Browsing by Author "Kilinc, Dilara"

Now showing 1 - 4 of 4

Citation - WoS: 9
Citation - Scopus: 10
Does Credit Composition Have Asymmetric Effects on Income Inequality? New Evidence From Panel Data
(Mdpi, 2018) Seven, Unal; Kilinc, Dilara; Coskun, Yener
This paper studied the effects of credit to private non-financial sectors on income inequality. In particular, we focused on the distinction between household and firm credits, and investigated whether these two types of credit had adverse effects on income inequality. Employing cross-section augmented cointegrating regressions and using balanced panel data for 30 developed and developing countries over the period from 1995 to 2013, we showed that firm credit reduced income inequality, whereas there was no significant impact of household credit on income inequality. We concluded that it was not the size of the private credit but its composition which mattered in reducing income inequality, due to the asymmetric effects of different types of credit.
Citation - WoS: 60
Citation - Scopus: 69
Estimating the Political, Economic and Environmental Factors' Impact on the Installed Wind Capacity Development: a System Gmm Approach
(Pergamon-Elsevier Science Ltd, 2016) Biresselioglu, Mehmet Efe; Kilinc, Dilara; Onater-Isberk, Esra; Yelkenci, Tezer
This study analyzes the political, economic and environmental factors' impact on the installed wind capacity development around the globe, considering the different regions for the period between 1997 and 2014. The indicators used for this study are installed wind capacity development, GDP per capita, carbon dioxide emission generation, foreign direct investment (FDI,) stock, total energy import dependency, primary energy intensity, the shares of wind and hydroelectricity consumption in electricity generation and price of electricity. System Generalized Method of Moments (System GMM) estimator is performed to reveal dynamic relationship on the indicators in the model. The estimates for the period 1997-2014 are reported for the sample of twenty-six countries, as well as for diverse regions, covering non continental & Northern Europe, Southern Europe, Western & Central Europe, and non-European OECD. A set of a priori assumptions are also tested for the expected impacts. The results reveal the consistency of this study's a priori assumptions associated with the impact of different indicators on development of wind installed capacity. This study also found that higher installed wind capacity of the previous period has positive impact on that of the current period. Likewise, higher carbon dioxide emissions also contribute to installed wind capacity development. However, diverse regions experience altered effects on a number of indicators, such as price of electricity and total import dependency. (C) 2016 Published by Elsevier Ltd.
Citation - WoS: 28
Citation - Scopus: 27
Financial Development Convergence: New Evidence for the Eu
(Central Bank Republic Turkey, 2017) Kilinc, Dilara; Seven, Unal; Yetkiner, Hakan
This paper aims to investigate whether the banking and stock market measures among European Union countries have been subject to a convergence process in order to verify whether the transition from the European Monetary System to the Single Currency in the last five decades have led to the integration of financial markets. We show that banking and stock market measures tend to converge across the EU over time, and the process is even improved by controlling for the quality of country level institutions and a range of macroeconomic variables. We conclude that there is a degree of success in the financial integration process of EU countries and therefore recommend that the EU accelerates financial integration to completion rather than to slowing the process. (C) 2017 Central Bank of The Republic of Turkey. Production and hosting by Elsevier B.V.
Citation - WoS: 117
Citation - Scopus: 132
Towards a Common Renewable Future: the System-Gmm Approach To Assess the Convergence in Renewable Energy Consumption of Eu Countries
(Elsevier, 2020) Berk, Istemi; Kasman, Adnan; Kilinc, Dilara
This paper investigates whether the contribution of renewable energy sources to primary energy consumption is characterized by a convergence process across core European Union (EU) countries over the period from 1990 to 2014. The System Generalized Method of Moments (GMM) methodology is employed for 5-year span panel data of 14 EU members. The findings indicate strong evidence for both the absolute (unconditional) and conditional convergence of renewables' share in primary energy consumption across EU-14 countries. Moreover, the control variables, namely CO2 emissions per GDP, FDI inward stock and electricity prices contribute to the speed of convergence. Hence, the (implicit) rate of conditional convergence is higher than that of absolute convergence. The empirical evidence suggests that the energy mixes of core EU members have a tendency to become similar in the long-run as the shares of RES in primary energy consumption converge to the average level. Nonetheless, it does not necessarily imply that this average would be 20% target, which is to be achieved by 2020 according to EU directive 2009/28/EC. (C) 2018 Elsevier B.V. All rights reserved.