Transportation–Communication Capital and Economic Growth: A VECM Analysis for Turkey

This paper analyses the short- and long-term relationships between the transportation–communication capital and the output for Turkey. The study applies a Cobb–Douglas production function under the assumption of constant returns to scale and employs co-integration analysis by estimating a vector error correction model (VECM). As a result of the VECM estimation, one co-integrating relationship is detected. The results based on the impulse response function analysis imply that per labour transportation–communication capital appears both to have been a crucial input in the Turkish productive process and to have had a positive crowding in effect on the per labour non-residential total capital formation. Moreover, the results support the argument that the transportation–communication capital has a lagged impact on economic growth. The long-term accumulated elasticity of output to transportation–communication capital has been found to be 0.59. The long-term accumulated marginal product was also calculated. It implies that a 1 Turkish Lira increase in per labour transportation–communication capital results in a long-term rise of 1.45 Turkish Liras in per labour output. All these findings suggest that transportation–communication capital may be a powerful tool for policy-makers to promote long-term per labour real output growth in Turkey.     

Interwoven Ottoman and British cultural policies in the case of the Crimea Memorial Church

Accepted as a constitutional principle after the establishment of the republic in Turkey, secularism has been a widely discussed subject on the Turkish political and intellectual agendas, especially over the last two decades. This paper enquires into the earliest steps of secularism taken in the early nineteenth-century Ottoman era, during which a large number of domestic socio-economic incidents blended with the international ones, in the case of the Crimea Memorial Church, an Anglican church in Istanbul, which points to radical shifts of the Ottoman cultural policies.