When Professor Hakan Berument of Bilkent University, one of the most productive professors of economics in Turkey and my advisor during my graduate studies at Bilkent, showed me his first work on soccer, I could not resist laughing at him as a Trabzonspor fan.
He worked with a good friend, Eray Yücel, and showed that Fenerbahçe victories abroad in international tournaments increase the industrial production of Turkey by a quarter percent. However, domestic wins of the same team did not have (...)
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