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Start Over Topic economic forecasting Language turkish Journal journal of yasar university / yasar universitesi e-dergisi
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1. TÜRKİYE İÇİN ENFLASYONU HIZLANDIRMAYAN KAPASİTE KULLANIM ORANI TAHMİNİ.

Author

ABDİOĞLU, Zehra

Subjects
*PRICE inflation, *ECONOMIC forecasting, *KALMAN filtering, *ESTIMATION theory, *ECONOMIC policy
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. [ABSTRACT FROM AUTHOR]

Published
2013