EconWorld2017@Rome

25–27 January 2017 · Rome, Italy · NH Collection Roma Palazzo Cinquecento

The 5th EconWorld conference (International Conference in Economics) was held in Rome, Italy on 25–27 January 2017 at NH Collection Roma Palazzo Cinquecento.

Organizing Committee

ZK Secretary

Zeynep Karal

JS Secretary

Jitka Siriner

Hasan DuduEuropean Comission Joint Research Center IPTS, Spain
Yilmaz KilicaslanAnadolu University, Turkey
Daniela MaggioniUniversity of Catania, Italy
İsmail SirinerBatman University, Turkey

Scientific Committee

Ali T. AkarcaUniversity of Illinois at Chicago, USA
Teimuraz BeridzeIvane Javakhishvili Tbilisi State University, Georgia
Max BoutXavier University, USA
Erol CakmakTED University, Turkey
Celia CenkinsUniversity of Westminster, United Kingdom
Dana DluhošováVŠB – Technical University of Ostrava, Czech Republic
Nazim K. EkinciHarran University, Turkey
Erkan ErdilMETU, Turkey
Vittorio FerreroIRES, Italy
Alfredo Saad FilhoUniversity of London, SOAS, United Kingdom
Alper GuzelOndokuz Mayis University, Turkey
Ayhan KoseWorldbank, USA
Daniela MaggioniUniversity of Catania, Italy
Fahrang MoradyWestminster University, United Kingdom
Azra MusaviAligarh Muslim University, India
Nadir OcalMETU, Turkey
Ahmet ÖncüSabancı University, Turkey
Vladimer PapavaIvane Javakhishvili Tbilisi State University, Georgia
Serdar SayanTOBB ETU, Turkey
Robin C. SicklesRice University, USA
Macello La RosaIRES, Italy
A. Cevat TasiranMiddlesex University
Erol TaymazMETU, Turkey
Hulya UlkuWorldbank, USA
Tomas WroblowskyVŠB-Technical University of Ostrava, Czech Rep
Paul ZarembkaBuffalo University, USA

Accepted papers 67

Paper	Authors	Abstract
T1TER – Sector Studies
Revival of Agriculture Sector and Increasing Tenancy in India	Murali D.A.	Abstract
A Nonlinear Markov Switching Approach to Characterize the Cyclical Asymmetric Dynamics of the German Manufacturing Industry	Onur Baycan, Gözde Yıldırım	Abstract
Housing Market and Population Dynamics in Urban China—an DSGE Framework	Yi Ding	Abstract
An Analysis of Manpower Requirements of the Manufacturing Sector in Malaysia	Noorasiah Sulaiman, Nur Ain Shahrier	Abstract
Analysis of Effects of Short Term Overcapacity on Airlines Competing on a Route	Şevket Alper Koç, Hakkı Cenk Erkin	Abstract
T1POR – Labor Market / Emek Piyasaları
Gender-Based Discrimination in the Use of Intra Household Paid and Unpaid Labor: A Research on Married Couples with Children / Hane İçi Ücretli ve Ücretsiz Emek Kullanımında Cinsiyete Dayalı Ayrımcılık: Evli ve Çocuklu Hanelerde Bir Araştırma	Çisel Ekiz Gökmen	Abstract
Priority Transformation Programs Action Plan for Improving Labor Market Effectiveness / Öncelikli Dönüşüm Programlarında İşgücü Piyasasının Etkinleştirilmesi Programı	Zeynep Erdinç, Mustafa Erdinç	Abstract
Analysis of Gender Differences in Household Poverty in Turkey: Bayesian Probit Model / Türkiye’de Hanehalkı Yoksulluğunun Cinsiyete göre Analizi: Bayesyen Probit Modeli	Ebru Çağlayan Akay, Gülşah Sedeflioğlu	Abstract
T1TRA – Financial Markets / Finansal Piyasalar
The Effects of Monetary Policy Shocks on the Turkish Stock Prices / Para Politikası Şoklarının Türk Hisse Senetleri Piyasasına Etkisi	İlyas Şıklar, Ayşegül Akça	Abstract
Volatility Transmission Among G-7 Stock Markets and Gold Market / Altın Borsası ile G-7 Ülke Borsaları Arasındaki Volatilite Etkileşimi	Özlem Göktaş	Abstract
Estimation of Net Interest Margin Determinants of The Deposit Banks in Turkey Through Static and Dynamic Panel Data Modelling / Türkiye’deki Mevduat Bankaları’nın Net Faiz Marjı Belirleyicilerinin Statik ve Dinamik Panel Data Modeli ile Tahmini	Nuray İslatince	Abstract
T2TER – Growth and Competition
Migration, Congestion and Growth	Leonid Azarnert	Abstract
Evolving Patterns and Empirical Distribution of Normalized Revealed Comparative Advantage: A SAARC Countries Analysis	Nawaz Ahmad, Asima Qayum, Asim Iqbal	Abstract
The New Dimension of the Cooperation between CEE and China	Iwona Karkliniewska	Abstract
Relation Between Foreign Direct Investment, Economic Growth and Foreign Trade: Evidence From Turkey	Ramazan Sayar	Abstract
Private Versus Public Finance: The Growing Share of Out of Pocket Payments in the Health Care Financing	Bilge Doğan, Ümmühan Gökovalı	Abstract
T2POR – Kamu Maliyesi / Public Finance
A Review of Perspectives Towards the Explanation of Relationship Between Functional Income Distribution and Economic Growth / Fonksiyonel Gelir Dağılımı ile Büyüme Arasındaki İlişkiyi Açıklamaya Yönelik Yaklaşımlara Bir Bakış	Eren Yıldırım, Meneviş Uzbay Pirili	Abstract
Independent Audit and Turkish Tax Law / Türk Vergi Kanunları Açısından Bağımsız Denetim	Canatay Hacıköylü	Abstract
Views on Healthcare Services that Require the Payment of a Contribution / Katılım Payı Uygulamasını Gerektiren Sağlık Hizmetleri Üzerine Düşünceler	Abdurrahman İlhan Oral	Abstract
T2TRA – Economy Theory / İktisat Teorisi
Effectiveness of Anticipated and Unanticipated Economic Policies / Beklenen ve Beklenmeyen İktisat Politikalarinin Etkinliği	İlyas Şıklar, Hasan İslatince	Abstract
An Overview of Informal Employment in Turkey / Türkiye’de Kayıt Dışı İstihdama Genel Bakış	Zeynep Erdinç	Abstract
What is New in the Macroeconomic Policies for Development / Kalkınma için Makroekonomik Politikalardaki Yenilikler	Çiğdem Boz, İsmail Şiriner	Abstract
Relationship Between Co2 Emissions and Fossil Fuel Usage in Energy Production in Turkey: A Scenario Analysis / Türkiye’de Enerji Üretiminde Fosil Yakıt Kullanımı ve Co2 Emisyonu İlişkisi: Bir Senaryo Analizi	Hakan Çetintaş, Murat Bicil, Kumru Türköz	Abstract
T3TER – Topics in Economics
Impact of Affirmative Action in Higher Education for the Other Backward Classes in India	Gitanjali Sen	Abstract
Legal Protection of Confidential Know-How as a Tool for Improving Innovativeness of Enterprises	Roman Bieda	Abstract
Job Stress and Depression Under the Effects of Role Conflict and Role Ambiguity	Mustafa Fedai Çavuş, Ayşe Gökçen Kapusuz	Abstract
Forecasting Air Pollution Rates in Industrial Centers Using a Trigonometric Regression Approach: A Case Study for Kocaeli-Turkey	Yılmaz Akdi, Faruk Çelikkanat, Aliye Atay Kayış	Abstract
Time Series Prediction Based on Grey System Theory: A Demonstration of GM (1,1)	Feyyaz Cengiz Dikmen	Abstract
T3POR – Education and Regional Development / Eğitim ve Bölgesel Kalkınma
Changing Impact of Human Capital on Socio-Economic Development: Inferences from a Spatial Econometric Regression for Provinces in Turkey / Beşeri Sermayenin Sosyo-Ekonomik Gelişmişlik ÜzerindekiDeğişen Etkisi: Türkiye İlleriyle Bir Mekansal Ekonometrik Analiz ve Sonuçları	Hüsnü Can Dural, Selim Çağatay	Abstract
An Investigation of Financial Unethical Decision Behaviours: In Terms of Fraud Triangle and Values / Finansal Nitelikli Etik Olmayan Karar Davranışlarının Hile Üçgeni ve Değerler Açısından İncelenmesi	Meryem Aybas, Cebrail Meydan	Abstract
The User Characteristics Effects to Smart Board Usage on Technology Acceptance Model Variables: The Sample of Bartın High School Teachers / Kullanıcı Özelliklerinin Teknoloji Kabul Modeli Değişkenleri Üzerinden Akıllı Tahta Kullanımına Etkisi: Bartın Lisesi Öğretmenleri Örneği	Yaşar Akça, Gökhan Özer, Ayşe Derya Işık, Ercan Çelik	Abstract
T3TRA – Economy History / İktisat Tarihi
1930 Industrial Congress as an Economic Institutionalization Example during Early Republic Era / Erken Cumhuriyet Döneminde Ekonomik Bir Kurumsallaşma Örneği olarak 1930 Sanayi Kongresi	Mehtap Özdeğer, Ayşe Feyze Şahinkuşu	Abstract
Analyzing the Economic Relations Between USA and PRC: George W. Bush Period / George W. Bush Döneminde ABD ve ÇHC Arasındaki Ekonomik İlişkilerin Analizi	Fulya Köksoy	Abstract
Economic Crisis as a Political Transformator in the Context of Economic and Political Integrity: The Case of the Relations Between Devaluations and Political Change in Turkey / İktisat-Siyaset Bütünlüğü Bağlamında Bir Siyasal Dönüştürücü Olarak Ekonomik Kriz: Türkiye’de Devalüasyonlar ve Siyasal Değişme İlişkisi Örneği	Ahmet Vedat Koçal	Abstract
The Heritage from Keynes to his Grandchildren: Optimism / Keynes'den Torunlarına Miras: İyimserlik	Çiğdem Boz, İsmail Şiriner	Abstract
F1TER – Financial Sector
Asymmetric Stochastic Volatility in Nordic Stock Markets	Aycan Hepsağ	Abstract
Monetary Policy Instruments in China — A Comparison Between the Money Supply and the Interest Rate	Yi Ding	Abstract
Efficiency Measurement of the Turkish Leading Banks by Using Data Envelopment Analysis	Deniz Giz, Suat Karagöz	Abstract
Theoretical Framework for Intangible Investment in case of Limited Resources: The Case of Innovation	Jovan Trajkovski	Abstract
The Importance of Estimation Method Choice for the Analysis of the Determinants of Capital Structure - An Example of Poland	Natalia Szomko	Abstract
F1POR – Economic Growth and Trade / Ekonomik Büyüme ve Dış Ticaret
Economic Growth and Terror: An Empirical Analysis / Ekonomik Büyüme ve Terör: Ampirik Bir Analiz	Emin Ahmet Kaplan, Melike Rana Dayıoğlu	Abstract
Relationship between Education Spending and Economic Growth under Structural Breaks: Turkey Application / Yapısal Kırılma Altında Eğitim Harcamaları ile İktisadi Büyüme İlişkisi: Türkiye Uygulaması	Dilek Tok	Abstract
Substitute and Complementary Relationship between Foreign Direct Investment and Exports: Evidence from a Developing Country / Doğrudan Yabancı Sermaye Yatırımları ile İhracat Arasındaki İkame ve Tamamlayıcılık İlişkisi :Gelişmekte Olan Ülke Örneği	Huriye Alkın, Ramazan Kaplan, Kemal Türkcan	Abstract
Exchange Rate Variability and Trade: An Analysis on Turkish-European Sectoral Trade / Döviz Kuru Değişkenliği ve Dış Ticaret: Türkiye-Avrupa Sektörel Ticareti Üzerine Bir Analiz	Şebnem Arık, M. Şükrü Erdem	Abstract
F1TRA – Household Budget / Hanehalkı Bütçesi
Estimation of Non-crossing Quantile Regression: Application of Turkey / Kesişmeyen Dilim Regresyon Tahmini: Türkiye Uygulaması	Nükhet Doğan, Yağmur Tokatlıoğlu	Abstract
A Cross Section Analysis on Determinants of Tourist Expenditures / Turist Harcamalarının Belirleyicileri Üzerine Bir Yatay Kesit Analiz	Ferhat Topbaş, Sabriye Çelik Uğuz	Abstract
Marketing and Accounting Cooperation: Calculating Customer Lifetime Value/ Pazarlama ve Muhasebe İşbirliği: Müşteri Yaşam Boyu Değerinin Hesaplanması	Vedat Ekergil, Nezihe Figen Ersoy	Abstract
The Importance of Load Factor for Airline Companies / Havayolu Şirketlerinde Doluluk Oranının Önemi	Vedat Ekergil	Abstract
F2TER – Education and Gender Studies
Women Directors Compensation and Firm Performance of Emerging Economy India	Rakesh Yadav	Abstract
Gender Gap in Smoking: A Decomposition Analysis for Turkey	Didem Pekkurnaz, Zeynep Elitaş	Abstract
Gender Discrimination in Education: What Motivates Parents to Invest More in Sons?	Tara Kaul	Abstract
Determinants of Education-Job Mismatch among University Graduates	Yılmaz Kılıçaslan, Nilgün Çağlarırmak Uslu, Mustafa Özsarı	Abstract
F2POR – Financial Markets II / Finansal Piyasalar II
Theory and an Application on Asset Allocation / Oyun Kuramı ve Varlık Bölüşümüne İlişkin Bir Uygulama	Ece Salman, Evren Denktaş, Hakan Kapucu	Abstract
Usage of Islamic Banking Below the Asymmetric Knowledge / Asimetrik Bilgi Altında Katılım Bankacılığı Fonlarının Kullanımı	Hüseyin Koçak	Abstract
Causality Relationship between Interest Rate of Deposit Banks and Profit Share Rate of Islamic Banks in Turkey / Türkiye’de Mevduat Bankalarının Faiz Oranları ile Katılım Bankalarının Kar Payı Oranları arasındaki Nedensellik İlişkisi	Serhat Yüksel, İsmail Canöz, Mustafa Özsarı	Abstract
F2TRA – Turkish Economy / Türkiye Ekonomisi
Asymmetric Effects of Oil Price Changes / Petrol Fiyatlarındaki Değişimin Asimetrik Etkileri	Tezcan Abasız, Sevgi Sezer	Abstract
Evaluation of the Situation of Turkey in the Digital Division Framework / Dijital Bölünme Çerçevesinde Türkiye’nin Durumunun Değerlendirilmesi	Barış Yıldız, Gizem Akbulut	Abstract
Institutional Changes in Businesses and The Importance of Quality Management Systems for Economic Development: The Case of Turkey / İşletmelerde Kurumsal Değişim ve Ekonomik Kalkınmada Kalite Yönetim Sistemlerinin Önemi: Türkiye Örneği	Ayla Yazıcı, Resul Yazıcı	Abstract
Assessment of Efficiency of Health Institutions in Turkey, Under Health Transformation Program / Sağlıkta Dönüşüm Programı Altında, Türkiye’deki Sağlık Kurumlarının Etkinliğinin Değerlendirilmesi	Halil İbrahim Keskin, Aydın Unsal	Abstract
F3TER – Poverty and Employment
The Financial Kuznets Curve in European Union	Yusuf Akan, Bilge Köksel, Mehmet Akif Destek	Abstract
Addressing Un/Under-employment at the Local Level: Participatory Action Research in Greece of Crisis	Eugenia Vathakou, Maria Tsampra, Pantelis Sklias	Abstract
Unemployment Hysteresis in Central and Eastern European Countries: Further Evidence from Fourier Unit Root Tests	Gülten Dursun	Abstract
Co-trending and the Dual Adjustment Approach: Reconsidering the Unemployment Dynamics	Mustafa Ismihan	Abstract
F3TRA – Public Finance
The Role of Information and Communication Technologies for Better Judiciary	Fatih Denyeli	Abstract
Voting Behaviour and Corruption	Kadir Doğan	Abstract
Intertemporal Hybrid Modeling of Energy Policy in Poland: How to Avoid Biased Results	Olga Kiuila, Jan Hagemejer, Maciej Sobolewski, Grzegorz Poniatowski	Abstract
Flypaper Effect in Decentralized Economies	Zeynep Burcu Çevik	Abstract