Önder, Kubra; Sahin, Muhammet

The automobile industry is one of the leading industries for economic growth and development of countries in terms of value added and export value. Consumer demand for automobiles exhibits a continuous fluctuation depending on the SCT (Special Consumption Tax) policy. The aim of this study is to analyze the impact of the change in SCT rates on automobile demand using panel co-integration method for Fiat, Ford, Toyota, Renault, Honda and Hyundai brands which have factories in Turkey. In the study, monthly time series data of January 2014 and February 2017 period has been used and increase in SCT rate, auto loan interest rates and petrol prices have a negative impact on personal automobile demand.

Önder, Kubra; Sahin, Muhammet

Textile sector, as one of the oldest industries of the world, has become a leading sector in economic development of the developing countries both in terms of export, added-value and production process. The sector operating under constantly changing global market conditions is affected by internal and external developments very quickly. In a competitive environment brought about by the global economic life, countries are implementing incentive and subsidy policies which are one of the economic policy instruments. In this context, the objective of this study is to examine the effectiveness of the incentive policies for the textile sector using quarterly data for the period 2001-2015. When empirical evidence obtained through Vector Error Correction Model (VECM) is examined, it is concluded that incentive policies applied for textile industry are consistent with economic expectations.