Sürdürülebilir Kalkınma Amaçları

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• MakaleAçık Erişim2018Scopus SJRQ2/r/bayburt/13778
  The assessment of knowledge economy efficienccomparing Turkey with the European Union countries; [Procjena učinkovitosti ekonomije znanja: Usporedba turske s državama Europske Unije]

  Ayan, Tuba Yakıcı; Pabuçcu, Hakan

  Knowledge economy is an economy that produces, distributes and uses information. Nowadays, investment in quality information rather than capital inputs is becoming more and more important for countries to develop and to be able to compete with each other. The increasing speed in the creation and spreading of knowledge has made it a crucial component in economic development. It is a fact that the countries that make large investments in information factors experience a fast and sustainable growth and are the most dynamic and competitive countries in the world. In this paper, we use context dependent DEA to measure the relative efficiency of the European Union (EU) countries’, including Turkey, knowledge economy policy based on 2016 data. In addition, we implement factor-specific DEA in order to identify achievable targets in short term for each output of countries. Four outputs and three inputs were used in the analysis. The results showed that Germany is clearly ahead of other countries such as France, England, Malta and the Netherlands. Turkey, on the other hand, separates from other countries and is the least efficient one. The reason for this separation is that Turkey produces less output than expected relative to its facilities. Another conclusion of the paper is that the countries’ patent applications and high-tech exports are more inefficient than other knowledge economy outputs.

  AtıfScopus2·WoS2

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• MakaleAçık Erişim2018Scopus SJRQ2/r/bayburt/13691
  The effect of government educational expendituron labor productivity in turkish manufacturing sector; [Utjecaj vladinih rashoda za obrazovanje na produktivnost rada: Ne-linearni ardl pristup na turski proizvodni sektor]

  Durmaz, Atakan; Pabuçcu, Hakan

  Labor productivity is very important phenomena to maintain the sustainable economic growth. Actually, there are many studies in the economic literature about determining the factors affecting labor productivity. At this point, this study aims to investigate the relationship between labor productivity and government educational expenditure by using the data covering the period of 1971-2015 for Turkey. To this aim, it is applied linear and non-linear autoregressive distributed lag model (ARDL). By using the bound testing approach, the long run relationship between variables has been investigated. Both models have been applied to determine whether the relationship between variables is linear or nonlinear. An asymmetric relationship between labor productivity and government educational expenditure was determined. For this reason, nonlinear model is preferred. The empirical findings indicate that positive changes in educational expenditure has negative effect on labor productivity and negative changes in educational expenditure has positive effect on labor productivity. The long run coefficient of openness is significantly positive; the short run coefficient of it is significantly negative for all lags. On the other hand, the effect of GDP growth on the labor productivity is significantly positive in both short and long run. While the effect of average annual labor worked hours is significantly negative for the first two lags, it is significantly positive the last two lags in short run, it is positive but not significant in long run.

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  AtıfScopus3·WoS2·OpenAlex3

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