IDEAS home Printed from https://ideas.repec.org/p/tcb/econot/1705.html
   My bibliography  Save this paper

Investigations on Responding Behaviour : Case Study for the Business Tendency Survey of Turkey

Author

Listed:
  • Cevriye Aysoy
  • Turknur Brand

Abstract

[EN] This note discusses the responding behaviour of Business Tendency Survey (BTS) participants to the question of general economic situation. The general tendency of perception and attitude change due to economic situation is measured by this question via a three-level Likert scale of “more optimistic; unchanged; more pessimistic” on a monthly basis. The high percentages of middle alternative responses over time draw our attention to look into this topic in more detail from a cognitive point of view. In this study, by implementing an ad hoc interpolation method, how different the balance calculated would be under certain assumptions is studied. The method, for testing purposes, not for data editing, studies firms’ behaviour in choosing the middle category response. The possible different interpretations of this response category do not cause any substantial changes on our interpretation of the economic tendencies. While “unchanged” response keeps its information content, relative increase in this response can be a signal for uncertain periods in economy. [TR] Bu notta, Iktisadi Yonelim Anketi katilimci firmalarinin genel gidisat sorusunu cevaplama davranisi tartisilmaktadir. Genel gidisata iliskin algi ve beklentiler, aylik olarak “daha iyimser; ayni; daha kotumser” seceneklerinden olusan uclu Likert olcekli soru ile derlenmektedir. Seceneklerden “ayni” cevaplarinin zaman icerisinde hep yuksek oranda olmasi, bu konuya daha detayli calismak icin ilgi uyandirmistir. Literaturde notr cevap kategorisinin ne sekillerde yorumlanabilecegi tartisilmaktadir. Bu calismada, gerekli varsayimlarla deneysel bir interpolasyon metodu uygulandiktan sonra hesaplanan denge degerinin ne kadar farkli olduguna bakilmistir. Test amacli olup veri yenilemek icin olmayan bu metot, firmalarin “ayni” cevap kategorisini nasil degerlendirebildigi uzerine yogunlasmistir. Olasi farkli degerlendirmeler, beklentileri yorumlama seklimizde kritik degisiklikler yaratmamaktadir. “Ayni” secenegi kendi bilgi icerigini korumakla birlikte bu secenekteki goreceli artis ekonomide belirsiz zamanlarin habercisi olabilir.

Suggested Citation

  • Cevriye Aysoy & Turknur Brand, 2017. "Investigations on Responding Behaviour : Case Study for the Business Tendency Survey of Turkey," CBT Research Notes in Economics 1705, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
  • Handle: RePEc:tcb:econot:1705
    as

    Download full text from publisher

    File URL: https://www.tcmb.gov.tr/wps/wcm/connect/197f3fbd-81b3-43bb-ab5e-62b9a521c95c/en1705eng.pdf?MOD=AJPERES&CACHEID=ROOTWORKSPACE-197f3fbd-81b3-43bb-ab5e-62b9a521c95c-m3fw5y4
    Download Restriction: no
    ---><---

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tcb:econot:1705. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://edirc.repec.org/data/tcmgvtr.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: or (email available below). General contact details of provider: https://edirc.repec.org/data/tcmgvtr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.