Browsing by Author "Bulut, Ümit"
Now showing items 1-20 of 28
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Anchoring of inflation expectations: The case of turkey
Togay, Selahattin; Bulut, Ümit (Institute for Economic Forecasting, Romanian J)It may be observed from the existing monetary economics literature that none of the previous papers that examine the degree to which inflation expectations are anchored in Turkey takes structural breaks into account. ... -
The Causal Linkage Between Inflation and Inflation Uncertainty under Structural Breaks: Evidence from Turkey
Apergis, Nicholas; Bulut, Ümit; Üçler, Gülbahar; Özşahin, Şerife (Wiley, 2021)The goal of this paper is to examine the relationship between inflation and inflation uncertainty for Turkey through monthly data spanning the period 2004:01-2019:12. To this end, the paper first builds the inflation ... -
Co-movements and causalities between ethanol production and corn prices in the USA: New evidence from wavelet transform analysis
Bilgili, Faik; Koçak, Emrah; Kuşkaya, Sevda; Bulut, Ümit (Elsevier Ltd, 2022)The literature has been increasingly examining the existence of possible compatibility or conflict hypotheses between biofuels and food security in recent years. While current research outputs do not provide a consensus, ... -
Does income growth affect renewable energy or carbon emissions first? A Fourier-based analysis for renewable and fossil energies
Pata, Ugur Korkut; Bulut, Ümit; Balsalobre-Lorente, Daniel; Chovancová, Jana (Elsevier Ltd, 2025)Environmental issues and global warming continue to drive researchers to investigate the validity of hypotheses regarding the environment. The environmental Kuznets curve (EKC) is the most popular hypothesis in the ... -
Does the pollution haven hypothesis prevail in Turkey? Empirical evidence from nonlinear smooth transition models
Bulut, Ümit; Üçler, Gülbahar; Inglesi-Lotz, Roula (SPRINGER HEIDELBERG, MAR 2021)The pollution haven hypo thesis (PHH) postulates that foreign direct investment (FDI) inflows can increase environmental deterioration in developing countries as multinational firms tend to transfer their dirty industries ... -
The economic implications of the COVID-19 outbreak on tourism industry: Empirical evidence from Turkey
Koçak, Emrah; Doğru, Tarık; Shehzad, Khurram; Bulut, Ümit (Sage Publıcatıons Inc, 2022)The novel coronavirus (COVID-19) pandemic has caused tremendous fear and uncertainty and affected health, economy, and social life in an unprecedented form worldwide. Yet, the level of knowledge on its economic implications ... -
The effect of freedom on international tourism demand: Empirical evidence from the top eight most visited countries
Bulut, Ümit; Koçak, Emrah; Suess, Courtney (Sage Publıcatıons Ltd., 2019)The present study investigates the impact of freedom (i.e. the effects of political rights and civil liberties) on tourist arrivals for the eight countries with the highest tourist arrivals in 2016 (France, the United ... -
Environmental deterioration, renewable energy, natural resource rents, and schooling in Türkiye: Does the degree of energy transition matter for environmental quality?
Bulut, Ümit; Atay-Polat, Melike; Bulut, Ahsen Seda (Academic Press, 2024)Within the literature on energy and environmental economics, it is generally acknowledged that renewable energy can improve environmental quality; however, certain papers suggest that an optimal level of the usage of ... -
Environmental Sustainability İn Turkey: An Environmental Kuznets Curve Estimation For Ecological Footprint
Bulut, Ümit (Taylor & Francıs Inc, 2021)The goal of this paper is to detect the determinants of ecological footprint (EF) in Turkey within the scope of the environmental Kuznets curve (EKC) hypothesis over the period 1970-2016. For this purpose, the paper sets ... -
Estimation of the Co-movements Between Biofuel Production and Food Prices: A Wavelet-based Analysis
Bilgili, Faik; Koçak, Emrah; Kuşkaya, Sevda; Bulut, Ümit (Pergamon-Elsevier Science Ltd, 2020)Recently, the significance of biofuel production on food prices has become an important topic of discussion within the framework of sustainable development. Based on the relevant discussions, this work aims at observing ... -
Is ethanol production responsible for the increase in corn prices?
Koçak, Emrah; Bilgili, Faik; Bulut, Ümit; Kuşkaya, Sevda (Elsevier Ltd, 2022)This paper aims to investigate the effects of the production of ethanol, a renewable biofuel, oil prices, population, and exchange rate on corn prices in the US (1985:m1-2020:m7) using a nonlinear smooth transition model. ... -
Is there a trade-off between financing current account deficits and environmental deterioration in developing countries? An empirical investigation for the validity of the pollution haven hypothesis
Bulut, Ümit; Üçler, Gülbahar; Aksöz-Yılmaz, Hande; Başaran, Dila Nur (Sprınger Heıdelberg, 2022)The impact of foreign direct investment (FDI) on environmental quality has been discussed in the environmental economics literature over the last decades. Within this scope, the pollution haven hypothesis (PHH) postulates ... -
Küresel Krizi İzleyen Dönemde Para Politikası ve Varlık Fiyatları: Türkiye Örneği
Bulut, Ümit (2017)Bu çalışmanın amacı, küresel krizi izleyen dönemde Türkiye Cumhuriyet Merkez Bankası'nın (TCMB) varlık fiyatlarındaki değişimlere tepki verip vermediğini incelemektir. Bu amaç doğrultusunda, çalışmada TCMB için oluşturulan ... -
Measuring the impacts of monetary policy in Turkey: an extended structural vector autoregressive model with structural breaks
Bulut, Ümit (Springer, 2023)The goal of this paper is to measure the impacts of monetary policy shocks in Turkey using monthly data spanning the period 2011:M01–2021:M12. To that end, the paper extends the structural vector autoregressive (SVAR) ... -
A new methodological perspective on the impact of energy consumption on economic growth: time series evidence based on the Fourier approximation for solar energy in the USA
Bulut, Ümit; Apergis, Nicholas (Springer, 2020)From the empirical energy literature, it is observed that studies focusing on the energy-economic growth nexus ignore the possible existence of gradual breaks as they employ methods without or with sharp structural breaks. ... -
The nexus between tourism, economic growth, renewable energy consumption, and carbon dioxide emissions: contemporary evidence from OECD countries
Doğru, Tarık; Bulut, Ümit; Koçak, Emrah; Işık, Cem; Suess, Courtney; Sırakaya-Turk, Ercan (Springer Science and Business Media Deutschland GmbH, 2020)The relationship between tourism development, economic growth, renewable energy consumption, and carbon dioxide emissions has been examined in a variety of contexts; however, the extant studies report contradictory findings ... -
Orta gelir tuzağ: Teorik çerçeve, ampirik yaklaşımlar ve Türkiye üzerine ekonometrik bir uygulama
Koçak, Emrah; Bulut, Ümit (2014)Bu çalışmanın amacı Robertson ve Ye’nin (2013) geliştirdiği yaklaşımı kullanarak Türkiye ekonomisinin orta gelir tuzağında olup olmadığını test etmektir. Bu amaca yönelik olarak Lee ve Strazicich (2003) ve Carrion-i-Silvestre ... -
Re-examination of the Convergence in Military Expenditures across NATO Countries: Do Different Approximations in Modeling Structural Breaks Matter?
Üçler, Gülbahar; Bulut, Ümit (Re-examination of the Convergence in Military Expenditures across NATO Countries: Do Different Approximations in Modeling Structural Breaks Matter?, 2021)The goal of this paper is to investigate whether the ratio of military expenditures to GDP converged across 27 NATO countries for the period 1993-2018 within the scope of stochastic convergence analysis. For this purpose, ... -
Reinvestigating the Environmental Kuznets Curve (EKC) hypothesis by a composite model constructed on the Armey curve hypothesis with government spending for the US States
Işık, Cem; Ongan, Serdar; Bulut, Ümit; Karakaya, Sahir; Irfan, Muhammad; Alvarado, Rafael; Ahmad, Munir; Rehman, Abdul (Springer Science and Business Media Deutschland GmbH, 2022)This study reinvestigates the EKC hypothesis for US states with a new methodology that differs from all previous empirical studies using traditional EKC models. To this aim, this methodology, for the first time, unifies ... -
Renewable energy-economic growth nexus revisited for the USA: do different approaches for modeling structural breaks lead to different findings? (Jan, 10.1007/s11356-021-17684-z, 2022)
Bulut, Ümit; Shahbaz, Muhammad; Vo, Xuan Vinh (Sprınger Heıdelberg, 2022)It can be observed from the existing energy literature the previous papers investigating the infuence of renewables consumption on GDP for the USA commonly ignore structural breaks in the US economy. Hence, the purpose of ...
