via rich descriptive analysis by using Turkstat Household Labor Force Surveys for the period 2005 and 2011. Moreover we …

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Does Public Employment Reduce Unemployment?, Alberto Behar, Junghwan Mok Sep 2015

Does Public Employment Reduce Unemployment?, Alberto Behar, Junghwan Mok

Topics in Middle Eastern and North African Economies

We quantify the extent to which public-sector employment crowds out privatesector employment using specially assembled datasets for a large cross-section of developing and advanced countries, and discuss the implications for countries in the Middle East, North Africa, Caucasus and Central Asia. These countries simultaneously display high unemployment rates, low private-sector employment rates and high proportions of government-sector employment. Regressions of unemployment rates on public-sector employment point to full crowding out. This means that high rates of public employment, which incur substantial fiscal costs, do not reduce overall unemployment rates.

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Shattered Health For Women: How Gender Roles Affect Health Socio-Economic Status Nexus Over Life Cycle?, Burcu Duzgun Oncel Sep 2015

Shattered Health For Women: How Gender Roles Affect Health Socio-Economic Status Nexus Over Life Cycle?, Burcu Duzgun Oncel

Topics in Middle Eastern and North African Economies

The main objective of this paper is to assess the relationship between health and socio-economic status (SES) across ages by including gender roles for men and women. Although life expectancy of women is greater than men, women's average subjective health measure is worse and morbidity rates are higher. Gender roles in society would be one of the causes of this distinction. Gender roles are proxied by time spent in household work, childcare, active & passive leisure and employment. Mean comparison tests show that women spend more time in household work and childcare and less time in employment and leisure. By …

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Historical Perspectives On Trade And Risk On The Silk Road, Middle East And China, E. Mine Cinar, Katherine Geusz, Joseph Johnson Sep 2015

Historical Perspectives On Trade And Risk On The Silk Road, Middle East And China, E. Mine Cinar, Katherine Geusz, Joseph Johnson

Topics in Middle Eastern and North African Economies

In this paper we examine historical trends in the Silk Road where we discuss historical trade risks, Chinese dynasties and trade. We examine trade risks along the land and sea routes through Central Asia and Middle East. We discuss Chinese balance of payments during different dynasties and the changes in the land and the sea routes. We examine how the trade patterns and routes shifted with the discovery of the New World and when the Dutch and the British formed pooled risk trade associations.

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The Determinants Of Youth Unemployment In Qatar, Edward Sayre, Nada Abdelqader Benmansour, Samantha Constant Sep 2015

The Determinants Of Youth Unemployment In Qatar, Edward Sayre, Nada Abdelqader Benmansour, Samantha Constant

Topics in Middle Eastern and North African Economies

While Qatari unemployment is low compared to regional standards, unemployment is even more concentrated among first time job-seeking youth than in other countries in the Arab world. This paper examines the factors that influence unemployment by young Qataris when they are first entering the labor market. This paper first introduces the set of labor market policies that govern the employment of Qatari nationals. Next, the paper examines the labor market outcomes of Qatari youth from 1995 to 2014 to evaluate the effect of these policies. Finally, the paper uses a unique data set of 2,000 primarily young Qataris to model …

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Measuring Trade Advantages Of The Qualifying Industrial Zones Program Of Jordan And Egypt Offered By The United States For Having Signed Peace Treaties With Israel, Austin Carter, Yun Gong, Jeffrey B. Nugent Sep 2015

Measuring Trade Advantages Of The Qualifying Industrial Zones Program Of Jordan And Egypt Offered By The United States For Having Signed Peace Treaties With Israel, Austin Carter, Yun Gong, Jeffrey B. Nugent

Topics in Middle Eastern and North African Economies

This paper uses detailed cross country and over time data to show that despite various limitations, the QIZs of Jordan and subsequently Egypt, along with certain US FTAs, have contributed significantly to an increase in participating countries’ shares of exports to the US in the nine most common categories of clothing items for which the effects of tariff and quota exemptions are likely to be strongest. These influences, although perhaps diminishing after a certain period of time, are stronger than those of exchange rate, transport cost and changes in openness over time. What is perhaps most surprising is that these …

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The Impact Of Standards On Egyptian Trade: Evidence From Sps Measures, Hoda El-Enbaby, Rana Hendy, Chahir Zaki May 2015

The Impact Of Standards On Egyptian Trade: Evidence From Sps Measures, Hoda El-Enbaby, Rana Hendy, Chahir Zaki

Topics in Middle Eastern and North African Economies

According to the World Trade Organization (WTO) standards, countries are allowed to adapt regulations under the Sanitary and Phyto-Sanitary (SPS) and Technical Barriers to Trade (TBT) agreements in order to protect human, animal and plant health as well as environment and human safety. Therefore, using an Egyptian firm-level dataset, we analyze the effects of product standards on exports. We merge this dataset with a new database on specific trade concerns raised in the TBT and SPS committees at the WTO. Our main findings show that SPS measures imposed on Egyptian exporters have a negative impact on the probability of exporting …

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Bringing A New Perspective On Co-Movements Of Stock Markets In Emerging Economies Through Causality And Wavelet Analysis, Sadullah Çelik, Emel Baydan May 2015

Bringing A New Perspective On Co-Movements Of Stock Markets In Emerging Economies Through Causality And Wavelet Analysis, Sadullah Çelik, Emel Baydan

Topics in Middle Eastern and North African Economies

The recent global financial (and economic) crisis has validated the need to assess the financial sector of the economies with rather unconventional approaches. Believing that financial markets use all the available information in an efficient manner is as questionable as finding models which test the existence of bubbles in stock exchange markets. In this respect, this paper tries to introduce a different perspective by attempting to examine the role of emerging markets in this turmoil period, termed the Great Recession. We are intrigued by the argument that stock exchange markets in emerging economies have been affected in an asymmetric manner. …

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Environmental Risks, Policy Decisions In Large Multinational Companies And Policy Makers In Tunisia, Nathalie Hilmi, Alain Safa, Ihsen Ketata May 2015

Environmental Risks, Policy Decisions In Large Multinational Companies And Policy Makers In Tunisia, Nathalie Hilmi, Alain Safa, Ihsen Ketata

Topics in Middle Eastern and North African Economies

In a world with local and global instability (economic, social and financial policies), an environmental disaster can have particularly devastating effects at the economic and human levels. We are also witnessing an increasing "legalization" of the causes and consequences of environmental degradation. The issue of prediction (anticipation and evaluation) of natural and anthropogenic risk is posed in terms of moral and sometimes criminal, political responsibility, as well as to the scientific community. In this context, researchers themselves might be tempted to "hedge" legal risks, by considering in their forecasts, the most "extreme" assumptions.

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Sensitivity Of Turkish Income Distributions To Choice Of Equivalence Scale, Sinem Sefil May 2015

Sensitivity Of Turkish Income Distributions To Choice Of Equivalence Scale, Sinem Sefil

Topics in Middle Eastern and North African Economies

Income surveys are typically designed to collect income data on the household level. In order to obtain reliable outcomes from income distribution and inequality analysis, it is of crucial importance to consider households’ composition and varying needs. Relying on data from Turkey’s 2009-2011 Income and Living Conditions Survey (SILC), this paper examines the GE class inequality indices and Gini coefficient in terms of their sensitivity to choice of equivalence scales. It uses both one-parameter and two-parameter parametric equivalence scales to capture the effects of household size and decomposition. Following Coulter et al. (1992a), this study tests the sensitivity of the …

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Sustainable Tourism In Some Mena Countries, Nathalie Hilmi, Alain Safa, Brice Teisserenc, Nicolas Peridy May 2015

Sustainable Tourism In Some Mena Countries, Nathalie Hilmi, Alain Safa, Brice Teisserenc, Nicolas Peridy

Topics in Middle Eastern and North African Economies

According to UNWFTO, 20% of world tourism is concentrated in Mediterranean countries. The wealth in natural resources of the Mediterranean coastline (beautiful landscape, climate favorable for tourism, important biodiversity, etc…) makes it the first world touristic destination. The development of the tourism sector has permitted economics gains, especially for economies on the North side of the Mediterranean Sea. Nevertheless tourism also has harmful effects such as deterioration of the environment. According to the Plan Bleu, in 2000, 40% of the 46 000 Km of the Mediterranean coastline are artificial and urbanized. This situation is not sustainable because the increases in …

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Self-Employment And Unemployment In Turkey, Yasemin Ozerkek, Fatma Dogruel May 2015

Self-Employment And Unemployment In Turkey, Yasemin Ozerkek, Fatma Dogruel

Topics in Middle Eastern and North African Economies

The relationship between the rates of self-employment and unemployment has been extensively studied in the literature. The results of the existing studies are varied. The aim of this paper is to investigate the dynamic relationship between these variables in Turkey. The results indicate that there is a long-run relationship between the rates of self-employment and unemployment. Changes in self-employment rates have a negative effect on subsequent unemployment rates. There is evidence for the existence of causality running from self-employment rate to unemployment rate. The results reveal the existence of an entrepreneurial effect. However, it is not possible to assess the …

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The Determinants Of Broadband Access And Usage In Turkey: Do Regions Matter?, Emin Köksal, Bülent Anil May 2015

The Determinants Of Broadband Access And Usage In Turkey: Do Regions Matter?, Emin Köksal, Bülent Anil

Topics in Middle Eastern and North African Economies

The aim of the paper is to examine the determinants of broadband internet access in Turkey, and in particular, whether the probability of adopting broadband access varies by region. This study also attempts to find out whether there are regional disparities in engaging in various online activities. The 2012 ICT Household Survey that was conducted and administered by TURKSTAT is used. Probit model of probability of adopting broadband access is estimated and results are consistent with the earlier studies: Education, gender, age and household size matter. Besides this, the probability of adoption in West and Central Turkey is higher than …

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