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Journals / Journal of Yasar University / 2013 / Cilt: 8 - Sayı: 31

Estimation of non-accelerating inflation rate of capacity utilization for Turkey

Türkiye için enflasyonu hızlandırmayan kapasite kullanım oranı tahmini

ZEHRA ABDİOĞLU
Pages
5296–5323
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

In addition, supply shocks do not adversely affect the positive relationship between capacity utilization rate and inflation rate.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:In this study, the relationship between capacity utilization rate and inflation rate is investigated for Turkey by using both OLS and Kalman filter analysis.
📊
Key Findings & Data:The data used in this study are monthly and cover the periods of 1991-2006 and 2007-2012.
💡
Conclusion & Impact:In addition, supply shocks do not adversely affect the positive relationship between capacity utilization rate and inflation rate.
🔬Design:Modeling & Simulation
📍Scope:2006 Verileri
⚙️Variables:Domain Parameters

Abstract

In this study, the relationship between capacity utilization rate and inflation rate is investigated for Turkey by using both OLS and Kalman filter analysis. The data used in this study are monthly and cover the periods of 1991-2006 and 2007-2012. Supply shocks are added to the model by following McElhattan (1985). In this paper, the non-accelerating inflation rate of capacity utilization is estimated for Turkey. According to findings, this rate takes values between 76-79 % on average. In addition, supply shocks do not adversely affect the positive relationship between capacity utilization rate and inflation rate.

Özet

Bu çalışmada Türkiye için kapasite kullanım oranı ile enflasyon oranı arasındaki ilişki hem En Küçük Kareler (EKK) hem de Kalman filtre analizi kullanılarak incelenmiştir. Çalışmada ele alınan veri seti aylık olup 1991-2006 ve 2007-2012 dönemlerini kapsamaktadır. McElhattan (1985)’ın çalışması izlenerek modele arz şokları ilave edilmiştir. Çalışmada Türkiye için enflasyonu hızlandırmayan kapasite kullanım oranı tahmin edilmiştir. Elde edilen sonuçlara göre bu oran ortalama olarak %76-%79 arasında değerler almaktadır. Ayrıca arz şokları, enflasyon oranı ve kapasite kullanım oranı arasındaki pozitif ilişkiyi olumsuz etkilememektedir.

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Cite This Article

ABDİOĞLU, Z. (2013). Estimation of non-accelerating inflation rate of capacity utilization for Turkey. Journal of Yasar University, Cilt: 8 - Sayı: 31, 5296–5323. https://ajindex.com/articles/220364

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References (14)

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