Template-Type: ReDIF-Article 1.0 Author-Name: Burcu KILINÇ SAVRUL Author-Email: kilincburcu@hotmail.com Author-Workplace-Name: Çanakkale Onsekiz Mart Üniversitesi Author-Name: Basri ÇOLAK Author-Email: basri@comu.edu.tr Author-Workplace-Name: Çanakkale Onsekiz Mart Üniversitesi Title: EFFECT OF DIRECT FOREIGN CAPITAL INVESTMENTS ON SOME SELECTED MACRO-ECONOMIC VARIABLES: TIME SERIES ANALYSIS FOR TURKEY Abstract: Insufficient capital can be given as the first of all problems that developing countries encounter in their economic development experience. Countries attempt to attract foreign direct capital investments which function effectively in increasing production and employment for economic development. Several research studies prove foreign direct investment’s contribution to national capital savings, gave pace to economic development and restructuring. Moreover capital can be given as the fastest transferrable production factor due to the technological progresses around the world. Today it is even faster to construct flows of capital. Developed nations export capital and developing countries try to enter phase of economic development by using the mentioned capital. Direct foreign capital investments positively affect GDP and development rates of many countries by influencing several economic factors. Thus, the study aims to investigate the effects of direct foreign capital investments in Turkey on some selected economic variables. The data used in the study was analyzed by Gauss codes and Eviews 10.0 to reveal the long and short term relationship of direct foreign investment with some selected economic indicators. The study also included several tests namely, Kapetanios (2005) multiple structural breakdown unit root test to investigate the series’ stationary status, Maki (2012) multiple structural breakdown test to investigate cointegration relationship among the series, Fully modified ordinary least square, FMOLS test to investigate long and short terms analysis for quarter periods between the dates of 1998 to 2018. Structural breakdown unit root test used in the study demonstrated that the series included in the study were stationary when the first difference is taken into consideration and following the multiple structural breakdown cointegration test the relationship among the series existed. Long term cointegration coefficients were analyzed by using FMOLS (Full Modified OLS) method. According to the obtained results direct foreign investment variable were statistically significant among other variables. The study concluded that direct foreign investment had negative effect on domestic investments and positive effect on economic growth, unemployment and budget deficit. Positive relationship was parallel to the other studies in the literature. Morever, the results revealed in the study were suitable to theoretical expectations. According to Granger causality test results one way causality relationship was found from direct foreign investment to investment. Direct foreign investment was 1% cause of investment ratio and ratio of investment was the cause of direct foreign investments. Although a long term relationship existed among direct foreign investment and economic growth, budget deficit, domestic savings and unemployment no direct causality relationship existed. Shortly, except for the growth no causality relationship was found for other variables. Journal: Eurasian Academy of Sciences Social Sciences Journal Pages: 1-29 Volume: 31 Issue: 31 Year: 2020 Month: Mar DOI: 10.17740/eas.soc.2020.V31-01 File-URL: https://eurasianacademy.org/index.php/socialsciences/article/view/299 File-Format: Application/pdf Handle: RePEc:eas:journl:v:31:y:2020:i:31:p:1-29 Template-Type: ReDIF-Article 1.0 Author-Name: Burcu KILINÇ SAVRUL Author-Email: kilincburcu@hotmail.com Author-Workplace-Name: Çanakkale Onsekiz Mart Üniversitesi Author-Name: Melih KAYNAK Author-Email: melihkaynak11@gmail.com Author-Workplace-Name: Çanakkale Onsekiz Mart Üniversitesi Title: THE EFFECT OF SECTORAL EXPORT ON EMPLOYMENT PANEL DATA ANALYSIS FOR TURKEY Abstract: In this study the relationship between exports and employment in the sector based on seven years of 19942017 were examined for Turkey, considered positive relationship between employment and exports and all these cases were evaluated for Turkey. In this context, the effect of sectoral exports on employment in export-driven growth model was investigated. Due to the lack of data between 1980 and 1994, these years were the oretically discussed. In the continuation of the study, the relationship between exports on employment in “Agriculture, Forestry and Fisheries, Mining and Quarrying, Manufacturing Industry, Social, Social and Personal Services, Real Estate and Public Works, Wholesale and Retail Trade, Electric Gas and Water sectors” for seven sectors between 1994-2017 detection is targeted. In this study, panel data analysis was performed and homogeneity test was performed in the first stage and then the independence of the horizontal section was tested. First and second generation stasis tests were performed for stasis. In the later stage, Carrion-i Sivestre et al. It was determined that the variables were stationary for the first order difference. Basher and Westerlund (2009) test using multiple structural fracture cointegration analysis, long-term cointegration coefficient predictions were implemented with the Fully Modified Least Squares method. The long-term relationship between the estimation of long-term coefficients and export and employment was determined. The short-run relationship was tested with the short-term analysis, error correction model and 0.175 effect coefficient was determined between export and employment in the short run and 0.185 in the long run, and 36.4% deviation was eliminated each year in the short run and the two variables came to equilibrium in the long run. In the last phase of the study, causality between the series Dumitrescu and Hurlin (2012) Causality analysis was performed and a oneway causality relationship from export to employment was determined. Journal: Eurasian Academy of Sciences Social Sciences Journal Pages: 30-62 Volume: 31 Issue: 31 Year: 2020 Month: Mar DOI: 10.17740/eas.soc.2020.V31-02 File-URL: https://eurasianacademy.org/index.php/socialsciences/article/view/300 File-Format: Application/pdf Handle: RePEc:eas:journl:v:31:y:2020:i:31:p:30-62 Template-Type: ReDIF-Article 1.0 Author-Name: Gülsemin HACER Author-Email: ghazer@sakarya.edu.tr Author-Workplace-Name: Sakarya Üniversitesi Title: CARNIVALESQUE ELEMENTS IN THE GÖÇ NOVEL Abstract: Azerbaijani writer Mevlüt Süleymanlı's Göç (Migrations) novel, tells long history of Karakelle generation and focus important people's life of this generation. In this work, the migration novel was examined ın the context of Mikhail Bahtin 's carnival theory. A generation's important people placed at the center of the narrative. This situation is quashed the flow of classic novel but it allows to hear different sounds ın the novel. Throughout the dramatic action that is constituent narrative pattern, experienced many unusual events in Karakelleler's mythical history who are changed to resident life from nomadism. The fictional people's strange habit and behaviours that from creation and the surreal events, add fairytale and a mythological reality. The life that is continued in dreams, spells and hugenessses, transport a multicolored world to the novel. With the plurality and complexity in narrative pattern the Göç (Migration), is carried on site many features that Mikhail Bahtin determined for carnivalesque novel. This novel was used oppositions like death/birth/regeneration, madness/ wisdom and imageries like wedding/ feast. From this point the novel can be appreciated as a carnivalesque novel. Also, ın the novel was used a different perception of reality. In this respect the novel is acceptable as a carnivalesque novel. Journal: Eurasian Academy of Sciences Social Sciences Journal Pages: 63-76 Volume: 31 Issue: 31 Year: 2020 Month: Mar DOI: 10.17740/eas.soc.2020.V31-03 File-URL: https://eurasianacademy.org/index.php/socialsciences/article/view/301 File-Format: Application/pdf Handle: RePEc:eas:journl:v:31:y:2020:i:31:p:63-76 Template-Type: ReDIF-Article 1.0 Author-Name: Gülfidan AYTAŞ Author-Email: gulfidan@sakarya.edu.tr Author-Workplace-Name: Sakarya Üniversitesi Title: THE RELATIONSHIP BETWEEN RECEPTION AESTHETICS AND TRANSLATOR Abstract: The translation of a text provides for an understanding of the text. Translation will therefore require interpretation in all cases. You cannot translate text without understanding or interpreting it. For the process of understanding and transferring, it is necessary to examine the relationship of the translator with the product and the author as a reader. It will be revealed in this review that the author presents, the product is presented, and the reader is the element that buys, perceives, imagines or evaluates. The clarity found in the text of the letter allows them to be re-collated in the reader's world, while the reader fills in empty fields in the text, and the translator produces target text according to his or her discourse area. In this way, changes in both the aesthetic value and the meaning of the text of the literature can occur. Based on these thoughts, the relationship of literary works with readers, German teaching and translators was studied in this study. The phenomenon of literature, which does not reflect only the truth, is discussed here from the point of view of reception aesthetics. As opposed to the fact that the work of the literature cannot be reduced to a single meaning, it was wanted to show its connection with the purchasing elements by keeping its polyvalence at the forefront. Journal: Eurasian Academy of Sciences Social Sciences Journal Pages: 77-85 Volume: 31 Issue: 31 Year: 2020 Month: Mar DOI: 10.17740/eas.soc.2020.V31-04 File-URL: https://eurasianacademy.org/index.php/socialsciences/article/view/302 File-Format: Application/pdf Handle: RePEc:eas:journl:v:31:y:2020:i:31:p:77-85 Template-Type: ReDIF-Article 1.0 Author-Name: Yıldırım Ercan ÇALIŞ Author-Email: ecalis@marmara.edu.tr Author-Workplace-Name: Marmara Üniversitesi Author-Name: İbrahim GEREKLİ Author-Email: ibrahim.grkli@gmail.com Author-Workplace-Name: Marmara Üniversitesi Title: A STUDY ON EFFECTS OF FINANCIAL RATIO OF PUBLICLY-TRADED ENERGY COMPANIES ON STOCK MARKET PERFORMANCE Abstract: In this work, the relationship between the financial ratios and the closing prices of the stock market is examined of the energy companies. In this work, the financial reports were examined of 10 firms operating in the energy sector. The ratios of these firms are calculated as cash ratio, current ratio, market value/book value, net profit margin, profit per share, active turnover rate, short term debt/asset ratio, short term financial debt / total debt, equity capital and gross main activity profit margin. Between these calculated rates and the closing prices of the stock, firstly the extreme values were taken into consideration and then the correlation values were analyzed by removing the extreme values. Finally, Granger causality analysis was conducted. results achieved. According to the correlation analysis; There is a significant relationship between the share price per share, short-term debt / short-term debt, short-term debt / short-term debt and return on equity. However, no significant relationship was found between the cash ratio, current ratio, market value / book value, net profit margin and gross operating profit margin ratios and stock market closure values. According to Granger causality analysis, it was found that there was no significant result. Journal: Eurasian Academy of Sciences Social Sciences Journal Pages: 86-99 Volume: 31 Issue: 31 Year: 2020 Month: Mar DOI: 10.17740/eas.soc.2020.V31-05 File-URL: https://eurasianacademy.org/index.php/socialsciences/article/view/303 File-Format: Application/pdf Handle: RePEc:eas:journl:v:31:y:2020:i:31:p:86-99 Template-Type: ReDIF-Article 1.0 Author-Name: İzzettin ULUSOY Author-Email: iulusoy@mku.edu.tr Author-Workplace-Name: Hatay Mustafa Kemal Üniversitesi Title: CURRENT ACCOUNT DEFICIT AND SUSTAINABILITY Abstract: With the phenomenon of globalization increasing rapidly all over the world after the 1980s and widespread neoliberal economic policies, the opening up of the economy to all countries was encouraged and there was a significant increase in the trade of goods and services between countries. In this period, the current account deficit problem emerged as an important indicator of an economic crisis, especially in the open economy of developing countries. The current account deficit and whether this problem is sustainable has been the subject of important studies and an important literature has been created in this regard. Within the framework of liberalization policies introduced after 1980s for our country, open economic development was encouraged. In this period when the open economy was encouraged, the current account deficit increased in the Turkish economy and played a major role as a problem especially in the economic crises that emerged in the 1990s and beyond. Between 2000 and 2019, it was observed that the current account deficit was high in the years when the growth rates were high. Journal: Eurasian Academy of Sciences Social Sciences Journal Pages: 100-110 Volume: 31 Issue: 31 Year: 2020 Month: Mar DOI: 10.17740/eas.soc.2020.V31-06 File-URL: https://eurasianacademy.org/index.php/socialsciences/article/view/304 File-Format: Application/pdf Handle: RePEc:eas:journl:v:31:y:2020:i:31:p:100-110 Template-Type: ReDIF-Article 1.0 Author-Name: Yılmaz BAYAR Author-Email: yilmaz.bayar77@gmail.com Author-Workplace-Name: Uşak Üniversitesi Author-Name: Seher UYSAL Author-Email: uysalseher33@gmail.com Author-Workplace-Name: Uşak Üniversitesi Title: ECONOMIC, INSTITUTIONAL, POLITICAL, SOCIAL AND CULTURAL DETERMINANTS OF FOREIGN DIRECT INVESTMENTS Abstract: Foreign direct investments have begun to increase as of 1980s and become an important source of investment and technological transfer especially for developing countries and emerging economies. Many countries have tried to attract foreign direct investments through institutional and economic instruments considering the positive effects of foreign direct investments. This study reviews the related literature about the determinants of foreign direct investment inflows and presents the economic, institutional, political, social and cultural determinants of foreign direct investments. Journal: Eurasian Academy of Sciences Social Sciences Journal Pages: 111-127 Volume: 31 Issue: 31 Year: 2020 Month: Mar DOI: 10.17740/eas.soc.2020.V31-07 File-URL: https://eurasianacademy.org/index.php/socialsciences/article/view/305 File-Format: Application/pdf Handle: RePEc:eas:journl:v:31:y:2020:i:31:p:111-127