Browsing by Author "Cilasun, Seyit Mumin"
Now showing 1 - 6 of 6
- Results Per Page
- Sort Options
Article Citation Count: 4Adult Education as a Stepping-Stone to Better Jobs: An Analysis of the Adult Education Survey in Turkey(Sage Publications inc, 2018) Cilasun, Seyit Mümin; Demir-Seker, Sirma; Dincer, N. Nergiz; Tekin-Koru, Ayca; Department of BusinessThe objective of this article is to investigate whether adult education (AE) can be used as a tool in facilitating transitions to/in the labor market, using the cross-sectional Adult Education Survey of Turkey (2012). AE is defined as the nonformal education for individuals aged older than 25 years. The outcome of AE is measured by changing jobs for employed and finding a job for the unemployed. Concentrating on employed people, we analyze both the determinants and the outcome of participation in AE for the purpose of changing jobs; and second, concentrating on unemployed people, we analyze both the determinants and the outcome of participation in AE for the purpose of getting employed. We find that once young males who are already working participate in AE for changing work, independent of their education or how AE is financed, they can be successful in doing so. The results of the paper suggest that AE programs offered by the government can serve as a tool in increasing income of the less educated and the unemployed by facilitating their transition to the labor market.Conference Object Citation Count: 18Determinants of entry in Turkish manufacturing industries(Springer, 2006) Cilasun, Seyit Mümin; Cilasun, Seyit Mumin; Department of BusinessThe entry of new firms into markets plays an important role in efficient resource allocation and evolution for long term economic growth. Employing dynamic panel data techniques, this paper investigates entry behavior in 66 four-digit Turkish manufacturing industries for the 1993-1999 period. The results of this paper suggest that potential entrants observe the market before the entry takes place; entry is, in general, a follow-up process; and incumbent firms seem to collude to prevent entry in Turkish manufacturing industries. In addition, the real interest rate appears to be a very important determinant of entry decision.Article Citation Count: 19An empirical analysis of household education expenditures in Turkey(Pergamon-elsevier Science Ltd, 2016) Cilasun, Seyit Mümin; Gunalp, Burak; Cilasun, Seyit Mumin; Department of BusinessUsing Turkish Household Budget Surveys from 2003, 2007 and 2012, this paper investigates the determinants of household education expenditures within an Engel curve framework. In particular, we estimate Tobit regressions of real educational expenditures by income groups using a number of household characteristics (i.e. rural residence, employment status, age, educational attainment of the household head, household size, share of female students and primary school students in the household, and total number of students in the household) to examine if and to what extent the determinants of educational expenditures differ by income groups; income elasticities of educational spending evolves over time; and children from middle-class and poor families can benefit enough from educational opportunities. The estimated expenditure elasticities have lower values for the top- and the bottom income quartiles while they have larger values for the middle-income quartiles. The results also show that for all income groups the expenditure elasticity of education increases over time, indicating that Turkish households allocates greater share of their budgets to education expenditures. (C) 2016 Elsevier Ltd. All rights reserved.Article Citation Count: 1An Empirical Analysis of the Average Plant Start-Up Size in Turkish Manufacturing Industries(Springer, 2012) Cilasun, Seyit Mümin; Gunalp, Burak; Department of BusinessMany studies have found start-up size of a firm to be an important determinant of its subsequent performance and probability of survival. The aim of this study is to investigate the determinants of average plant start-up size in 51 four-digit Turkish manufacturing industries for the period 1993-1999. The results of the study suggest that while industry characteristics such as industry growth rate and capital intensity have a positive impact on the average plant start-up size, industrial concentration, import penetration, and the change in research and development expenditures are negatively associated with the same variable. In addition, the macroeconomic environment is also an important determinant of the choice of plant start-up size. Finally, we find evidence that may indicate 'following' (herd) behavior in Turkish manufacturing industries.Article Citation Count: 4Household Structure and Household Income and its Components over the Life-Cycle in Turkey(Bilgesel Yayincilik San & Tic Ltd, 2013) Cilasun, Seyit Mümin; Kirdar, Murat Guray; Department of BusinessIn this study, using the 2003 Turkish Household Budget Survey, we investigate the life-cycle profiles of household income and its components by educational attainment, compare these profiles with those reported for various developed and developing countries, and interpret our findings within the life-cycle framework. A key aspect of our analysis is that we examine the link between household structure and household income over the life-cycle. The main finding of the study is that household income profiles conditional on educational attainment in Turkey are non-decreasing and quite flat over the life-cycle. This is in stark contrast to the hump-shaped household income profiles reported for developed countries. There are three main reasons for this fact in Turkey: i) multiple families live together in the same household, especially when the household head is very young or old, and many single adult children who are employed live in their parents' households. In other words, household formation helps to smooth income. ii) Many household heads are still employed at end of their life-cycle, especially among the less-educated. iii) Pension income levels, for those who are qualified for them, are relatively high compared to other components of income.Article Citation Count: 4Revisiting the finance-growth nexus: the Turkish case, 1980-2010(Routledge Journals, Taylor & Francis Ltd, 2017) Dinçergök, Burcu; Dincergok, Burcu; Cilasun, Seyit Mümin; İsmihan, Mustafa; Business; Department of BusinessIn Turkey, the empirical results on the link between financial development and economic growth are mixed. The existing studies do not take into account the fact that Turkey has experienced endemic political and economic instabilities over extended periods. This study aims to analyse the role of macroeconomic instability and public borrowing on the finance-growth nexus in Turkey by using time series econometric techniques over the 1980-2010 period. In doing so, we attempt to extend the existing literature by taking into account the role of macroeconomic instability as well as public borrowing. Our results reveal that there are additional - albeit indirect - channels between finance and growth via the effects of macro instability and public borrowing on financial development and economic growth. After taking into account the effects of overall instability and public borrowing, we found that growth-financial development relationship is bidirectional and permanent. In other words, in Turkish case, economic growth and financial development are jointly determined. Thus, our results shed some light on the ambiguity of the evidence on the link between financial development and economic growth for Turkey.