Browsing by Author "Beyzatlar, Mehmet Aldonat"
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Article Citation - WoS: 7Citation - Scopus: 11Convergence in Transportation Measures Across the Eu-15(Springer, 2017) Beyzatlar, Mehmet Aldonat; Yetkiner, HakanThis is the first study in the literature to investigate the convergence in transportation measures. To this end, we conjectured a transportation convergence equation and tested it via Difference GMM and System GMM methods, using 4-year span panel data from 15 European Union countries (EU-15) for the period 1970-2013. The results provide strong evidence for the existence of unconditional convergence among the EU-15 countries in two transportation measures, namely, inland freight transportation per capita, and inland passenger transportation per capita. The estimates show that the convergence is even stronger when control variables are used. We conclude that the income convergence of EU-15 in the process of economic integration is also strongly evident in the transportation sector.Article Citation - WoS: 23Citation - Scopus: 26The Granger-Causality Between Wealth and Transportation: a Panel Data Approach(Elsevier Sci Ltd, 2020) Yetkiner, Hakan; Beyzatlar, Mehmet AldonatThis study examines the causal relationship between wealth and transportation. The study first develops two alternating theoretical frameworks between wealth and transportation: one in which transportation is demanddriven and one in which transportation has dual role, demand-driven and supply-driving. Next, the study undertakes Granger-causality estimations for a panel of 18 countries over the period 1970-2017. It is found that the dominant Granger-causality relationship is bidirectional for majority of countries. The study also shows that there is high consistency in the Granger-causality relationship between wealth and transportation, and income and transportation. The study has three important contributions: First, the relationship between wealth and transportation is shown both theoretically and empirically. Second, transportation is shown to have dual role in an economy. Finally, it is shown that the wealth-transportation relationship and the transport-income relationship are equally robust and consistent.
