Assoc. Prof. Dr. Ugur Soytas

ERASMUS Coordinator

METU, Department of Business Administration

(last update: 15.09.2009)

PERSONAL:

Marital Status:       Married to Füsun Öner

Children:                 Talya Soytaş

                                Tuna Soytaş

Date of birth:          20.04.1972

Military service:    completed

 

EDUCATION:

Ph.D. (2001), Texas Tech University, Economics.

M. B. A. (1996), Texas Tech University, Business School

B. Sc.(1994), Middle East Technical University, Business Administration.

 

EDITORIAL WORK AND REFEREEING

EDITORIAL WORK

Editorial Board Member of Energy Economics

Editorial Board Member of International Journal of Information and Operations Management Education (IJIOME)

Akademik Bilimsel Kurul, Enerji, Piyasa ve Duzenleme Dergisi

Board of Reviewers for Kocaeli Üniversitesi İİBF Dergisi

 

AD-HOC REFEREE 

Energy Economics, Energy Policy, Ecological Economics, Energy Journal, Physica A, Environmental and Resource Economics, METU Studies in Development, International Review of Economics and Finance, Environment and Development Economics, Climatic Change, AIBU Ekonomik ve Sosyal Arastirmalar Dergisi, Kocaeli Üniversitesi İİBF Dergisi, Applied Financial Economics, Emerging Markets Finance and Trade

 

PUBLICATIONS IN REFEREED INTERNATIONAL JOURNALS (* SSCI or SCI, ** EconLit)

  1. “Dynamics of Oil Price, Precious Metal Prices, and Exchange Rate” forthcoming in Energy Economics* (with Ramazan Sari and Shawkat Hammoudeh)

  2. “World Oil Prices, Precious Metal Prices and Macroeconomy in Turkey” Energy Policy*  37, pp. 5557-5566, 2009. (with Ramazan Sari, Shawkat Hammoudeh and Erk Hacihasanoglu)

  3. “Modeling the Firm Population Dynamics: An Application to the Turkish Manufacturing Industry for the 1950-2000 Period” forthcoming in International Journal of Business and Economics**

  4. “Can macroeconomic variables improve the forecasts of foreign reserve levels in Turkey?” forthcoming in Empirical Economics Letters. (with Erk Hacihasanoglu)

  5. “The Relationship between Energy Consumption, Output and Employment in OPEC Countries” Applied Energy* 86, pp. 1887-1893, 2009. (with Ramazan Sari)

  6. “Energy Consumption, Income, and Carbon Emissions: Challenges Faced by an EU Candidate Member” Ecological Economics* 68: 1667-1675, 2009 (with Ramazan Sari)

  7. "The Relationship Between Disaggregate Energy Consumption and Industrial Production in the United States: An ARDL Approach." Energy Economics* 30: 2302-2313, 2008. (with Ramazan Sari and Bradley T. Ewing)

  8. “The relationship between energy and production: Evidence from Turkish manufacturing industry.” Energy Economics* 29: 1151-1165, 2007 . (with Ramazan Sari) The data used in this paper is available HERE in xls.

  9.  "Energy Consumption, Income, and Carbon Emissions in the United States." Ecological Economics*  62: 482-489, 2007. (with Ramazan Sari and Bradley T. Ewing)

  10. “The Growth of Income and Energy Consumption in Six Developing Countries.” Energy Policy* 35 (2): 889-898, 2007. (with Ramazan Sari)
  11. “Disaggregate Energy Consumption and Industrial Output in the United States.” Energy Policy* 35 (2): 1274-1281, 2007. (with B.T. Ewing and R. Sari)
  12. “Long run relationship between entry and exit: Time series evidence from Turkish manufacturing industry.” Economics Bulletin**, Vol. 12 (10), pp. 1-12, Oct. 2006. Full text available here.
  13. "Can China contribute more to the fight against global warming?"  Journal of Policy Modeling*, 28(8): 837-846, Nov. 2006. (with Ramazan Sari)

  14. “The Relationship between Stock Returns, Crude Oil Prices, Interest Rates, and Output: Evidence from a Developing Economy”  The Empirical Economics Letters**  5(4): 205-220, July 2006. (with Ramazan Sari)

  15. “Energy Consumption and Income in G-7 Countries.”  Journal of Policy Modeling* 28(7): 739-750, Oct. 2006.  (with Ramazan Sari)

  16. “Income and education in Turkey: A Multivariate Analysis.”  Education Economics**  14(2), pp. 181-196, 2006. (with Ramazan Sari)

  17. “Physical and Ergonomic Hazards in Textile, Chemicals, Metal Products and Wood Working Industries in Turkey”  International Journal of Occupational and Environmental Health* . 12(1), pp. 35-41, January-March 2006.

  18. “Inflation, Stock Returns, and Real Activity: Evidence from a High Inflation Country.” The Empirical Economics Letters**. 4(3) May 2005, pp. 181-192. (with Ramazan Sari)

  19. “Disaggregate Energy Consumption, Employment; and Income in Turkey.” Energy Economics* , Vol. 26 (3), pp. 335-344, May 2004. (with Ramazan Sari)

  20. “Is Limit Pricing Evolutionarily Stable?” Journal of Evolutionary Economics* , Vol. 13 (3), pp. 281-88, August 2003. (with Klaus G. Becker)

  21. "Energy Consumption and GDP: Causality Relationship in G-7 Countries and Emerging Markets." Energy Economics* , Vol. 25 (1), pp.33-37, January 2003. (with Ramazan Sarı) This article is among the most influential new articles in Energy Economics (Tol, R.S.J. and Weyant, J.P. (in press) “Energy Economics’ Most Influential Papers.” Energy Economics.).

LIST OF CITATIONS

Under review:

1. “Fertility and infant mortality”  Submitted to Journal of Policy Modeling*.

2. "Financial development and growth" Submitted to Applied Economics*

 

PUBLICATIONS IN REFEREED NATIONAL JOURNALS

  1. “Global Risk Algılamasının Gelişmekte Olan Piyasalara Etkisi : Türkiye Örneği” forthcoming in The International Journal of Economic and Social Research (Abant İzzet Baysal Üniversitesi IIBF Dergisi), (with Erk Hacihasanoglu)

  2. “S&P 500 Volatilitesi ve Türkiye’nin Kredi İflas Takası Primi” forthcoming in Celal Bayar Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, (with Erk Hacihasanoglu)

  3. “Beta variability: Evidence from an emerging market.” METU Studies in Development 35, Muhan Soysal Special Issue, 2009. (with Adil Oran)

  4. “Evrimsel Oyun Teorisi Üzerine Bir Not” Abant İzzet Baysal Üniversitesi IIBF Dergisi, Vol. 5, pp.198-206, 2002 (2).

  5. “The Role of Fixed Entry Costs in an Evolutionary Entry Game with Bertrand Players.” Hacettepe İİBF Journal, Vol. 23 (2), pp. 207-219, 2005.

  6. “Evrimsel Oyun Olarak Kurumsal Kontrol Etkileşimi” AÜSBF Dergisi 62(2), 2007.

INTERNATIONAL CONFERENCE PROCEEDINGS AND PRESENTATIONS

  1. "Forecasting the Prices of Aliminum, Copper, and Zinc with GARCH Models" GBATA International Conference Proceedings, pp 166-173, Prague, 2009. (with Burcak Bulut)

  2. "Price Transmission between World Food, Agricultural Raw Material, and Oil Prices" GBATA International Conference Proceedings, pp 596-603, Prague, 2009. (with Muge Kaltalioglu)

  3. “Do stock returns trigger economic growth: Evidence from Turkey”  Annual International Conference on Macroeconomic Analysis and International Finance, Crete, 2009. (with Ulkem Bastas)

  4. “The Evolution of Firm Population in Turkish Manufacturing Industry: A Time Series Exploration” presented at GBATA International Conference 2008, Madrid, 2008.

  5. “Assessing the Value of the (New) Turkish Lira” GBATA International Conference Proceedings, pp. 377-381, Taiwan, 2007. (with Engin Kucukkaya and Ramazan Sari)

  6. "The temporal link between financial development and economic growth: The case of Russian Federation." GBATA International Conference Proceedings, pp. 492-500, Moscow 2006 (with Engin Kucukkaya)

  7. “Why Signalling through the use of  Debt versus Equity may not Function.” GBATA International Conference Proceedings, pp. 1193-1198, July 2003. (with Adil Oran)

  8. “Beta Stability in ISE” GBATA International Conference Proceedings, pp. 987-991, July 2003. (with Adil Oran)

  9. “Energy Consumption and GDP Relationship in Turkey: A Cointegration and Vector Error Correction Analysis.” GBATA International Conference Proceedings, pp. 838-844, July, 2001. (with Ramazan Sarı and Ozlem Ozdemir) 

  10. “Purchasing Power Parity: New Evidence from Turkey.” GBATA International Conference Proceedings, pp. 813-818, July, 2001. (with Ramazan Sarı)

  11. “Causality Relationship between Energy Consumption and GDP: Evidence from top ten Emerging Markets and G-7 Countries.” Presented at the Southwestern Economic Association Conference. March, 2000. (with Ramazan Sarı and Özlem Özdemir)

  12. “Energy Consumption and Economic Growth: Evidence from Error Correction and Cointegration Analysis” Presented at The Age of Transnationalism Interdisciplinary Conference, Lubbock, TX, USA, 1999.

NATIONAL CONFERENCE PROCEEDINGS AND PRESENTATIONS

  1. “Uluslarası Çeşitlendirme ve Global Risk Algılaması” accepted for presentation in the 13. Ulusal Finans Sempozyumu, Afyon 2009. (with Erk Hacihasanoglu)

  2. “S&P 500 volatilitesi ve Türkiye’nin kredi iflas takası primi” 8. Anadolu İşletmecilik Kongresi, Proceedings pp. 410-415, Manisa 7-9 Mayıs 2009, (with Erk Hacihasanoglu)

  3. “How are changes in world oil prices reflected on the ISE electricity index?” Proceedings 12. Ulusal Finans Sempozyumu, Kayseri 22-25 October 2008, (with Adil Oran)

  4. “Energy Consumption, Economic Growth, and Carbon Emissions in Turkey”, presented at ICE-TEA 11-13 Sept., 2006, Ankara (with Ramazan Sari)

  5. “Economic Growth and Financial Development in Turkey: Evidence from Toda-Yamamoto causality tests”, presented at ICE-TEA 11-13 Sept., 2006, Ankara. (with Engin Küçükkaya).

 WORK IN PROGRESS

  1. “Inertemporal relationship between entry an exit”

  2. “CO2 emissions and environmental Kuznets curve" (with Ramazan Sari)

  3. “An Evolutionary Game Theoretical Explanation of Why Pecking Order Hypothesis may not Hold.” (with Adil Oran)

  4. “Beta variability: Evidence from an emerging market.” (with Adil Oran)

  5. "Financial development and economic growth" (with Engin Küçükkaya)

  THESES CHAIRED

  1. Alsan, Murat "Cost And Demand Driven Pricing Model For Internet Services And Application On Turkey’s Case" (co-chair)

  2. İskender, Gökhan. “Elektronik Haberleşme Sektöründe Rekabeti Bozucu Fiyat Uygulamaları ve Düzenleyici Yaklaşımlar.” Telekomünikasyon Kurumu Uzmanlık Tezi

  3. Çetinkaya, Önder. “Deregülasyon Yoluyla Avrupa Birliği Tüketici Politikası Hedeflerinin Telekomünikasyon Sektöründe Gerçekleştirilmesi ve Bu Çerçevede Avrupa Birliği’ne Uyum Sürecinde Türkiye’de Alınması Gereken Tedbirler.” Telekomünikasyon Kurumu Uzmanlık Tezi, 26 April 2005.

PROJECTS

 

Occupational Health and Safety Market Analysis

Occupational Health and Safety Laboratory Survey

SEMINAR PRESENTATIONS

 “Oyun Teorisi ile Stratejik Düşünme” Yaz 2004, ODTÜ Sürekli Eğitim Merkezi, METESAN Eğitimi, 10 saat.

 “Uluslararası Finansman” Bahar 2003, ODTÜ Sürekli Eğitim Merkezi, Uluslararası Müteahhitler Birliği Eğitim Programı, 6 saat.

 “Groundwater Property Rights in Turkey” Spring 1998, Texas Tech University Interdepartmental Seminar Series.

 

PROFESSIONAL EXPERIENCE

 

Nov. 2007-date             Assoc. Professor.  

 

Sept. 2005 – date.         ERASMUS coordinator

 

May 2002 – May 2005  Assistant Chair. Middle East Technical University, Department of Business Administration.

 

Sept. 2002 - Nov. 2007 Assistant Professor. Middle East Technical University, Department of Business Administration.

 

July 01 - Sept. 2002      Instructor. Middle East Technical University, Department of Business Administration.

 

Sept. 2001 – Jun. 2003  Part-time Instructor. Atılım University, Department of Economics.

 Courses: Principles of Microeconomics, Mathematical Programming I and II, International Economics I and II.

 

2002 - 2005                 Lecturer. Certificate Program in Advanced Management Studies, Department of Business Administration, Middle East Technical University, Turkey. Module: Strategic Decision Making with Game Theory.

 

2001 – Fall 2002          Academic Advisor to MBA Students. Department of Business Administration, Middle East Technical University, Turkey

 

Fall 2002 – Spr. 2005  Academic Advisor to Undergraduate Students. Department of Business Administration, Middle East Technical University, Turkey

 

Jan-May 2001.             Assistant Professor (Visiting). Texas Tech University, Department of Economics.

 Courses: Intermediate Macroeconomics, Principles of Macroeconomics.

 

Sept. 96 – Dec. 2000.  Graduate Instructor. Texas Tech University, Department of Economics.

 Courses: Principles of Economics (for non-majors), Principles of Microeconomics, Principles of Macroeconomics.

  

PROFESSIONAL AFFILIATION

 

Enerji Ekonomisi Derneği (Turkish affiliate of IAEE), Summer 2005 – date.

Omicron Delta Epsilon, International Honor Society in Economics, May 2000 - date.

American Economic Association, Fall 1996 - Spring 2000

 

 AWARDS AND SCHOLARSHIPS

 

METU Young Scientist Award, 2008

METU Young Scientist Award, 2007

METU FEAS Academic Performance Award, 2009.

METU FEAS Academic Performance Award, 2007.

METU FEAS Academic Performance Award, 2005.

METU FEAS Academic Performance Award, 2004.

Outstanding Graduate Instructor Award, 1998-1999 Texas Tech University

International Education Fee Scholarship, Spring 1999 Texas Tech University

West Texas Turkish-American Association Scholarship, 1995-1996, Lubbock, Texas.

Marketing Departmental Scholarship, Spring 1995, Texas Tech University.

High Honor's Society, Spring 1994, ODTÜ.

Honor's Society, Spring 1991, ODTÜ.

 

NON-ACADEMIC WORKS

 

Soytaş, Uğur “Axelrod’un Turnuvası”Glokal, 2005

Soytaş, Uğur “Oyun mu Teori mi?” Popüler Bilim, 2003                

Soytaş, Uğur “Oyun Teorisi”Glokal, 2003

 

COURSES TAUGHT IN METU

 

METU:

Business Economics (MBA),

Business Statistics (MBA)

Game Theory module (Executive MBA),

Microeconomics for Business,

Introductory Econometrics for Finance

Industrial Organization,

Strategic Games for Managers,

Business Statistics I and II,

Business Statistics (I and II combined as a one semester course)

 

METU-SUNY Binghamton joint program:

Microeconomics for Business

Business Statistics