Exchange rates, exports and economic growth in Turkey: Evidence from Johansen cointegration tests

作者:

KOÇÇAT, Halil

資料來源:

International Journal of Economic Perspectives. 2008, Vol. 2 Issue 1, p5-11. 7p. 2 Charts.

文件類型:

Article

主題術語:

*FOREIGN exchange rates
*EXPORTS
*ECONOMIC development
*COINTEGRATION
*ECONOMETRICS
*GROSS domestic product

地理詞彙:

TURKEY

作者提供的關鍵字:

Cointegration
Exports
GDP
Real Exchange Rate
Turkey

摘要:

The relationship between economics growth, foreign trade and exchange rate movements is inconclusive in the relevant literature. Most of the results from empirical studies show different conclusions depending on the country, data and model to be selected. Turkey is a developing country, which is strongly depending on foreign trade with others. Turkey experienced trade deficits and high exchange rate fluctuations in the economy more than 50 years. In this study, the relationship between economic growth, exchange rate movements and Turkey's exports empirically was evaluated by using time series quarterly data. The basic finding of this study is that no long-run equilibrium relationship has been found between real income per capita, real exchange rates and real exports of goods and services in Turkey based on the Johansen methodology. [ABSTRACT FROM AUTHOR]

 

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作者所屬機構:

Turkish Bank Ltd., Central Office, Nicosia Northern Cyprus, Via Mersin 10, Turkey

ISSN:

1307-1637

入藏號碼:

35639179

資料庫:

Business Source Complete