Arşiv ve Dokümantasyon Merkezi
Dijital Arşivi

Markups, endogenous market power and misallocation in Turkey

Basit öğe kaydını göster

dc.contributor Graduate Program in Economics.
dc.contributor.advisor Çakır, Selcen.
dc.contributor.author Karagöz, Korcan.
dc.date.accessioned 2023-10-15T18:01:23Z
dc.date.available 2023-10-15T18:01:23Z
dc.date.issued 2022
dc.identifier.other EC 2022 K37
dc.identifier.uri http://digitalarchive.boun.edu.tr/handle/123456789/19960
dc.description.abstract Analyzing firms’ market power and the related aggregate misallocation is one of the intriguing subjects of the macroeconomics research frontier. However, market power and misallocation are mostly treated as exogenous factors, and the literature mostly focus on the effects of the exogenous variation in misallocation on aggregate economic outcomes (Hsieh and Klenow (2009), Restuccia and Rogerson (2008), Fattal Jaef (2018)). Nonetheless, Peters (2020) built up a model with endogenous misallocation where firm’s market power is endogenously determined and via interrelated dynamics of the model, and the equilibrium distribution of markups emerges in the form of a Pareto distribution through which the impact of the market power can be explicitly observed. In this thesis, I will apply the model of Peters (2020) to Turkey, and I will use different samples in terms of the firm size and technology levels. The aim of this study is to reveal if there is any misallocation that is coming from potentially excessive level of market power, and to understand the implications of the market power in the aggregate outcomes. Furthermore, a counterfactual analysis will be done to understand what would happen if the entry barriers in Turkey become weaker, so that the Turkish economy will resemble a more competitive setting. Usually considered an emerging economy, this analysis will be fundamental to understanding the creative destruction related dynamics in Turkey.
dc.publisher Thesis (M.A.) - Bogazici University. Institute for Graduate Studies in Social Sciences, 2022.
dc.subject.lcsh Marketing -- Turkey.
dc.subject.lcsh Macroeconomics.
dc.title Markups, endogenous market power and misallocation in Turkey
dc.format.pages ix, 64 leaves


Bu öğenin dosyaları

Bu öğe aşağıdaki koleksiyon(lar)da görünmektedir.

Basit öğe kaydını göster

Dijital Arşivde Ara


Göz at

Hesabım