Economics Literature <p><strong>Economics Literature (eLit)</strong>, is designed to help researchers in the area of economics keep abreast of the vast flow of literature. <strong>Economics Literature</strong> issues contain commissioned, peer-reviewed survey and review articles, short communications, book reviews, an annotated bibliography of new books classified by subject matter, and a brief of dissertations in universities&nbsp;during the previous academic year.</p> <p>&nbsp;</p> en-US <p><strong>Economics Literature</strong> is an&nbsp;<strong>Open Access</strong>&nbsp;journal and provides immediate open access to its contents. The Journal aims to promote the development of global&nbsp;<a href="">Open Access</a>&nbsp;to scientific information and research. The Publisher provides copyrights of all online published papers (except where otherwise noted) for free use of readers, scientists, and institutions (such as link to the content or permission for its download, distribution, printing, copying, and reproduction in any medium, except change of contents and for commercial use), under the terms of&nbsp;<a href="">Creative Commons Attribution-NonCommercial (CC BY-NC) License</a>, provided the original work is cited.&nbsp;<a href="">Written permission</a>&nbsp;is required from the publisher for use of its contents for commercial purposes.</p> <p><img src="" alt="Creative Commons Lisansı"></p> (Yılmaz Kılıçaslan) (Oytun Meçik) Wed, 30 Jun 2021 00:00:00 +0000 OJS 60 Significant Issues of Nuclear Energy Investment Decisions for Energy Importer Countries <p>Nuclear energy investments are important for the social and economic development of countries. Thanks to these investments, no carbon gas is released into the atmosphere while providing energy. This situation prevents the environmental pollution problem. On the other hand, nuclear energy contributes to countries to obtain uninterrupted electricity. However, the installation of nuclear power plants is now difficult. A serious technological infrastructure is required to build these facilities. This situation is especially important for countries that do not yet have nuclear power plants. In order to increase the use of nuclear energy in these countries, support from nuclear energy companies is required. However, nuclear energy investors may not want to invest in every country. In this study, the factors that affect the investment decisions of nuclear energy investors are analyzed. In this framework, a detailed literature analysis was performed, and 4 different criteria were determined. An analysis was carried out using the Entropy method to determine the most important factor among these factors. According to the results of the analysis, it is determined that the socio-political factors in the country have the most importance in the decisions of nuclear energy investors. Considering these issues, it is understood that countries should pay attention to public acceptance to attract the attention of nuclear energy investors.</p> Hasan Dinçer, Gülsüm Sena Uluer ##submission.copyrightStatement## Sat, 17 Jul 2021 00:00:00 +0000 Evaluation of Ecological Economics in the Context of Ontology, Epistemology and Methodology <p><audio class="audio-for-speech"></audio></p> <div class="translate-tooltip-mtz hidden"> <div class="header"> <p>There is no clear consensus on what will be the ontological foundations of ecological economics. A similar situation is valid for the epistemologies related to ecological economics and the methodologies to be constructed afterward. In this study, evaluations have been made on the subject area, which tries to contribute from many fundamentals. As a result of the evaluations, it was concluded that instead of subjective judgments about the foundation that is in the process of being formed, the ecological reality dominated by causation can be beneficial for a more effective scientific activity.</p> </div> </div> Cengizhan Güler ##submission.copyrightStatement## Fri, 30 Jul 2021 21:06:22 +0000 The Covid-19’s Impact on Stock Prices among Different Sectors - An Event Study Based on the Istanbul Stock Exchange Market <p>The Covid-19 pandemic has deeply affected our health and social life as well as the financial markets. Although the global economic effects of the coronavirus are not yet clear, it is observed that there is a reaction in the financial markets to the developments related to the pandemic. Studies show that the pandemic has strong impact on stock markets and increases uncertainty. The purpose of this study is to examine whether the stock prices of companies traded on the Istanbul Stock Exchange Market between 02.14.2019 and 04.01.2020 are affected by the Covid-19 pandemic. In this context, the stock prices of the six major sectors traded and thought to be affected in Istanbul Stock Exchange Market during the period examined were analyzed using the "event study" method of the effects of Corona virus. In the analysis, the event window was taken as (- 15, + 15) trading days. The effects of the Corona virus in the relevant period were examined separately for each company in the selected sectors, and after calculating the abnormal returns, the effect on the average abnormal returns and cumulative abnormal returns were analyzed. &nbsp;According to the research results; when the general picture of selected sectors in Covid-19 is examined, statistically significant negative average cumulative abnormal returns are obtained. According to these results, Istanbul Stock Exchange has affected by Covid-19 pandemic during the period under examination.</p> Asena Deniz, Fatih Kılıç ##submission.copyrightStatement## Fri, 30 Jul 2021 21:07:30 +0000 Investigation of Consumers’ Purchase Behaviors by Gender in the Pandemic Process <p>The COVID-19 pandemic that emerged in late 2019 significantly affected the whole world. Policies used by governments to prevent the COVID-19 pandemic have also affected the behavior of consumers. It is not easy to predict how the pandemic, which emerged as an unusual situation, will affect the purchasing behavior of consumers. In the study, it is aimed to investigate the effect of COVID-19 on the purchasing behavior of consumers depending on the gender factor. For this purpose, the survey method was applied in the study. The sample of the study consists of 397 people. The study was conducted on Turkey. T-test and variance analysis were used in this survey study. According to the findings obtained as a result of the research, it has been determined &nbsp;that the behavior of consumers changed significantly during the COVID-19 period and these changes were especially aimed at meeting the physiological and safety needs, which are one of their basic needs. A significant difference was observed in the behaviors of women and men. It has been observed that women shop more in case of panic, while men are more interested in online consumption. There have also been cases where men and women exhibit similar behavior. For example, it has been found that the demand for healthy nutrition and hygiene products has increased significantly for both women and men during the epidemic period.</p> Esra Koç, Fatma Fehime Aydın ##submission.copyrightStatement## Fri, 30 Jul 2021 21:08:03 +0000 Relationship Between Foreign Direct Investment and Income Inequality: Literature Review <p>In the literature, it is possible to come across studies examining the effect of foreign direct investment (FDI) on income inequality. In this study, a literature review has been conducted in order to better consideration the effect of FDI on income inequality. In this context, the main purpose of the study is to reveal the effect of FDI on income inequality within the framework of theoretical approaches based on empirical study findings. In addition, the study aims to contribute to the debates on the effects of foreign direct investment on income inequality. The findings of the studies on the relationship between FDI and income inequality shows differences. In some of the studies examined, there are findings supporting that FDI increases income and wage inequality. On the other hand, some other studies have found evidences that FDI reduces income inequality. Otherwise, there are also studies showing that FDI does not have a significant effect on income inequality.</p> Yeter Kaplan, Munise Tuba Aktaş ##submission.copyrightStatement## Sun, 01 Aug 2021 20:23:18 +0000 The Relationship between Financialization and Price Stability in the Turkish Economy <p>Ekonomide finans sektörünün payının diğer sektörlere nazaran giderek arttığını ifade etmek üzere kullanılan finansallaşma kavramı, 1970’li yılların ortasında başlayan bir süreç olsa da 1980’li yıllarda sermayenin uluslararası nitelik kazanmasıyla birlikte daha da hız kazanmıştır. 1980 sonrası dünya ekonomisinde neo-liberalizmin egemen hale gelmesi ile ekonomiler giderek küreselleşmiş ve finansal piyasalar öne çıkmaya başlamıştır. 20. yüzyılın sonlarından itibaren teknolojik gelişmeler sonucu finansal ürünlerin çeşitliliğinin artması, finansal yatırım ve gelirlerdeki artış, dış ticaret hacminde görülen genişleme ve uluslararası sermayenin dolaşımının hızlanması, finansallaşma sürecinin hız kazanmasında etkili olmuştur. Türkiye ekonomisinde de yaşanan liberalizasyon ile finansallaşma yaşanmıştır. Bu çalışmada, Türkiye ekonomisinin dışa açılma süreci sonrasında yaşadığı finansallaşma süreci ve bu sürecin fiyat istikrarı ile ilişkisi ele alınmıştır.</p> Mehriban Heydarova ##submission.copyrightStatement## Sun, 01 Aug 2021 20:23:48 +0000