Saban Nazlioglu
Biographic Data
| ID | 704888 |
|---|---|
| NAME | Saban Nazlioglu |
| GIVEN NAMES | Saban |
| FAMILY NAME | Nazlioglu |
| SIGNATURE | NAZLIOGLU S |
| AFFILIATIONS | İstanbul Nişantaşı Üniversitesi |
| ORCID | 0000-0002-3607-3434 |
| VERIFIED | Yes |
| TOTAL WORKS | 11 |
| TOTAL CITATIONS | 1 |
| AUTHOR COUNT | 11 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2020 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 1 |
Inflation co-movement: New insights from quantile factor model
The growing empirical literature documents evidence on increasing global inflation co-movement across countries over time; however, little is known about the quantile co-movement structure of inflation. By introducing quantile factor model for a global sample of 151 countries from 1970 to 2023, this study provides new insights with respect to inflation co-movement. The quantile factor analysis sheds light on that (i) global inflation has a quanti…
What factors drive cross-country economic freedom convergence
Testing for Granger causality in heterogeneous panels with cross-sectional dependence
This paper proposes a panel Granger causality approach for heterogeneous panels with cross-sectional dependence. We define a panel VAR model with unobserved common factors and apply the PANIC procedure to obtain the de-factored data. We then estimate the lag augmented (LA)-VAR model for each cross section and construct the panel statistics based on the meta-analytic approach that combines the p -values of the individual statistics. The Monte Carl…
Nelson and Plosser revisited: Macroeconomic and financial stability of Turkey
Economic policy uncertainty and international tourist arrivals: A disaggregated analysis of the Croatian Adriatic coast
This is the first study to examine the differential impact of Croatian and European economic policy uncertainty indices while controlling for the real effective exchange rate and industrial production on international tourist arrivals for the seven coastal counties of Croatia and the country as a whole. The Toda-Yamamoto long-run causality modeling approach with a Fourier approximation is employed to capture structural shifts. This approach is pa…
The permanent or transitory nature of shocks to tourism expenditures and receipts: Evidence from new panel stationarity tests with breaks and factors
Tourism expenditures and receipts are an important component of many countries’ balance of payments. Indeed, the determination of whether shocks to tourism expenditures and receipts are permanent or transitory in nature is relevant to understanding the appropriate policy response. This study introduces new panel stationarity tests that simultaneously model structural breaks and a common factor structure. The results from several panel stationarit…
Stochastic convergence analysis of US state economic freedom sub-components: Evidence from unit root tests for bounded processes
This study tests for convergence of the three main sub-components of economic freedom (government spending, taxation, and labor market freedom) for the 50 US states from 1981 to 2019. In particular, we test for stochastic convergence using unit root tests that account for structural breaks and bounded processes. By controlling for these sources of parameter instability, we find limited evidence in favor of stochastic convergence across the three …
Sources of divergence in income in Indian states, 2001–2015
Income convergence of Indian states in the post-reform period: Evidence from panel stationarity tests with smooth structural breaks
This paper investigates income convergence of Indian states in the post-reform period when markets played a greater role in resource allocation. We analyze stochastic convergence of relative per capita incomes of 19 states for the period 1994–2018 by employing a recently developed panel data approach controlling for structural breaks as smooth shifts. Smooth shifts are modelled using a more flexible Fourier approach that does not require identify…
Tourism-induced pollutant emissions in Mediterranean countries: Evidence from panel causality analysis
There are ample studies that document the tourism-led growth for single countries and/or a specific region. The nexus on international tourist arrival-induced pollutant emissions and energy consumption has been ongoing in the related literature. This is pertinent, given its inherent implications for environmental sustainability. This study explores the growth impact of international tourist arrivals on quality of the environment in terms of a cau…
Income Convergence in Indian Districts: New Evidence From Panel Stationarity Test With Finite Time Dimension
This paper tests for income convergence at the district level in India taking into account district income for 388 districts in 12 states during 2001–2011. We study income convergence among districts within a state as well districts across states that share similar initial conditions. Given the finite sample property of the data, we conduct a novel panel stationarity test with a fixed time dimension. The findings do not support the convergence of…
Stochastic convergence analysis of US state economic freedom sub-components: Evidence from unit root tests for bounded processes
This study tests for convergence of the three main sub-components of economic freedom (government spending, taxation, and labor market freedom) for the 50 US states from 1981 to 2019. In particular, we test for stochastic convergence using unit root tests that account for structural breaks and bounded processes. By controlling for these sources of parameter instability, we find limited evidence in favor of stochastic convergence across the three …
Income Convergence in Indian Districts: New Evidence From Panel Stationarity Test With Finite Time Dimension
This paper tests for income convergence at the district level in India taking into account district income for 388 districts in 12 states during 2001–2011. We study income convergence among districts within a state as well districts across states that share similar initial conditions. Given the finite sample property of the data, we conduct a novel panel stationarity test with a fixed time dimension. The findings do not support the convergence of…
Tourism-induced pollutant emissions in Mediterranean countries: Evidence from panel causality analysis
There are ample studies that document the tourism-led growth for single countries and/or a specific region. The nexus on international tourist arrival-induced pollutant emissions and energy consumption has been ongoing in the related literature. This is pertinent, given its inherent implications for environmental sustainability. This study explores the growth impact of international tourist arrivals on quality of the environment in terms of a cau…
Sources of divergence in income in Indian states, 2001–2015
Income convergence of Indian states in the post-reform period: Evidence from panel stationarity tests with smooth structural breaks
This paper investigates income convergence of Indian states in the post-reform period when markets played a greater role in resource allocation. We analyze stochastic convergence of relative per capita incomes of 19 states for the period 1994–2018 by employing a recently developed panel data approach controlling for structural breaks as smooth shifts. Smooth shifts are modelled using a more flexible Fourier approach that does not require identify…
Economic policy uncertainty and international tourist arrivals: A disaggregated analysis of the Croatian Adriatic coast
This is the first study to examine the differential impact of Croatian and European economic policy uncertainty indices while controlling for the real effective exchange rate and industrial production on international tourist arrivals for the seven coastal counties of Croatia and the country as a whole. The Toda-Yamamoto long-run causality modeling approach with a Fourier approximation is employed to capture structural shifts. This approach is pa…
The permanent or transitory nature of shocks to tourism expenditures and receipts: Evidence from new panel stationarity tests with breaks and factors
Tourism expenditures and receipts are an important component of many countries’ balance of payments. Indeed, the determination of whether shocks to tourism expenditures and receipts are permanent or transitory in nature is relevant to understanding the appropriate policy response. This study introduces new panel stationarity tests that simultaneously model structural breaks and a common factor structure. The results from several panel stationarit…
Stochastic convergence analysis of US state economic freedom sub-components: Evidence from unit root tests for bounded processes
This study tests for convergence of the three main sub-components of economic freedom (government spending, taxation, and labor market freedom) for the 50 US states from 1981 to 2019. In particular, we test for stochastic convergence using unit root tests that account for structural breaks and bounded processes. By controlling for these sources of parameter instability, we find limited evidence in favor of stochastic convergence across the three …
Testing for Granger causality in heterogeneous panels with cross-sectional dependence
This paper proposes a panel Granger causality approach for heterogeneous panels with cross-sectional dependence. We define a panel VAR model with unobserved common factors and apply the PANIC procedure to obtain the de-factored data. We then estimate the lag augmented (LA)-VAR model for each cross section and construct the panel statistics based on the meta-analytic approach that combines the p -values of the individual statistics. The Monte Carl…
Nelson and Plosser revisited: Macroeconomic and financial stability of Turkey
Inflation co-movement: New insights from quantile factor model
The growing empirical literature documents evidence on increasing global inflation co-movement across countries over time; however, little is known about the quantile co-movement structure of inflation. By introducing quantile factor model for a global sample of 151 countries from 1970 to 2023, this study provides new insights with respect to inflation co-movement. The quantile factor analysis sheds light on that (i) global inflation has a quanti…
What factors drive cross-country economic freedom convergence
Economics (11 works) · Econometrics (9 works) · Fiscal Policy and Economic Growth (5 works) · Macroeconomics (5 works) · Monetary Policy and Economic Impact (5 works) · Panel data (5 works) · Economic Growth and Productivity (4 works) · Energy, Environment, Economic Growth (4 works) · Per capita income (4 works) · Demographic economics (3 works)