
Dr. Zulal Denaux
Professor of Economics
- Ph.D. in Economics, Minor in Statistics
North Carolina State University - MBA with International Business Graduate Certificate
Southern New Hampshire University
Teaching Interests:
Macroeconomics; Applied Economic Growth and Development; International Economics;
Econometrics; Exchange Rates and Open-Economy Macroeconomics
Research Interests:
Open-Economy Macroeconomics; Applied Economic Growth and Development; International
Macroeconomics; Econometrics; Environmental Economics; Public Finance
Selected Publications:
1-Denaux, Z. F. Emirmahmutoglu and M. Topcu “Revisiting the Financial Development
and Economic Growth Nexus: Evidence from South Korea, Economics Bulletin,
Volume 43 (3) 2023
2. Topcu, M., Z. Denaux and C. Crew “Good Governance and the US Tourism Demand”,
Annals of Tourism Research Empirical Insights, Volume 4(1), May 2023
3. Emirmahmutoglu, F. Z. Denaux, M. Topcu “Time-Varying Causality between
Renewable and Nonrenewable Energy Consumption and Real Output: Sectoral
Evidence from the United States”, Renewable and Sustainable Energy Reviews,
October 2021, Volume 149
4. Emirmahmutoglu, F. Z. Denaux, T. Omay and A. Tiwari “Regime Dependent
Causality Relationship between Energy Consumption and GDP Growth: Evidence
from OECD Countries”, Applied Economics, December 2020, Volume 5 (53)
5. Jenkins, R. and Zulal Denaux “Money and its Effects in Winning Games in MLB”,
17(2), September 2020, 66-75, International Journal of Applied Economics
6. Denaux, Z, Esra Hasdemir and Tolga Omay (2019). “Testing the Current Account
Sustainability for BRICS Countries: Evidence from a Nonlinear Framework”
Economics Bulletin,
7. Elson, R. and Z. Denaux “NUTELLA ® and the Use of Palm Oil” October 2018,
Volume 22, Journal of Business Cases and Applications.
8. Omay, Tolga., F. Emirmahmutoglu and Z.S. Denaux “Nonlinear Error Correction
Based Integration Test in Panel Data”, 2017Volume 157, pp:1-4, Economics Letters,