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  • Küçük Resim
    Öğe
    The Relation Between Political Stability and Economic Growth: The Turkish Case
    (2018) Diken, Ahmet; Parlakkaya, Raif; Erkan , Kara; Kodalak, Oğuzhan
    This study investigates the long run relationship between political stability and economic growth of Turkey in between 2002and 2016. Political stability has been referred to be one the causes of existence of strong institutions together with democracy foreconomic development for countries around the world. Empirical investigations have shown that strong institutions will besupported by political stability and democratic governance, and that these institutions will bring about robust economic growth.This work first focuses on how political stability index is related with the country’s economic output level (GDP) and then thefocus moves on to see the long run relation between political stability and several other prevalent macro-economic variables suchas inflation rate, exchange rate and short term interest rates. For this purpose, a bivariate regression models were used by runningARDL method. The study found that the political stability index, when used as sole independent variable, had no long runrelationship with each of the selected macro-economic variables including gross domestic product when testing by Bound test ofPesaran. Later, a multivariate regression was used to see the effect of political stability index together with selected macroeconomicvariables on economic growth of Turkey. Upon building our econometric modeling for long run relation, themultivariate regression results suggest that, while political stability has positive relation with economic growth in the long run, itseems to be irrelevant in the short term. In addition, inflation is found to have a negative relation with economic growth in thelong run, that is, when inflation increases the economic growth slows down in Turkey. One of the finding is that lagged value ofexchange rate implies that decareasing value of Turkish lira put downward pressure on the economic growth.
  • Küçük Resim Yok
    Öğe
    A research on the problems encountered in the collaboration between university and industry
    (Elsevier Science Bv, 2013) Sendogdu, A. Aslan; Diken, Ahmet
    Industry sector needs to be in collaboration with university in order to reach the information that will contribute its performance. The university also has some expectations from such kind of collaboration such as increasing the capacity, conducting R&D, institutionalizing, making firms ready in terms of intellectual capital and providing financial benefit as well as processing data and finding an application area. Collaboration of university and industry both leads the firms to provide a competitive advantage by creating synergy and also causes set of problems. The aim of this research is to investigate the level at which the university and industry collaboration exists in Konya province, to ascertain the frequency of collaboration subjects and the problems encountered during this collaboration. According to our research that we did on 142 firms in Konya, by not being on enough level of collaborating degree, there is a positive directed linear relationship between the frequency degree collaborating with the university and the abundance of the number of employees in the institution which is the necessity of being institutional. Because of this, the collaboration in the institutional firms is often inclined to come true. Furthermore, it was set higher that the problems of the administrators whose frequency degree of collaboration with the university is high in comparison with the people whose frequency degree of collaboration is low.