Cagin Karul
Biographic Data
| ID | 704889 |
|---|---|
| NAME | Cagin Karul |
| GIVEN NAMES | Cagin |
| FAMILY NAME | Karul |
| SIGNATURE | KARUL C |
| AFFILIATIONS | Pamukkale University |
| ORCID | 0000-0002-5856-930X |
| VERIFIED | Yes |
| TOTAL WORKS | 8 |
| TOTAL CITATIONS | 1 |
| AUTHOR COUNT | 8 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2019 |
| 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…
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…
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 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…
The effect of economic factors on suicide: An Analysis of a Developing Country
Purpose This study aims to examine the effects of industrial production (IP), inflation and investment on suicide mortality in Turkey as a developing country over the 1988–2018 period. Design/methodology/approach Fourier cointegration test and dynamic ordinary least square regression were used in this study. Findings IP and investment have a statistically significant and negative impact on suicide mortality, whereas inflation has a statistically …
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…
Life expectancy and trade openness: Causality in Latin America
Purpose The aim of this research is to investigate the causal relationship between trade openness (TO) and life expectancy (LE) at birth in Latin American countries over the period of 1980–2014. Design/methodology/approach The bootstrap panel Granger causality test proposed by Emirmahmutoglu and Kose (2011) was used to determine the direction of causality in the presence of cross-sectional dependency and heterogeneity among Latin American countri…
Structural Changes and Purchasing Power Parity in Turkish Exchange Rates
We re-examine the purchasing power parity (PPP) hypothesis for Turkey by concentrating on modelling structural changes as sharp (with dummy variables) and smooth (with a Fourier approximation) process. The results show (i) more evidence in favor of PPP hypothesis when structural changes are taken into account and (ii) modelling the shifts with different approaches plays a crucial role for policy implications
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 …
Structural Changes and Purchasing Power Parity in Turkish Exchange Rates
We re-examine the purchasing power parity (PPP) hypothesis for Turkey by concentrating on modelling structural changes as sharp (with dummy variables) and smooth (with a Fourier approximation) process. The results show (i) more evidence in favor of PPP hypothesis when structural changes are taken into account and (ii) modelling the shifts with different approaches plays a crucial role for policy implications
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…
Life expectancy and trade openness: Causality in Latin America
Purpose The aim of this research is to investigate the causal relationship between trade openness (TO) and life expectancy (LE) at birth in Latin American countries over the period of 1980–2014. Design/methodology/approach The bootstrap panel Granger causality test proposed by Emirmahmutoglu and Kose (2011) was used to determine the direction of causality in the presence of cross-sectional dependency and heterogeneity among Latin American countri…
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…
The effect of economic factors on suicide: An Analysis of a Developing Country
Purpose This study aims to examine the effects of industrial production (IP), inflation and investment on suicide mortality in Turkey as a developing country over the 1988–2018 period. Design/methodology/approach Fourier cointegration test and dynamic ordinary least square regression were used in this study. Findings IP and investment have a statistically significant and negative impact on suicide mortality, whereas inflation has a statistically …
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…
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…
Econometrics (8 works) · Economics (8 works) · Monetary Policy and Economic Impact (4 works) · Demographic economics (3 works) · Demography (3 works) · Economic Growth and Productivity (3 works) · Fiscal Policy and Economic Growth (3 works) · Mathematics (3 works) · Panel data (3 works) · Physics (3 works)