Although Türkiye’s history of getting involved in South -South cooperation dates back to 1955 when Bandung Conference was convened, its engagement in terms of international development cooperation started after the collapse of the Eastern Bloc in the early 1990s. With its development cooperation agency- TİKA became operational since 1992, Türkiye has been in close cooperation with the Global South in the field of development cooperation and gained momentum from 2002 onwards by reaching out its friendly hands to Africa, Asia Pacific and Latin America. In the last ten years, backed by its unique position of being both a donor and recipient, Türkiye has been very active in sharing its experience with the other Southern donors through implementing projects in the third countries. This paper intends first of all to give readers an overall idea about South-South and Triangular Cooperation, then proceed to elaborate on Turkish experience in this regard within the context of international development cooperation with examples and analysis, and eventually present Türkiye’s persistent endeavors to achieve UN Sustainable Development Goals.
{"title":"The Active Role Played by Türkiye in terms of South-South Cooperation within the Context of International Development Cooperation","authors":"Rahman Nurdun","doi":"10.36880/c15.02752","DOIUrl":"https://doi.org/10.36880/c15.02752","url":null,"abstract":"Although Türkiye’s history of getting involved in South -South cooperation dates back to 1955 when Bandung Conference was convened, its engagement in terms of international development cooperation started after the collapse of the Eastern Bloc in the early 1990s. With its development cooperation agency- TİKA became operational since 1992, Türkiye has been in close cooperation with the Global South in the field of development cooperation and gained momentum from 2002 onwards by reaching out its friendly hands to Africa, Asia Pacific and Latin America. In the last ten years, backed by its unique position of being both a donor and recipient, Türkiye has been very active in sharing its experience with the other Southern donors through implementing projects in the third countries. This paper intends first of all to give readers an overall idea about South-South and Triangular Cooperation, then proceed to elaborate on Turkish experience in this regard within the context of international development cooperation with examples and analysis, and eventually present Türkiye’s persistent endeavors to achieve UN Sustainable Development Goals.","PeriodicalId":486868,"journal":{"name":"Uluslararası Avrasya ekonomileri konferansı","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135737378","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The economic freedom index measures whether the factors that enable the realization of economic activities prevent or help the realization of these activities. In the literature, there is a dominant view that countries that are less exposed to restrictions in economic activities will have higher economic growth tendencies. Despite this, discussions about the direction of the relationship between economic freedoms and economic growth variables continue. In this study, it is aimed to measure whether there is a relationship between economic freedoms and growth in the sample of countries in the period of 1995-2021 and to measure the direction of a possible causality between the variables. In the study, data on economic growth were obtained from UNCTAD (United Nations Conference on Trade and Development), and data on economic freedoms were obtained from the Heritage Foundation website. For the purpose, cross-section dependency test, unit root tests, homogeneity test, panel cointegration test, long-term coefficient estimation test and causality tests were performed respectively. As a result of the estimation of the long-term coefficients with the random coefficients model (RCM), it was found that a 1% increase in economic freedoms increased economic growth by 0.6% in MIKTA (Mexico, Indonesia, South Korea, Türkiye and Australia) countries. According to the results of the Dumitrescu-Hurlin (2012) panel causality test, it was found that there is bidirectional causality between economic freedom and growth variables. Therefore, it is recommended that policy makers include policies that expand and encourage property rights, judiciary, government integrity, financial health, government expenditures, business, labor, trade, investment and financial freedoms.
{"title":"The Relationship Between Economic Freedoms and Growth: The Case of MIKTA Countries","authors":"Fatih Volkan Ayyıldız","doi":"10.36880/c15.02765","DOIUrl":"https://doi.org/10.36880/c15.02765","url":null,"abstract":"The economic freedom index measures whether the factors that enable the realization of economic activities prevent or help the realization of these activities. In the literature, there is a dominant view that countries that are less exposed to restrictions in economic activities will have higher economic growth tendencies. Despite this, discussions about the direction of the relationship between economic freedoms and economic growth variables continue. In this study, it is aimed to measure whether there is a relationship between economic freedoms and growth in the sample of countries in the period of 1995-2021 and to measure the direction of a possible causality between the variables. In the study, data on economic growth were obtained from UNCTAD (United Nations Conference on Trade and Development), and data on economic freedoms were obtained from the Heritage Foundation website. For the purpose, cross-section dependency test, unit root tests, homogeneity test, panel cointegration test, long-term coefficient estimation test and causality tests were performed respectively. As a result of the estimation of the long-term coefficients with the random coefficients model (RCM), it was found that a 1% increase in economic freedoms increased economic growth by 0.6% in MIKTA (Mexico, Indonesia, South Korea, Türkiye and Australia) countries. According to the results of the Dumitrescu-Hurlin (2012) panel causality test, it was found that there is bidirectional causality between economic freedom and growth variables. Therefore, it is recommended that policy makers include policies that expand and encourage property rights, judiciary, government integrity, financial health, government expenditures, business, labor, trade, investment and financial freedoms.","PeriodicalId":486868,"journal":{"name":"Uluslararası Avrasya ekonomileri konferansı","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135737313","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In our study, we will try to bring an overview of the relationship between Western and Eastern societies in terms of power struggle through China's road and belt project and Pakistan's situation in this project in today's world, which is rapidly moving towards bipolarity. In our study, Pakistan and Debt Diplomacy will be examined within the scope of the Belt-Road project. It will be tried to evaluate how the process works in Pakistan and to analyze the results of this process and the possibility of encountering similar results for other countries. As a result of debt diplomacy, the concessions and gains of Pakistan will be interpreted within the scope of cost-benefit analysis, and it will be tried to reach conclusions for other countries.
{"title":"Belt-Road Project: Pakistan Example","authors":"Serhat Hışırlı, Emine Fırat, Gülay Tamer","doi":"10.36880/c15.02726","DOIUrl":"https://doi.org/10.36880/c15.02726","url":null,"abstract":"In our study, we will try to bring an overview of the relationship between Western and Eastern societies in terms of power struggle through China's road and belt project and Pakistan's situation in this project in today's world, which is rapidly moving towards bipolarity. In our study, Pakistan and Debt Diplomacy will be examined within the scope of the Belt-Road project. It will be tried to evaluate how the process works in Pakistan and to analyze the results of this process and the possibility of encountering similar results for other countries. As a result of debt diplomacy, the concessions and gains of Pakistan will be interpreted within the scope of cost-benefit analysis, and it will be tried to reach conclusions for other countries.","PeriodicalId":486868,"journal":{"name":"Uluslararası Avrasya ekonomileri konferansı","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135737318","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The climate change has reached crucial dimensions that affect life deeply. Some regions are more affected by this, and it has become a threat to future generations. In the last decades, this issue has been brought to the agenda many times, but the necessary measures have not been taken yet. The increase in world temperature and the rapid melting of glaciers will drive sea waters to rise and some regions to be underwater, and droughts due to increased heat will expand. This situation will lead to food and water problems very soon, and it may endanger human life. Climate change has economic, political, and legal dimensions. Human rights violations will occur in many issues regarding the right to life, health, food security and access to clean water, and the migrations that will arise due to these reasons. These are not the problems of a single state, but the entire world population. So, international measures have been brought to the agenda of international organizations and examined within the framework of international law. It is necessary to re-evaluate its economic and legal dimensions by re-discussing agricultural policies, water and energy economies. Every natural disaster we experience is related change. This study consists of three parts, first of all, climate change and its consequences will be explained, then the studies on this subject in international law will be explained, and in the last part, how to find solutions to possible problems that may arise in the future will be discussed.
{"title":"Climate Policy and International Law","authors":"Dilek Yılmazcan","doi":"10.36880/c15.02720","DOIUrl":"https://doi.org/10.36880/c15.02720","url":null,"abstract":"The climate change has reached crucial dimensions that affect life deeply. Some regions are more affected by this, and it has become a threat to future generations. In the last decades, this issue has been brought to the agenda many times, but the necessary measures have not been taken yet. The increase in world temperature and the rapid melting of glaciers will drive sea waters to rise and some regions to be underwater, and droughts due to increased heat will expand. This situation will lead to food and water problems very soon, and it may endanger human life. Climate change has economic, political, and legal dimensions. Human rights violations will occur in many issues regarding the right to life, health, food security and access to clean water, and the migrations that will arise due to these reasons. These are not the problems of a single state, but the entire world population. So, international measures have been brought to the agenda of international organizations and examined within the framework of international law. It is necessary to re-evaluate its economic and legal dimensions by re-discussing agricultural policies, water and energy economies. Every natural disaster we experience is related change. This study consists of three parts, first of all, climate change and its consequences will be explained, then the studies on this subject in international law will be explained, and in the last part, how to find solutions to possible problems that may arise in the future will be discussed.","PeriodicalId":486868,"journal":{"name":"Uluslararası Avrasya ekonomileri konferansı","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135737321","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study examined the relationship between carbon emissions and gross domestic product, the total number of vehicles registered in traffic, and the price of oil with the 1970-2020 annual data. In addition, the validity of the environmental Kuznet curve for Türkiye is tested. For this, first of all, the stationarity of the variables is tested with traditional (ADF and KPSS) and Fourier (Fourier ADF and Fourier KPSS) unit root tests. As a result of the tests, it is concluded that all the variables are stationary in the first differences, and the existence of a long-term relationship between the variables is then tested with the SHIN and Fourier SHIN cointegration tests. The existence of a long-term relationship between the variables is determined, and long-term coefficients are obtained with cointegration regression cointegration estimators (FMOLS, DOLS, and CCR). According to the model results, while the number of vehicles in traffic affects carbon emissions positively, oil prices have a negative effect. Also, according to the model, it is concluded that the environmental Kuznet curve is valid for Türkiye.
{"title":"The Effect of Gross Domestic Product, Number Of Registered Vehicles and Oil Price On Carbon Emissions: The Environmental Kuznets Curve Hypothesis For Türkiye","authors":"Ahmet Koncak, Ali Berkul, Gökhan Konat","doi":"10.36880/c15.02858","DOIUrl":"https://doi.org/10.36880/c15.02858","url":null,"abstract":"This study examined the relationship between carbon emissions and gross domestic product, the total number of vehicles registered in traffic, and the price of oil with the 1970-2020 annual data. In addition, the validity of the environmental Kuznet curve for Türkiye is tested. For this, first of all, the stationarity of the variables is tested with traditional (ADF and KPSS) and Fourier (Fourier ADF and Fourier KPSS) unit root tests. As a result of the tests, it is concluded that all the variables are stationary in the first differences, and the existence of a long-term relationship between the variables is then tested with the SHIN and Fourier SHIN cointegration tests. The existence of a long-term relationship between the variables is determined, and long-term coefficients are obtained with cointegration regression cointegration estimators (FMOLS, DOLS, and CCR). According to the model results, while the number of vehicles in traffic affects carbon emissions positively, oil prices have a negative effect. Also, according to the model, it is concluded that the environmental Kuznet curve is valid for Türkiye.","PeriodicalId":486868,"journal":{"name":"Uluslararası Avrasya ekonomileri konferansı","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135737328","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Today, the damage caused by the production process to the environment has led to the development of the literature with the Kuznest, pollution haven hypotheses within the framework of sustainability. From this point of view, the optimum balance and efficiency production process has been reconsidered with the studies that take into account the impact of the economic activity process on the environment. Empirical studies have been conducted on the negative impact of environment and climate change on the output-input relationship. In this context, this study analyzes carbon emissions, industrial production index representing real production and the share of renewable energy in total energy using panel quantile approach. For this purpose, data for 37 selected countries are used, using annual data for the period 2000-2019. The purpose of using this approach is to provide a more comprehensive estimation of how carbon emissions, industrial production index and the share of renewable energy in total energy differ across percentiles. Considering the findings obtained from the estimation, the relationship between carbon emissions and industrial production index and the share of renewable energy in total energy is statistically significant and the coefficient value changes for different quantile values at 95% confidence interval. This means that the industrial production index and the share of renewable energy in total energy have different effects on carbon emissions and that these effects are heterogeneous.
{"title":"Analysis of the Relationship Between Real Production and Environmental Pollution: Panel Quantile Regression Approach","authors":"Öznur Taşdöken, Hakan Kahyaoğlu","doi":"10.36880/c15.02754","DOIUrl":"https://doi.org/10.36880/c15.02754","url":null,"abstract":"Today, the damage caused by the production process to the environment has led to the development of the literature with the Kuznest, pollution haven hypotheses within the framework of sustainability. From this point of view, the optimum balance and efficiency production process has been reconsidered with the studies that take into account the impact of the economic activity process on the environment. Empirical studies have been conducted on the negative impact of environment and climate change on the output-input relationship. In this context, this study analyzes carbon emissions, industrial production index representing real production and the share of renewable energy in total energy using panel quantile approach. For this purpose, data for 37 selected countries are used, using annual data for the period 2000-2019. The purpose of using this approach is to provide a more comprehensive estimation of how carbon emissions, industrial production index and the share of renewable energy in total energy differ across percentiles. Considering the findings obtained from the estimation, the relationship between carbon emissions and industrial production index and the share of renewable energy in total energy is statistically significant and the coefficient value changes for different quantile values at 95% confidence interval. This means that the industrial production index and the share of renewable energy in total energy have different effects on carbon emissions and that these effects are heterogeneous.","PeriodicalId":486868,"journal":{"name":"Uluslararası Avrasya ekonomileri konferansı","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135737332","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Mainstream economists, and most non-economists, as well, consider the existence of interest as a matter-of-course. Moreover, some economists say that it is an essential regulator of the economy, which creates a balance between savers and investors, regulates the borrowings, and it is an essential tool for the central bank's monetary control. In our study we examine the role of the interest in the Christian and Islamic moral and economy. Comparing arguments for and against interest it became clear that – even if it was not discussed in detail – the pro arguments can be easily challenged, while counterarguments are considered as moral argument by mainstream economics forgetting the fact that the science of economics has emerged from ethics. In a system of interest payment every player of the economy has to pay interest, while in the Islamic monetary system, not only profit and loss are shared between the lender and borrower, but they also have to give to the poor. Within the framework of the moral side, we are curious about the methods by the Islamic economy works without interest, if interest itself is so important that it substantiates the whole economic mechanism.
{"title":"Arguments Against Interest from Economic and Legal Aspects in Islam and Christianity","authors":"Varga József, Orsolya Falus, Balazs Cseh","doi":"10.36880/c15.02808","DOIUrl":"https://doi.org/10.36880/c15.02808","url":null,"abstract":"Mainstream economists, and most non-economists, as well, consider the existence of interest as a matter-of-course. Moreover, some economists say that it is an essential regulator of the economy, which creates a balance between savers and investors, regulates the borrowings, and it is an essential tool for the central bank's monetary control. In our study we examine the role of the interest in the Christian and Islamic moral and economy. Comparing arguments for and against interest it became clear that – even if it was not discussed in detail – the pro arguments can be easily challenged, while counterarguments are considered as moral argument by mainstream economics forgetting the fact that the science of economics has emerged from ethics. In a system of interest payment every player of the economy has to pay interest, while in the Islamic monetary system, not only profit and loss are shared between the lender and borrower, but they also have to give to the poor. Within the framework of the moral side, we are curious about the methods by the Islamic economy works without interest, if interest itself is so important that it substantiates the whole economic mechanism.","PeriodicalId":486868,"journal":{"name":"Uluslararası Avrasya ekonomileri konferansı","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135737375","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Disasters, which are an unusual situation, disrupt the life order of the society, cause large amounts of loss of life and property, and directly or indirectly affect health. Earthquakes cause the most destruction among natural disasters. The fact that earthquakes of the same magnitude have different results in different regions and under different conditions is significantly related to the level of development of countries. There are many active faults in Turkey, which is located on the Alpine-Himalayan belt, which is an important earthquake belt of the world. February 6, 2023, two earthquakes with a magnitude of 7.7 centered in Kahramanmaraş Pazarcık district and 7.6 magnitude centered in Elbistan affected 11 provinces. 16% of the country's population resides in the region affected by the earthquake, approximately 80 thousand people were injured, and 51 thousand people died. Implementation of minimum health care standards in disasters can reduce disaster-related morbidity and mortality. This compilation study was carried out with the aim of examining the structure of the disaster and emergency organization within the scope of health services and the delivery of health services after the earthquakes that occurred on February 6, 2023, in Kahramanmaraş, Pazarcık and Elbistan districts. It is thought that this study will contribute to the development and implementation of minimum health services in case of earthquake.
{"title":"Presentation and Organization of Health Services in Kahramanmaraş Earthquakes","authors":"Seniha Avcıl, Kenan Aydın","doi":"10.36880/c15.02835","DOIUrl":"https://doi.org/10.36880/c15.02835","url":null,"abstract":"Disasters, which are an unusual situation, disrupt the life order of the society, cause large amounts of loss of life and property, and directly or indirectly affect health. Earthquakes cause the most destruction among natural disasters. The fact that earthquakes of the same magnitude have different results in different regions and under different conditions is significantly related to the level of development of countries. There are many active faults in Turkey, which is located on the Alpine-Himalayan belt, which is an important earthquake belt of the world. February 6, 2023, two earthquakes with a magnitude of 7.7 centered in Kahramanmaraş Pazarcık district and 7.6 magnitude centered in Elbistan affected 11 provinces. 16% of the country's population resides in the region affected by the earthquake, approximately 80 thousand people were injured, and 51 thousand people died. Implementation of minimum health care standards in disasters can reduce disaster-related morbidity and mortality. This compilation study was carried out with the aim of examining the structure of the disaster and emergency organization within the scope of health services and the delivery of health services after the earthquakes that occurred on February 6, 2023, in Kahramanmaraş, Pazarcık and Elbistan districts. It is thought that this study will contribute to the development and implementation of minimum health services in case of earthquake.","PeriodicalId":486868,"journal":{"name":"Uluslararası Avrasya ekonomileri konferansı","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135737141","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Today, it is frequently encountered with the emphasis that agriculture is a sector that should be given importance both globally and in Turkey. When the social change is examined historically, the developments in the industry after the Industrial Revolution, the establishment of factories that make mass production, and the fact that the cities began to gain their current structure caused agriculture to lose its importance in the traditional social structure. Because of o the changes in the social structure and the wrong policies applied, the value of agriculture has decreased.
Rural development in Turkey has been shown as one of the most important development tools of countries since the first years of the republic. For this reason, governments have prepared various development plans. In order to support rural development in Turkey and to protect producers and consumers, in order to institutionalize rural development, “Agriculture and Rural Development Support Institution” was established and many support opportunities were created by the state. In this study, interviews will be held with 7 farmers who are engaged in agriculture in the Urganlı District of Turgutlu district of Manisa, with the help of semi-structured question paper, about how many farmers are aware of and implement the state supports for agriculture and the activities of the Agriculture and Rural Development Support Institution. With the data obtained, it will be tried to reveal the reflections of the development policies implemented in Turkey.
{"title":"Overview of Rural Development: The Case of Urganlı","authors":"Günce Demir, İlham Yılmaz","doi":"10.36880/c15.02838","DOIUrl":"https://doi.org/10.36880/c15.02838","url":null,"abstract":"Today, it is frequently encountered with the emphasis that agriculture is a sector that should be given importance both globally and in Turkey. When the social change is examined historically, the developments in the industry after the Industrial Revolution, the establishment of factories that make mass production, and the fact that the cities began to gain their current structure caused agriculture to lose its importance in the traditional social structure. Because of o the changes in the social structure and the wrong policies applied, the value of agriculture has decreased.
 Rural development in Turkey has been shown as one of the most important development tools of countries since the first years of the republic. For this reason, governments have prepared various development plans. In order to support rural development in Turkey and to protect producers and consumers, in order to institutionalize rural development, “Agriculture and Rural Development Support Institution” was established and many support opportunities were created by the state. In this study, interviews will be held with 7 farmers who are engaged in agriculture in the Urganlı District of Turgutlu district of Manisa, with the help of semi-structured question paper, about how many farmers are aware of and implement the state supports for agriculture and the activities of the Agriculture and Rural Development Support Institution. With the data obtained, it will be tried to reveal the reflections of the development policies implemented in Turkey.
","PeriodicalId":486868,"journal":{"name":"Uluslararası Avrasya ekonomileri konferansı","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135737308","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The relationship between financialization and income distribution stands out with globalization. The financial system plays an important role in the generation and distribution of income. In this context, the aim of the study is to analyze the relationship between stock markets and income inequality in Türkiye. The study analyzes whether there is a long-run relationship between the series for the period 2002-2021 using the B-VAR method, which allows estimating the relationship between indicators with a priori information. Thus, the impact of changes in the stock market on the probability of affecting the fairness of income distribution is analyzed. Thus, the effect of the changes in the stock market on the probability of affecting the income distribution is examined. According to the results of B-VAR analysis, the effect of GINI coefficient on both BIST price and BIST return series is not statistically significant. This suggests that stock market investments are not correlated with income distribution but are rather short-term and profit oriented. At the same time, the fact that there are more foreign investors in BIST 100 during the period analyzed does not affect the insignificance of this relationship.
{"title":"Examination of the Relationship Between the Stock Market and Income Inequality by B-VAR Method","authors":"Gülden Poyraz, Duygu Kalkay","doi":"10.36880/c15.02789","DOIUrl":"https://doi.org/10.36880/c15.02789","url":null,"abstract":"The relationship between financialization and income distribution stands out with globalization. The financial system plays an important role in the generation and distribution of income. In this context, the aim of the study is to analyze the relationship between stock markets and income inequality in Türkiye. The study analyzes whether there is a long-run relationship between the series for the period 2002-2021 using the B-VAR method, which allows estimating the relationship between indicators with a priori information. Thus, the impact of changes in the stock market on the probability of affecting the fairness of income distribution is analyzed. Thus, the effect of the changes in the stock market on the probability of affecting the income distribution is examined. According to the results of B-VAR analysis, the effect of GINI coefficient on both BIST price and BIST return series is not statistically significant. This suggests that stock market investments are not correlated with income distribution but are rather short-term and profit oriented. At the same time, the fact that there are more foreign investors in BIST 100 during the period analyzed does not affect the insignificance of this relationship.","PeriodicalId":486868,"journal":{"name":"Uluslararası Avrasya ekonomileri konferansı","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135736840","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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