SEDA BASIHOS
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Working Papers on Growth, Technology, Political Economy

(Market) Power is (Political) Power! The Pressure of Declining Competition on Democracy [link]
(Revise&Resubmit, JCE)  
​A very short summary: This study documents that the rising market power of big corporates has non-trivial political consequences.
* Invited for submission by Journal of Comparative Economics.
* The policy recommendation of this paper has been presented in ARC 2024 to the European Commission, the Directorate-General for Economic and Financial Affairs.
Technology Overload? Macroeconomic Implications of Accelerated Replacement [link]
Working Paper, 2024 -- under review
​A very short summary:
This study documents that technology has been changing (very) fast since the mid-1990s computing revolution. This trend is linked to the declining labor share and the productivity growth slowdown.
*A coverage of this work on Financial Times. "Why don’t computers work? A neat theory to explain the productivity puzzle 2.0"   
why_don’t_computers_work____financial_times.pdf
File Size: 637 kb
File Type: pdf
Download File

The Granular Role of Mergers and Acquisitions in Aggregate Fluctuations [link]
Working Paper, 2025
​
 
A very short summary: 
How much of aggregate fluctuations is hiding in M&A activity? This paper shows that M&A activity drives big, short-run firm-level productivity shocks-- and these shocks explain ~20% of variations in output growth.


Research on the Turkish Economy

 Geography and Economic Development: Subnational Evidence from Türkiye (with M. Aykut Attar)
(work in progress)


New Turkey and its Republican Counterfactuals: People’s Houses as a Historical Selection Mechanism (with M. Aykut Attar)
(work in progress)

Türkiye's Transition to Sustained Growth: Some Econometric Evidence (with M. Aykut Attar)
(work in progress)

Ottoman Population within the Current Borders of Türkiye: Malthusian Characteristics of A New Construction
Working Paper, 2018  (under extensive revision)


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Selected Non-refereed Works:

​
Nightlights as a development indicator: the estimation of gross provincial product in Turkey
Seda Basihos. The Economic Policy Research Foundation of Turkey, 2016.

Support to Development of a Policy Framework for Total Factor Productivity in Turkey
United Nations Development Programme (UNDP), contributed in 2016 as research associate.

Measuring the Size of the Turkish Informal Economy: Technical Assistance for Fight Against Informal Economy
European Commission, International Cooperation and Development, contributed in 2016 as research associate.


Trade Relations with Syria after the Refugee Influx
Seda Basihos, Esra Ozpinar, Aycan Kulaksiz. The Economic Policy Research Foundation of Turkey, 2015.

Contractual Agreements in Turkish Coal Mining Sector
International Labor Organization (ILO), 2015. Contributed as research associate.
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