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- Title
Döviz Kurundaki Değişkenliğin Türkiye Dış Ticaretine Etkisi.
- Authors
ACARAVCI, Ali; DAĞLI, Öznur
- Abstract
This study explores the effects of real exchange rate volatility on Turkish foreign trade for 2002:Q1-2020:Q1 period by using the autoregressive distributed lag bounds test approach to cointegration. The cointegration analysis results follow as: i) there is no a cointegration relationship between real imports, real domestic income, real exchange rates and real exchange rate volatility. ii) Increases in gross domestic product and real exchange rate affects real import positively both in the short term and in the long term; on the other side an increase in real exchange rate volatility negatively affects Turkish imports. According to this result, the investors evaluate the sudden change in exchange rates as a risk factor and their reluctance to make an investment decision in the risk-bearing economic market.
- Subjects
FOREIGN exchange rates; COINTEGRATION; INTERNATIONAL trade; DECISION making in investments; GROSS domestic product; REAL income
- Publication
Uluslararasi Ekonomi ve Yenilik Dergisi, 2021, Vol 7, Issue 2, p213
- ISSN
2149-6838
- Publication type
Article
- DOI
10.20979/ueyd.972981