City and Regional Planning / Şehir ve Bölge Planlama
Permanent URI for this collectionhttps://hdl.handle.net/11147/4274
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Article Citation - WoS: 17Citation - Scopus: 15Analyzing Housing Price Determinants in Izmir Using Spatial Models(Elsevier, 2022) Sayın, Zeynep Melike; Elburz, Zeynep; Duran, Hasan EnginThe vast majority of the studies on house price dynamics focus on either structural/locational/demographic variables in a cross-sectional setting (i.e., hedonic price modeling) or on the impact of macroeconomic fundamentals in a time series framework. In this work, we argue that both approaches fall short of providing adequate information as cross-sectional analyses largely ignore the macro-dynamics, whereas time series approaches fail to incorporate the cross-sectional dimension. Current work combines both dimensions in a panel framework and provides, in this way, a methodological contribution as well as more informative analyses as it captures the impact of a wide array of variables. Thus, this study examines the housing prices in Izmir/Turkey by adopting the above-mentioned dimensions with both panel and spatial panel regressions. The study area consists of 212 neighborhoods located in different districts of Izmir. The period of analysis covers 30 months between 2017 and 2019. As an outcome of the empirical analyses, both structural/demographic, and macroeconomic variables were found evidently important. Hence, it is understood that all dimensions (structural/locational/demographic, macroeconomic) should be incorporated into comprehensive modeling. A high spatial dependence and positive spatial spillover effects were also detected.Article Citation - WoS: 4Citation - Scopus: 4Designing Urban Green İnfrastructures Using Open-source Data-an Example İn Çiğli, Izmir (turkey)(MDPI, 2022) Salata, Stefano; Erdoğan, Bensu; Ayruş, BersuThe city of Izmir (Turkey) has experienced one of the most rapid and fastest urbanization processes in the last thirty years; more than 33 thousand hectares of agricultural and seminatural land have been transformed into urban areas, leading to a drastic reduction of biodiversity and hard deployments of the ecosystem service supply. In this perspective, the potential definition of methodologies to design multifunctional green infrastructures is extremely important to challenge the effects of climate change. The aim of this study is to propose an easy and replicable methodology to design a Green Infrastructure at the neighbourhood level in one of the most important districts of Izmir: Çiğli. To this end, we combined historical land-use change analysis (based on Urban Atlas, Copernicus Land Monitoring Service) with environmental and ecosystem mapping in a Geographic Information System environment (ESRI ArcMap 10.8.1) while creating a composite layer based on unweighted overlays of Imperviousness, Tree Cover Density, and Habitat Quality. Results were used to design the Green Infrastructure of Çiğli and suggest context-based strategies for urban adaptation, including Nature-Based Solutions for core, edge, and urban links.Article Citation - WoS: 5Citation - Scopus: 5Marine Trade and Analysis of the Ports in the Black Sea Economic Cooperation Region(Routledge, 2022) Değerli Çiftçi, Burcu; Baycan, TüzinThis paper aims to (i) investigate the crucial role of marine trade, (ii) reveal the main characteristics and the integrating role of ports, (iii) analyse the networks of ports serving at the international level, produce route maps, and examine transportation corridors affecting the BSEC region that constitutes a significant part of Southeast Europe. In this context, we have carried out the social network analysis (SNA), which allows an understanding of the network structure, social dynamics, trends, and the actors' effects in the network. According to SNA, Romania - Constanta Port, Bulgaria - Burgas Port, Ukraine - Chornomorsk Port, Russian Federation - Novorossiysk Port, Georgia - Batumi Port, and Turkey - Samsunport are the most prominent ports of the region. Due to the features they have and their involvement in international transportation projects, the ports are a tool for directing/accelerating foreign trade and marine traffic and developing economic cooperation between countries in the Black Sea Region.Article Citation - WoS: 5Citation - Scopus: 5The Revival of the Feldstein-Horioka Puzzle and Moderation of Capital Flows After the Global Financial Crisis(Elsevier, 2022) Duran, Hasan Engin; Ferreira-Lopes, AlexandraThis study investigates the recent trend of the Feldstein-Horioka puzzle and the underlying reasons for moderation in capital flows. This issue is analysed quite inadequately for the period after the Global Financial Crisis, which represents a crucial turning point for economic climate and policies. The Feldstein-Horioka Puzzle is estimated using the World's 13 largest economies, with panel GMM regression, between 1996 and 2016. We uncover that the Global Financial Crisis had a persistent detrimental effect on capital liberalization, after which the Feldstein-Horioka puzzle has revived and capital mobility has decreased. We suggest two possible explanations for such moderation in capital flows: the increasing risk perception and risk aversion behaviour of fund supplying countries, which increases the home bias, and capital controls against free flow of capital that have been applied after the Global Financial Crisis of 2008/2009.