Uluslararası Ticaret Bölümü Yayın Koleksiyonu

Permanent URI for this collectionhttps://hdl.handle.net/20.500.12416/401

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  • Article
    Citation - WoS: 20
    Citation - Scopus: 29
    Virtual Business Operations, E-Commerce & Its Significance and the Case of Turkey: Current Situation and Its Potential
    (Springer, 2012) Gokmen, Aytac
    21(st) century is the age of high technologies penetrated into business leading to virtual businesses and e-commerce applications combined with electronic business (e-business) structures. Virtual businesses are independent and/or partly dependent organizations that have flexible and agile structures to respond the altering business conditions. Yet, electronic commerce (e-commerce) is the exchange of goods and services over the Internet. Both virtual businesses and e-commerce operations enable organizations to have fluid structures, modify the changing conditions, lower expenses, access to new markets and attain new consumers. The e-commerce applications have also been increasing in Turkey at a great pace but not significantly when compared to the total trade volume. For, the aim of this paper is to focus on the virtual businesses, e-commerce, harmonization of the conventional business structures with e-commerce and emphasize the importance of the e-commerce applications in Turkey resting on dependable national and international publications and data. With respect to the research made, it is possible to state that the e-commerce volume of Turkey is increasing as a remedy to cover the foreign trade deficit, but it is still not sufficient when compared to the total trade volume. Additionally, even though Turkey possesses an efficient e-government mechanism and e-signature law to enhance the volume of its e-commerce, the lack of cooperation among parties and standardization as well as the difficulty in adoption of digital transactions would be issues to be tackled in order to develop e-commerce in Turkey.
  • Article
    Citation - WoS: 1
    Citation - Scopus: 1
    Cointegration, Causality and the Transmission of Shocks Across Wheat Market in Pakistan
    (Springer, 2009) Klasra, Mushtaq Ahmad
    This paper uses quarterly price data and examines the transmission of shocks across different spatially separated locations besides identifying causality among these locations. Johansen and Juselius's (Econ. Stat., 52, 160-210, 1990) multivariate cointegration procedure identified two cointegrating vectors among these locations. Following Toda and Yamamoto (J. Econom., 66, 225-250, 1995), causality tests showed only one bi-directional causality and it was between Peshawar and Hyderabad locations. Faisalabad and Sargodha appeared independent (i.e. exogenous) market locations in price discovery process. Peshawar market showed maximum (i.e. 5) number of significant links. The generalized impulse response functions, though, suggested similar (cyclical) pattern of responses across the markets, but their time profile, which provides insight into the system's speed of convergence to long run equilibrium path, varied with different level of extent and persistency. Responses to shock originating in consumption markets (i.e. Karachi, Peshawar and Lahore) remained short lived; whereas the shocks stemming from surplus wheat producing locations (i.e Multan, Sargodha and Faisalabad) produced long and more persistent responses.
  • Article
    Citation - WoS: 4
    Citation - Scopus: 5
    Is There a J-Curve Effect in Turkish Services
    (Springer, 2010) Yazici, Mehmet
    This paper explores the existence of the J-curve effect in Turkish services. The model of Bahmani-Oskooee (Rev Econ Stat 67:500-504, 1985), one of the most commonly employed model in the j-curve literature, is adopted. Using quarterly data from 1986: I to 1998: III, we find that, as a result of real depreciation of Turkish currency, YTL, services trade balance initially improves, then worsens and improves again in the short run. This is a pattern indicating that J-curve effect does not exist in Turkish services sector. We also find that depreciation of Turkish Lira improves the trade balance of the sector in the long run, a result consistent with earlier findings for the whole Turkish economy.
  • Article
    Virtual business operations, e-commerce & its significance and the case of Turkey: current situation and its potential
    (Springer, 2012) Gökmen, Aytaç
    21(st) century is the age of high technologies penetrated into business leading to virtual businesses and e-commerce applications combined with electronic business (e-business) structures. Virtual businesses are independent and/or partly dependent organizations that have flexible and agile structures to respond the altering business conditions. Yet, electronic commerce (e-commerce) is the exchange of goods and services over the Internet. Both virtual businesses and e-commerce operations enable organizations to have fluid structures, modify the changing conditions, lower expenses, access to new markets and attain new consumers. The e-commerce applications have also been increasing in Turkey at a great pace but not significantly when compared to the total trade volume. For, the aim of this paper is to focus on the virtual businesses, e-commerce, harmonization of the conventional business structures with e-commerce and emphasize the importance of the e-commerce applications in Turkey resting on dependable national and international publications and data. With respect to the research made, it is possible to state that the e-commerce volume of Turkey is increasing as a remedy to cover the foreign trade deficit, but it is still not sufficient when compared to the total trade volume. Additionally, even though Turkey possesses an efficient e-government mechanism and e-signature law to enhance the volume of its e-commerce, the lack of cooperation among parties and standardization as well as the difficulty in adoption of digital transactions would be issues to be tackled in order to develop e-commerce in Turkey
  • Article
    Citation - WoS: 4
    Citation - Scopus: 10
    The Exchange Rate and the Trade Balances of Turkish Agriculture, Manufacturing and Mining
    (Springer, 2008) Yazici, Mehmet
    This paper investigates and compares the response to the exchange rate changes of trade balances of three Turkish sectors; agriculture, manufacturing and mining. The impact on trade balance of exchange rate changes is examined using the trade balance model employed in Bahmani-Oskooee [1985, Review of Economics and Statistics 67: 500]. Analysis is conducted based on the quarterly data from 1986: I to 1998: III. It is observed that in response to domestic currency depreciation trade balance of each of all three sectors first improves, then deteriorates and then improves again. Despite exhibiting similar pattern of reaction to the exchange rate change in the short run, long-run or overall response of trade balance differs across the sectors; while trade balances of both manufacturing and mining improve in the long run, agricultural trade balance worsens as a result of domestic-currency depreciation.
  • Article
    Dynamics of Wheat Prices in the Wake of Market Reforms: the Case of Pakistan
    (Springer, 2006) Kiral, T; Klasra, MA
    Using Autoregressive Conditional Heteroskedastic (ARCH) method, this paper examines the effects of market reforms on the distribution of real mean prices and their variability before and after reforms. It is found that market-oriented reforms benefited producers and consumers alike. Empirical evidences, generally, support theoretical assertion that mean prices decline in most urban areas and increase in those markets that are located in surplus producing areas. The results also showed that market reforms lead to more price volatility.