Browsing by Subject "Complementarity"
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Item Open Access FDI, productivity and financial development(Wiley-Blackwell Publishing Ltd., 2009) Alfaro, L.; Ozcan, S. K.; Sayek, S.This paper examines the effect of foreign direct investment (FDI) on growth by focusing on the complementarities between FDI inflows and financial markets. In our earlier work, we found that FDI is beneficial for growth only if the host country has well-developed financial institutions. In this paper, we investigate whether this effect operates through factor accumulation and/or improvements in total factor productivity (TFP). Factor accumulation - physical and human capital - does not seem to be the main channel through which countries benefit from FDI. Instead, we find that countries with well-developed financial markets gain significantly from FDI via TFP improvements. These results are consistent with the recent findings in the growth literature that shows the important role of TFP over factors in explaining cross-country income differences. © 2009 The Authors Journal compilation © 2009 Blackwell Publishing Ltd.Item Open Access Implementation of a continuation method for nonlinear complementarity problems via normal maps(Bilkent University, 1997) Erkan, AliIn this thesis, a continuation method for nonlinear complementarity problems via normal maps that is developed by Chen, Harker and Pinar [8] is implemented. This continuation method uses the smooth function to approximate the normal map reformulation of nonlinear complementarity problems. The algorithm is implemented and tested with two different plussmoothing functions namely interior point plus-smooth function and piecewise quadratic plus-smoothing function. These two functions are compared. Testing of the algorithm is made with several known problems.Item Open Access Track two diplomacy from a track one perspective: comparing the perceptions of Turkish and American diplomats(Brill - Nijhoff, 2007) Gürkaynak, E. Ç.Although it is often implicitly assumed by track two practitioners that track two efforts are complementary to official negotiations and are welcomed by official actors, little is known about the actual perceptions of these efforts by official parties, especially in the context of non-Western countries. Turkey, as one of these countries, was exposed to numerous track two efforts in the last decade. A survey of Turkish diplomats was conducted to explore how interventions by American- and European-based track two actors are perceived by the track one community in a developing and non-Western country. The Turkish diplomats' perceptions are organized around four categories: who are the track two actors, contributions of track two diplomacy, problems caused by track two diplomacy, and ideas concerning track two-track one cooperation. Then, the perceptions of Turkish and American diplomats are compared to assess whether their perceptions of track two diplomacy differ and, if so, in what particular ways they differ. The theoretical and practical implications of the findings are discussed and ideas for future research proposed. © 2007 Martinus Nijhoff Publishers.